Fixed interest securities-accounts under trustee , Financial Accounting

Assignment Help:

Fixed Interest Securities

No advice in writing is required before an investment in fixed interest securities is made.

  1. Government Securities.
  2. Treasury Bills.
  3. Fixed interest securities guaranteed by the Government.
  4. Fixed interest securities quoted on the Nairobi Stock Exchange issued by a company incorporated which has a paid-up capital of not less than Shs10m and which has paid a dividend in each of the preceding 5 years.
  5. Fixed interest securities issued by Railways or the Industrial Development Bank.
  6. Local Authority loans.
  7. A deposit, whether fixed term or otherwise, with a bank or financial institution, building society or the Kenya Post Office Savings Bank.
  8. Mortgages of freehold property or leasehold property having not less than 40 years unexpired.

 


Related Discussions:- Fixed interest securities-accounts under trustee

Which is not necessary in order for corporation to pay cash, Q. Which one o...

Q. Which one of the following is not necessary in order for a corporation to pay a cash dividend? a. Adequate cash b. Approval of stockholders c. Declaration of dividends by the bo

Financial statement with reference to Indian companies, discuss the content...

discuss the content of financial statement with reference to Indian companies?

Mark up-branches, Mark up Mark up is defined as the rate of gross profi...

Mark up Mark up is defined as the rate of gross profit to cost of sales: Mark up = Gross Profit                Cost of sales Margin is defined as the rate of gros

Multiple choice, A____ is a loss to the business and a gain to the debtor

A____ is a loss to the business and a gain to the debtor

Internal audit department and financial statements, 1.  What cost flow assu...

1.  What cost flow assumption does the company use to value inventories? 2.  What was the amount of expense that the company reported for inventory write-downs during 2011? 3

Generates the state dependent cash flows, Consider an economy with three st...

Consider an economy with three states which occur with probability (0.2, 0.4, 0.4). Suppose a firm has a project which generates the state dependent cash flows (100, 200, 200) at t

Assingment, Can you do the attached quections by Monday?

Can you do the attached quections by Monday?

Bankrupt person-bankruptcy and liquidation, Bankrupt person A bankrupt ...

Bankrupt person A bankrupt is a person against whom an adjudication order has been made by the court primarily on the grounds of his insolvency. Any person (other than a body c

The optimal distribution policy strikes, The optimal distribution policy st...

The optimal distribution policy strikes that balance between current dividends and capital gains that maximizes the firm's stock price

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd