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Explain Composite Currency Bond
Composite currency bonds are denominated in a currency basket, like SDRs or ECUs, in place of a single currency.They are often known as currency cocktail bonds. They are usually straight fixed-rate bonds. The currency composite is a portfolio of currencies: while some currencies are depreciating others may be appreciating, thus yielding lower variability overall.
Payback Period It is an amount of time, mainly measured in years; it takes previously the undiscounted cash inflows from a project equal the cash outflow. It indicates the leng
6 KEY STAGES OF INVESTMENT DECISION WITH APPROPRIATE DIAGRAM
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