Introduction of the term capital market
Give a brief introduction of the term capital market?
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Capital market is the market in that financial securities have been deal between the institutions and the individuals. Such institutions sell securities on capital markets in private and public sectors to elevate funds. This market is composed of both secondary and primary markets.
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Rs. Sales 2,40,000 Variable costs 1,44,000 Fixed costs 26,000 Profit before tax 70,000 Rate of tax 40% Firm is proposing to buy the new plant that could generate extra annual profit of Rs. 10,000. The fixed cost of new plant is expected to Rs. 4000. New plant would increase sales volume by Rs. 40,00
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