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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.
What is the Value of the security to an investor Value of the security to an investor is directly proportional to the return that he is expected to get from that security. Hig
Your friend Peter is planning to set up a new business which will manufacture and sell wooden tables. The parts that make up the table consist of a wooden table top measuring 1m by
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