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Q. What is Lending System?
Under the note lending system, the borrower takes a loan, usually of 90 days Duration, against a promissory note. The loan may be renewed or retired at the end of the period. The interest is payable on the entire loan amount and the borrower cannot secure interest relief by repaying The loan, partially or fully, before the maturity period. In this respect this system differs markedly from the. Overdraft Dr Cash credit arrangement wherein interest is payable only on the amount actually utilized.
Discuss the implications of the interest rate parity for the exchange rate determination. Answer: Presume that the forward exchange rate is roughly an unbiased predictor of the
evaluate the importance of leverage in financial management of a small scale company
how to solve balance sheet?
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