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Q. What do you mean by Shares?
Shares: issue of the share is the most important source of the long terms capital. A company can issue various type of the share as the equity and preference share and differed according to the company act 1956 a public company cannot issue differed share according to the preference share carry the preferential right in respect of the preference dividend at a fixed rate and in regard to the repayment of capital at the time of the winding up of the company. Equity shares do not have any fixed commodities charge and dividend on this share is to paid to the subject to the availability of the sufficient profit. As far as possible, a company should raise the maximum number of the amount of the capital by the issue of the shares.
Due to the complexity of the tasks involved in many projects, communication of responsibility for those tasks is often helped by means of graphical planning techniques.
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why is agency problem important
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Now that we have an understanding about price volatility characteristics of a bond, let us turn to the duration/convexity approach, which is an alternative
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