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Central Depository System or C.D.S
Its computerized ledger systems which enable the transfer or holding of securities with no necessitate for physical movement. The shares or ownership of security is by the use of a book entry instead of physical exchange CDS is for security what such a bank is for cash transfer among banks. As like A and B are 2 shareholders of XYZ Ltd. XYZ Ltd. does not necessitate delivering the share certificate to A or B however a ledger account for both shareholders would be maintained at the CDS. Their accounts will be credited along with the number of shares. Whether A want to sell shares to B the CDS will debit A's account and credit B's account.
Consider an economy with three dates {t=0, 1, 2}. A firm has assets in place that generate an output (profit) of either 40 in state L or 160 in state H at t=2. Bothe states equally
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what are the scopes of this study
Question: a) Lucy who plans to retire in 18 years has decided to save money in the bank at the beginning of each month until her retirement, with each subsequent saving incre
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