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Stepped spread floaters have a provision to change the quoted margin at certain intervals over a floater's life. The quoted margin could either step to a higher level or a lower level. An example of such kind of floater is a 5-year floating-rate note, where the coupon rate is 6-month MIBOR + 1% for the first 2 years, and for the remaining 3 years the coupon rate is calculated based on the 3-month MIBOR + 3%.
Weighted Aggregates Index In a weighted aggregates index, weights are assigned according to their significance and consequently the weighted index improves the accuracy of the
Explain contingent exposure and define the advantages of using currency options to manage this type of currency exposure. Answer: Companies may come across a state where they m
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identify five stakeholder groups and breifly explain their financil and other objectives
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discuss the applicability of an operating cycle of a vegetable growing business
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using the operating cycle and any other financial management knoweledge,dicuss the applicability of such a cycle to the poultry biussiness in uganda (consider broilers)
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