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Number of Periods of a one Payment
a) If you deposit money today in an account that pays 7.5% yearly interest, how long will it take to double your money?b) What's the future value of a 6%, 5-year ordinary annuity that gives $750 every year?
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Investment with cum.div. Quotation Investment with cum.div. Quotation will be debited to the investment account at its full value. When the dividend is subsequently received it
What are the sailent features of branches
capital budgeting
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Regulated Investment Company (RIC) - Commonly known as a MUTUAL FUND, this is a domestic corporation which acts as an investment agent for its shareholders by typically investing i
If dividends per share are in surplus of earnings per share then a company must be making the dividend payment out of reserves. In other sense the net asset value of the business w
Concept of accounting for Wealth creation It is significant to recognise that generating wealth for the owners isn't the same as seeking to maximise the current year's profit.
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