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Explain the term - Underwriting
Underwriting is an agreement whereby underwriter promises to subscribe to a specified number of debentures or shares or a specified amount of stock in event of public not subscribing to issue. If issue is fully subscribed then there is no liability for underwriter. If a part of share issues remains unsold, underwriter would buy these shares. Hence underwriting is a guarantee for the marketability of shares.
Compute the Payback Period - Example Cedes restriction has the following details of two (2) of the future production plans. Just one of these machines will be purchased and su
Explain the Baumol Model
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Since 1968, Dracula Limited has traded in Doncaster, South Yorkshire as a manufacturer of fancy-dress and theatrical costumes. It produces a wide range of general theatrical costum
What are the significant points of Fiscal Policy? Significant points of Fiscal Policy: a. Meaning of fiscal policy and why this is an significant tool into managing economic
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I need to understand a practice question for exam, but I only have a partial solution. I need a more detailed solution, so can understand how to arrive at the answer. The problem
explain the financial planning process in a private limited company
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