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Explain Zero coupon bonds
The bonds that are sold at a discount from face value and do not pay any coupon interest over their life are known as Zero coupon bonds. At maturity the investor gets the full face value. Other type of zero coupon bonds is stripped bonds. A stripped bond is a zero coupon bond which results from stripping the coupons and principal from a coupon bond. The result is a series of zero coupon bonds defined by the individual coupon and principal payments.
Acquisition (takeover) or merger A merger is the synergy or combination of two companies which are roughly equal in size by consensus of two organisations. A takeover is where
Suggestion regarding Credit limit. Should it be approved or not, what should be the amount of credit limit that electronics give to Booth Plastics.
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