Purpose of Export-Import Bank
State the purpose of Export-Import Bank?
Expert
Export-Import Bank or EXIM bank of United States was founded to be an independent government agency that facilitate and finance U.S. export trade. EXIM bank’s purpose is to offer does finance in conditions where the private financial institutions are not able or unwilling as:
a) Loan maturity was too long;
b) Amount of loan was really too large;
c) Loan risk was too great; and,
d) Where the importing firm had difficulty in obtaining the hard currency for payment. In order to meet its objectives, EXIM bank offers service through three types of programs: direct loans to the borrowers of foreign, loan guarantees, and the credit insurance.
What do you mean by the Gresham’s Law?
Describe the term Purchase return with suitable example?
Presently, spot exchange rate is $1.50/£ and three-month forward exchange rate is $1.52/£. Three-month interest rate is 8.0% per annum within the U.S. and 5.8% per annum within the U.K. Suppose that you can borrow as much as $1,500,000 or £1,000,000.
The book says "avoidable interest is the amount of interest cost during the period that a company could theoretically avoid if it had not made expenditures for the asset." This makes it sound like avoidable interest is the total amount of interest paid for an asset. I know it's not but I was wonder
Explain the term Responsibility Accounting and types of responsibility centres with example?
Discuss dissimilarity in translation process between monetary/nonmonetary and temporal method.
Define the terms shadow balance?
State some of the problems which may enter into capital budgeting analysis in case project debt is computed rather than borrowing capacity made by the project?
Explain the term Goodwill with espect to intangible asset?
List some of the factors does Standard & Poor’s analyzes in computing the credit rating it assigns a sovereign government?
18,76,764
1949379 Asked
3,689
Active Tutors
1458686
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!