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A debt obligation that is issued and traded both in the US bond market and the Eurobond market is referred to as global bond. For an entity to issue global bonds, it has to meet the following characteristics: (i) The issuer must have a consistent demand for funds, (ii) An entity must need large amount of funds on a regular basis, and (iii) The issuing entity must be an entity with high credit rating.
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how can covered bond affect other secutites price
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Can a corporation have too much working capital? Explain. A firm can have in excess of working capital if it is losing the opportunity to invest in high returning fixed assets
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