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These debentures are backed by integrity and creditworthiness. They do not have any specific collateral backing. Therefore, the ability of the issuing GSE to generate sufficient cash flows to satisfy the obligation would decide the ability of the issuer to repay the debt. It is assumed that the GSE Agency debentures carry an implicit guarantee from the US government. The reason is the capacity of GSE's direct borrowing from the US treasury and the significance of the GSE's congressional charters and missions.
Q. Define Double-Entry Bookkeeping? Double-Entry Bookkeeping - Method of recording financial transactions in that every transaction is entered in two or more accounts and inclu
Explain the terms- Stock and Share Stock Ownership of a company represented by shares that are a claim on the company's earnings and assets. Share Unit of equity
Ken started college at the age of 18 with $63,450 already saved, because 18 years ago his saving account 7.25 per year.
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One of the most important objectives of statistical analysis is to get one single value that describes the characteristic of the entire mass of unwieldy
Q. Aggressive Approach of financial management? A -firm may be aggressive in financing its assets. An aggressive policy is said to be followed by the firm when it uses short-te
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Evaluate the importance of leverage in financial management of a small scale company
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