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Plastic Money or Credit Card Finance
This is finance of a kind whereby a company will make arrangements for the use of the services of credit card organizations via the purchase of credit cards in return for prompt settlement of bills on the card and a commission payable on all credit transactions. It is utilized to finance goods and services of working capital in behaviour like the payment of fuel, spaceports, medical and other universal provisions and it is rare for it to finance raw materials or capital items.
Financial Intermediaries These are institutions that link or mediate between the investors and savers: Some examples of financial intermediaries are as follow: 1. Comme
The table below gives data on the average number of football games attended per year among a population of students at a small college, separately by major. All students are in one
Petroleo Brasileiro (PBR) has just issued 1M one year bonds. Each bond hasa face value of1,000 Reais. Owners of the bonds are entitled to receive $R 1000 back at the end of the yea
mony is differnt from wealth and income
Illustrate the role of credit unions in depository institutions. Credit unions: Credit unions are non-profit institutions equally organised and owned through their member
What is the Process of Investing in Securities ? There are several process of investing in securities:- (1) Finding a Broker (2) Selection of Brokers (3) Opening an Account w
At t = 0, a 3-year, 7% coupon corporate bond with face value $1,000 is trading at a credit spread of 15%. The risk free rate is constant and equal to 4% for all maturities. The rec
main function of the insurance market
ollowing a personal introduction, and before you begin gathering information about the clients’ existing financial situation or needs, there are certain disclosures you are require
Determinants of Working Capital Needs There are few factors that determine the firm's working capital needs. These factors are comprehensively enclosed with a Textbook of Busi
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