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Debenture
A kind of debt instrument that is not secured by physical any asset or collateral is known as debenture. Debentures are backed by the general creditworthiness and status of the issuer. Both corporations and governments often issue this kind of bond so as to secure capital. Like other kinds of bonds, debentures are documented in an indenture. Bond buyers usually buy debentures on the basis of the belief that the bond issuer is unlikely to default on the repayment. An illustration of a government debenture would be any government-issued Treasury bond (T-bond) or Treasury bills (T-bill). T-bonds and T-bills are usually considered risk free as governments, at worst, can print off more money or elevate taxes to pay these kinds of debts.
What is the meaning of Over-capitalisation It is the opposite of over trading. It means a company has a large volume of inventories, trade receivables and cash balances though
can you help me subtract checks and balances in financial algebra
#what are the main points in scope or contents of financial functions#
Question: Part A The financial system is complex in structure and function throughout the world. There are many different types of institutions: banks, insurance compani
Question 1 Insurance is protection against possible financial loss. Explain life insurance in detail Question 2 Mutual funds are a composite of stocks, bonds, and securities,
What kinds of U.S. companies would benefit most from a stronger dollar in the foreign exchange market? Explain. U.S. companies which import goods from other countries would bene
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Q. Describe Concepts of finance function ? 1) The finance function in the business task in the providing funds needed by the enterprises on the term that one most favorable in
Discounted Cash Flow A technique used to present a forecasted stream of future cash flows in conditions of its present value, or its value in today's dollars. Discounted cash
We can also express Modified duration as follows: ...Eq. (3) The
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