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Revenue bonds are the securities issued for financing an entity for general public-purpose. The securities issued for entity financing are backed up with the revenues generated from the completed projects. The tax and revenue resources back up the securities issued for financing general public purpose. These resources were previously part of the general fund.
Revenue bonds are classified. For example, revenue bonds include utility revenue bonds, transportation revenue bonds, housing revenue bonds, higher education revenue bonds, health care revenue bonds, etc.
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Q. Explain about Current Value? Current Value - (1) Value of an ASSET at present time as compared with asset's HISTORICAL COST. (2) In finance, amount determined by discounting
Explain why warrants are rarely exercised unless the time to maturity is small? Warrants are hardly ever exercised until the time to expiration is small because the market pric
To compute the total returns we need the investment horizon, reinvestment rate and the price of the bond at the end of the investment horizon. Steps involved in computi
The capability of an asset to be converted into cash as quickly as possible without any discount to its value.
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Banks like to make short-term, self-liquidating loans to businesses. Why? Banks like can see where the funds are likely to come from such that the borrower is able to use to m
Significance of cost of capital
Long- T er m Debt Long-term debt is a debt obligation that has a maturity from the date the obligation was incurred of more than one year. The debt obligation com
Select a company (excluding finance sector) of Bursa Malaysia (www.bursamalaysia.com). Analyse and comment on the liquidity and profitability performance of the selected company fr
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