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Federal Agency Securities are those securities issued by federally related institutions and those issued by Government-Sponsored Enterprises (GSE). Securities issued by GSEs can be classified into agency debentures and agency mortgage-backed/asset-backed securities. Unlike treasury securities, these securities are not backed by the full faith and credit of the US Government.
Explain the organization and function of commodities exchange
Flex budget
Constructing Index Numbers There are two approaches for constructing an index number namely the aggregates method and average of relatives method. The index constructed in eit
What is the Trade payable days (turnover) Year-end trade payables/Credit purchases (or cost of sales)x 365days This is the length of time taken to pay suppliers. The rat
Classification of finance and abrief description of each source of fund
critically appraise baumol max. theory as an alternative objective of the firm
What is Global Depository Receipts American / Global Depository Receipts (ADRs/ GDRs) Equity shares which are offered in international markets to international investors a
Strong form level of Efficiency This level states that price reflects all the available public and private information (past, present and future information). If the hypothesis
Zero base budgets: this is a new technique, which was first used by the US Department of Agriculture in 1961. Texas instruments, an MNC, have used it in the private sector. But,
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