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Development Banks and Financial Institutions
There are some sectors in the economy such may not secure adequate funds from commercial banks for different motives.
a) May receive a long time to understand returns
b) High risk associated along with such sectors
c) Unattractive or low return
d) Uncertainty otherwise highly volatile returns
e) Necessitate heavy investment in infrastructure
These sectors involve as:
bond issued $900,000 of 8% on 3/1, they pay interest on 9/1 and mature in 10years case a @ 100, case b @ 92, case c @ 105 wha is total cash outflow thru maturity total borrowing co
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investment procedure of mutual fund
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