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Depository institutions
Depository institutions: intermediaries with a important proportion of their funds derived from customer deposits - include commercial banks - savings institutions as well as credit unions.
Researchers found that it is extremely difficult to forecast the future exchange rates more precisely than the forward exchange rate or the current spot exchange rate. How would yo
TR has recently been promoted to his first management position. In the past, he very much enjoyed working as part of a team, but is having some difficulty in adapting to his new ro
In a floating rate security, the coupon rate changes periodically as per the reference rate. The yield to maturity of floating rate securities cannot be calculated as
Imagine you have been allocated $100,000 which is to be invested in 8 companies listed on the Australian Stock Exchange (ASX). You are required to have a balanced portfolio betwee
Norfolk Ltd is specialized in producing & selling air conditions. In 2010, the manufacturing cost per unit included:
It is the exercise price at which the investor or the bondholder exchanges the bond for shares.
Working of ASIC ASIC as an independent government body enforces and regulates company and financial services laws to protect consumers, investors and creditors. It keeps the pu
Mr. X invests Rs. 10000 at 10% p.a compounded semi-annually. Compute value after three years.
This is usually the third- or fourth-highest rating that a rating agency allocates to a security or insurance carrier. It is frequently the lowest investment-grade rating, but it i
Money Market Mutual Fund Even as the Mutual Funds show a promise of becoming a major instrument of household savings, another concept which is being talked about and waiting to
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