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‘The overall objective of debt management is to minimise the cost of borrowing to the organisation.'
Required:
I. Explain factors which need to be taken into account, other than cost, when establishing a debt management policy.
II. Explain the factors to be monitored by the treasury officer before the decision of when, how much and for what period long-term borrowing should be made.
III. A number of organisations now outsource their debt portfolio to private sector organisations.
Highlight the advantages and disadvantages of outsourcing such a function.
ALA Rules : American Library Association. ALA Catalog Rules: Author and Title Entries. - Prel 2nd ed. - Chicago: American Library Association, 1941. Within two decades of
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