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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-".
State the term - Redemption Redemption is repayment of debt security at or before maturity. Redemption could at par or at a premium to face value. A debt security will be rede
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The standard cost of chemical mixture ~ PQ’ is as follows: 40% of material P @ Rs. 400 per kg. 60% of material Q @ Rs. 600 per kg. A standard loss of 10% is normally anticipated in
(b) What are the possible advantages of an offshore pension fund?
State the major decision of financial management The major decision of financial management is the decision relating to dividend policy. The dividend must be analysed in relat
Internal capital rationing is used by firms for exercising financial control. How does a firm achieve this?
What are the main elements of capital budgeting decisions There are three elements of capital budgeting decisions (i) long-term assets and their composition (ii) business
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