Long-Term Debt
What are Long-Term Debt and what are their main parts.
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Long-Term Debt: Promises made by the issuing firm to pay principal whenever due and to make timely interest payments on the not paid balance (that is, notes, debentures, bonds etc).Public issues – provided to the general publicPrivate placement – directly positioned with a lender or group of lenders
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Is PER an excellent guide to investments?
1 FINANCIAL SERVICES BY BANKS Financial system facilitates the transformation of savings of individuals, government as well as business into investment and consumption. It consists of
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