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Compare and contrast a defined benefit and a defined contribution pension plan.
In defined benefit plan retirement remuneration are determined by a formula that typically considers the worker's salary, age and years of service. The firm and/or the employee contribute the amounts necessary to reach the goal. In a defined contribution plan, the contributions to be made by the employer and/or employee are spelled out, but retirement payback depend on the total accumulation in the individual's account at the retirement date.
Discount Pricing The T-bills are issued at a discount to face value and hence have no coupon. Commission rates on round lots generally range from $12.50 to $25.00 per $1 mil
Financial assets: Financial assets/instruments represent the financial obligations that arise when the borrower raises funds in the financial market. In exchange for the funds
Categorization of management risk: Once each event has been evaluated, and been classified as to its probability and impact, the next step is to categorise those events. To do
SCOPE OF FINANCE FUNCTIONS The functions of Financial Manager can generally be sub-divided into two: The Routine functions and the Managerial Functions. Managerial Finance F
Secondary Market The major participants in secondary market are banks, brokerage firms and bond houses. They buy and sell T-bills on behalf of customers and themselves. The cus
What is the Credit Policy? Describe please.
what are the stages involved in investment decision making
Briefly define the terms proprietorship , partnership , and corporation . A proprietorship is a business possessed by one person. Two or more people who unite together to
What are the basic requirements for a successful JIT inventory control system? For a JIT system to be booming the supplier must be willing and capable to deliver materials instan
Q. Types of investment decisions? (1) Short-term investment decisions: - This kind of investment decisions related to the short-term assets. These decisions are as well called
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