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State the term - Redemption
Redemption is repayment of debt security at or before maturity. Redemption could at par or at a premium to face value. A debt security will be redeemed before maturity if issuer feels that he can borrow same amount at a lower rate of interest or he doesn't require the funds any longer. If there is a premature redemption (redemption before maturity date), a premium is generally paid to the debenture holders.
Q. Determinants of Working Capital? Determinants of Working Capital: - The working capital necessity is determined by a large number of factors but generally the following fa
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These were first issued during a period of extreme interest rate volatility in the late 1970s. Floating-rate bonds, which are also known as variable-rate bonds or simpl
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