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Question:
(a) The key determinants of investment decisions in the public sector are:- legal, political and financial factors.
Show the importance of each determinant when developing investment policies and procedures in the public sector.
(b) The determinants of public pension plan return can be appraised from two perspectives, namely:-
Prepare a comparative analysis of both perspectives in explaining managerial behaviour in the investment of public pension monies.
MV METALWORKS
a) Debentures are a source of external long term (loan) finance for which interest is paid to the debenture holder. Debenture holders do not usually have voting or ownership rights
financial planning
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