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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.
What effects have mergers had on fees assessed for retail bank services? A: The effect is not clear. Market conditions and the level of competition frequently determine the cost
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EXPLAIN FIVE SECURITIES TRADED IN NSE
Sarkozy Ltd is considering the selection of one of a pair of mutually exclusive investment projects. Both would involve purchase of machinery with a life of five years. Projec
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