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T-Bills are issued to enable the government to tide over short-term liquidity requirements with maturities varying from a fortnight to a year. These instruments are issued at a discount to the face value. Being issued by the government they are considered to be risk-free. Due to this, they are highly marketable. Investors in T-Bills generally include banks and other institutional investors.
QUESTION 1 Part A i) Define the terms finance lease and operating lease and explain how you would distinguish between the two leases ii) When accounting for fina
1. Calculate the compound average annual growth rate in sales and profit after tax
assume that risk free rate is 8% and expected rate of return in market is 12%. what is the required rate of return on stock with a beta of 0.8%
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