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A-Credit is the highest credit grade existing as allotted to a borrower by a lender. Lenders use a credit grading system to make the borrowers eligible. The more the borrower's credit grade, the lower the interest rate presented to that borrower on a loan.
Credit grading by lenders is based on various factors, involving a borrower's debt-to-income ratio, FICO score, loan-to-value ratio and past delinquencies. This grade of credit can be related with a plus or minus for more depth. In this situation, a grade of "A+" would signify a higher credit worthiness than a score of "A-".
QUESTION 1 (a) What are the differences between futures and forwards? (b) Clearly explain the following position on options i) Going long on a call option ii) Going lo
QUESTION (a) List the five elements of the purchasing mix. (b) Describe briefly the four essential elements of a legally binding contract. (c) Distinguish between perform
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A.I.G. is often called the largest insurance entity in the world. A.I.G.'s total assets were $860 billion on 12/31/2008 (dwarfing any other insurance entity) with 116,000 employees
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SOURCES OF ISLAMIC FINANCE
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Cost Principle - Accounting Principle According to this principle all the non-monetary assets of the business are display in the books of accounts at the historical cost that
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