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To write a short paper 4-6 pages on the topic "The impact of banks and non-bank financial institutions on economic growth". In this paper should do a critical evaluation of the attached article and discuss views in other similar articles on the topic.
Attachment:- The impact of banks and non-bank financial institutions on economic growth.pdf
LIABILITIES AND EQUITY
Currently, bonds of this particular risk class are yielding investors 9 percent. A cash shortage has forced you to instruct your treasurer to liquidate the bond.
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Suppose you are an analyst studying Beranek Technologies, which was founded ten years ago. It has been profitable for the last five years, but it has needed all of its earnings to support growth and thus has never paid a dividend.
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A bond has a par value of $1000, a time to maturity of 6 years, and a coupon rate of 9% with interest paid annually.If the current market price is $845.
Brian responds that the sunken ship was abandoned and therefore he has good title to everything to which he took possession. What is the court likely to rule and why?
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