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What is an agent? What are the responsibilities of an agent?
An agent is a person who has the actual or implied authority to act on behalf of another. The owners whom the agents stand for, are the principals. Agents have an ethical and legal responsibility to make decisions that further the interests of the principals.
The calculations for the cash flows Actual amount of cash paid or received during the period needs to be established. This can get quite tricky as there would be accruals
how do we measure equity in an orgarnisation
A mortgage-backed security is a debt and a kind of security that is backed by a pool of mortgages or a credit support from another party to a transaction. T
Explain why accounting profits and cash flows are not the same thing. Ans: Stock value relies on future cash flows, their timing, and their riskiness. Profit calculations do n
Market Capitalization : Often referred to as market cap, it refers to the value of a company, that is, the market worth of its outstanding shares. A common misconception is that
At the end of March, 20X6 the balances in the several accounts of Nitin & Company are as follows:
Rate of return of a Bond In case of bonds, rather than dividends, investor is entitled to payments of interest yearly or semi-annually. Investor also benefits if there is an ap
Company Z has just been organized. It is expected to experience zero growth next year and grow at a 10% rate in year 2. Beginning in the third year the company should attain a 5%
Under write An arrangement under which the investment banks agree to purchase a certain amount of privacy of a new issue (typically an IPO) at a given date for a given pric
What is the present value of an annuity that makes a quarterly payment of $37,110 for 11 years, assuming an annual yield to maturity of 5%?
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