Describe the duty of bondholders in a bond
Describe the duty of bondholders in a bond?
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1. Bondholder is only a lender not an owner.
2. Because of certain factors usually Bonds are less risky.
a. Before stockholder dividends are intended bondholders can take interest payments.
b. Dividends depend on profits whereby interest is definite as long as company is vigorous.
Elucidate: Competition and the “Invisible Hand”?
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Write down the importance of Price Earnings Ratio?
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Elucidate the changing rates of Appreciation and Depreciation?
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The theory of pricing for particular goods explained in Adam Smith’s Wealth of Nations is most consistent along with: (1) mercantilist doctrine. (2) Richard Cantillon’s distinction between “value in
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