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Define Floating Rate Notes
Floating-rate notes (FRNs) are commonly medium-term bonds along with their coupon payments indexed to some reference rate. Common reference rates are either 3-month or 6-month U.S. dollar LIBOR. Coupon payments on FRNs are generally quarterly or semi-annual, and in a accord along with the reference rate.
Q. Objectives of Cash Management? (i) To sustain Optimum Cash Balance: - The major objective of cash management is to determine the optimum cash balance required in the busines
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Examine the Examples of political risk within countries Outbreak of national war, unrest, civil war or riot. Nationalisation of industriesfor example confiscation of as
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