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This is again a distinction which becomes important in case of a default. The senior bondholders have to be paid before the subordinate bondholders. This means that if the assets of the company are insufficient to pay all the debts, the senior bondholders would get whatever amount can be realized and then the subordinate bondholders will be paid from the available balance. If the assets are a little more, the senior bondholders may be paid in full and the subordinate bondholders may get partial payment.
what is the meaning of market feasibility? What are its different types with their degree?
Inventory is sometimes thought of as a necessary evil. Explain. Inventory ties up funds and these funds aren't earning an unambiguous return. Some inventory is habitually nec
Types of asset-backed securities 1. Auto Loan-Backed Securities (ALBs) 2. Credit Card Receivab
What is an annuity? An annuity is a sequence of equal cash flows, spaced consistently over time.
The production department in any firm is concerned with provision of production facilities, production cycle, skilled and unskilled labor, storage of finished goods, capacity utili
Techiniques of capm Effects of capm
applicability in vegetable growing
b) Each $1 of outlay prior to 31 December 2003 would mean a loss in NPV on the alternative project of $0·20. There is so an opportunity cost of using funds in 2002. Purchasing
Explain how a country can run an overall balance of payments deficit or surplus. Answer: A country can run a whole BOP (balance of payments) deficit or surplus by engaging in th
Expalin the basic concept of financial management and Cost of Retained Earnings and External Equity??? Also explain the hoe can ew calculate the external equity? Help me
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