5-1 CHAPTER 5 The Financial environment. Markets, Institutions and Interest Rates ■ Financial markets Types of financial institutions Determinants of interest rates ■ Yield curves Copy right C 2002 by Harcourt, Inc. All rights reserved5 - 1 Copyright © 2002 by Harcourt, Inc. All rights reserved. CHAPTER 5 The Financial Environment: Markets, Institutions, and Interest Rates ◼Financial markets ◼Types of financial institutions ◼Determinants of interest rates ◼Yield curves