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Enumerate the field of study dealing with finance
The field of study dealing with finance was treated as encompassing three interrelated aspects of raising and administering resources from outside:
(i) institutional arrangement in the form of financial institutions that comprise the organization of capital market;
(ii) financial instruments through which funds are raised from capital markets and related aspects of practices and procedural, aspects of capital markets; and
(iii) legal and accounting relationships between a firm and its sources of funds. Coverage of corporation finance was, thus, conceived to describe the rapidly evolving complex of capital market institutions, practices andinstruments.
Letter of Credit (LOC) A popular bank instrument begins that a bank has granted the holder an amount of credit equal to the face amount of the L/C. A bank guarantees payment of
Limitations of participation: 1. Technology and organization today are so complex that specialized work roles are required making it difficult for people to participate succes
What is the decision rule for accepting or rejecting proposed projects when using internal rate of return? Whenever the internal rate of return is equal or greater than to the
#what are the main points in scope or contents of financial functions#
Illustrate the meaning of Gearing Gearing is the relationship between equity anddebt. Debt is typically long term liabilities that the organisation has. Equity is all the shar
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Now we can calculate the yield for each possible call or put date. In addition, we can also calculate the yield to maturity. The lowest yield of all these possibl
What the term objectives denotes- financial management It must be noted at the outset that term 'objective' is used in the sense of a goal or decision criterion for three decis
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