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State the term - Redemption
Redemption is repayment of debt security at or before maturity. Redemption could at par or at a premium to face value. A debt security will be redeemed before maturity if issuer feels that he can borrow same amount at a lower rate of interest or he doesn't require the funds any longer. If there is a premature redemption (redemption before maturity date), a premium is generally paid to the debenture holders.
a. Talk about the role of banking in business. b. Set out the precise role played by Investment Banking and the challenges of corporate governance.
List the arguments (variables) of which a FX call or put option model price is a function. How does the call and put premium change with respect to a change in the arguments?
Advantages and disadvantage of pacipatory style of budgeting
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