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Explain the term- Maturities
Debentures are sometimes grouped by length of time till maturity that existed on the date debenture was first issued. Money Market Securities mature in 364 days or less. Short-term debentures are those maturing within 1 to 3 years. Medium term debentures mature between 5 to 8 years while long term debentures are the ones who have a maturity life of 10 years or more.
A callable bond is the sale of a call option by the investor to the issuer as it allows the issuer to repurchase the bond from the time it becomes callable until
The personnel department of a firm is entrusted with the responsibility of recruitment, training and placement of the staff for the firm. The department is also required to critica
Preferably all customers will settle within the agreed terms of trade. If this doesn't happen a company needs to have in place agreed procedures for dealing with overdue accounts.
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