Describe the term Cost of debt
Briefly describe the term Cost of debt?
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It is employed to evaluate the cost of capital. This is the primary thing that must be calculated in the start to find out the cost of capital. It consists of both imputed cost and contractual cost. It is stated as the needed rate of return that an investment which is debt has to yield to keep shareholder's interest.
Elucidate redistribution of income?
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Assume that you bought a ton of gold in Santiago, and Chile for $450 per ounce and immediately sold all of this in Antwerp, Belgium for $480 per ounce. Therefore economists would categorize your movement as: (i) arbitrage. (ii) scalping. (iii) screening. (iv) speculat
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