MUNCIPAL BONDS IN INDIA WHAT ARE MUNCIPAL BONDS A municipal bond is a bond or debt security issued by a city or other local government or their agencies. Municipal bonds are securities that are issued for the purpose of financing the infrastructure needs of the issuing municipality which include schools‚ streets and highways‚ bridges‚ hospitals‚ public housing‚ sewer and water systems‚ power utilities‚ and various public projects. HISTORY OF MUNI BONDS Officially the first recorded municipal
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[pic] [pic] Course code: F-201 Course title: Financial accounting -2 Submitted to: Tahmina Akter Lecturer Department of Finance University of Dhaka Submitted by: |Name | |
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Table 2 in Appendix B). Cash Present Value Flow Factor Total $600 3.7908 $2‚274.48 EXERCISE 9-7. Calculate Present Value [LO 2] Juanita Martinez is ready to retire and has a choice of three pension plans. Plan A provides for an immediate cash payment of $200‚000. Plan B provides for the payment of $20‚000 per year for 10 years and the payment of $200‚000 at the end of year 10.
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Chapter 10: Bond Return and Valuation Q. 6. Find out the yield to maturity on a 8 per cent 5 year bond selling at Rs 105? Solution: Yield to Maturity = [pic] = [pic] = [pic] × 100 = [pic] × 100 YTM = 6.82. Q. 7. (a) Determine the present value of the bond with a face value of Rs 1‚000‚ coupon rate of Rs 90‚ a maturity period of 10 years for the expected yield to maturity of 10 per cent. (b) In N is equal to 7 years in
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Date: 11 Oct‚ 2010 Financing Small and Medium Enterprises Introduction: Cash is like the blood in human body for all companies. So‚ the problem of financing is one of the most important issues in company operations. Appropriate and healthy sources of capital is the primary issue for an enterprise‚ especially for the SMEs. As policy‚ the reasons for their ideas‚ and SMEs’ own flaw‚ so that the financing channels for SMEs is relatively narrow‚ a shortage of
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BMW Hypothetical Marketing Plan for New BMW 4 Series Coupe All facts and figures contained in this plan are guesstimates based on general industry knowledge By: James McCarthy Executive Summary BMW has seen a flattening and fall off in 3 Series coupe sales in the US while competitor offerings in the category have been growing at double digit rates. New offerings from Cadillac‚ Audi and Mercedes may have had an impact on our key 3 Series product line sales. The competitive products are the best
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East and West Rabindranath Tagore I It is not always a profound interest in man that carries travellers nowadays to distant lands. More often it is the facility for rapid movement. For lack of time and for the sake of convenience we generalise and crush our human facts into the packages within the steel trunks that hold our travellers’ reports. Our knowledge of our own countrymen and our feelings about them have slowly and unconsciously grown out of innumerable facts which are full of contradictions
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Service‚ a precursor of the modern United States Coast Guard was created by congress on August 4th‚ 1790. The Secretary of the Treasury Alexander Hamilton requested the creation of the armed seagoing service as a means to collect tariff revenue on both imports and exports. From humble beginnings‚ only ten small cutters were originally authorized‚ the Coast Guard has grown by incorporating numerous federal agencies with a varying mission sets. Today‚ the Coast Guard has eleven statutory missions: Ports
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Bond University offers a broad range of internationally recognised undergraduate and postgraduate (coursework and research) degrees across its Faculties of Law‚ Business‚ Humanities & Social Sciences and Health Sciences & Medicine; and Institute of Sustainable Development and Architecture. With an internationally diverse‚ close-knit community of around 4‚500 students‚ Bond University offers the Australia’s lowest student-to-staff ratio‚ enabling small class sizes that encourage productive engagement
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Robert Gray’s North Coast Town is a poem that shows how Australia is becoming more influenced by America and how the world is filled with artificiality. He presents us with a detailed description of the town which reflects his views on the changing nature of Australia. The poem takes on the persona of a hitchhiker without any money. The first stanza talks about how the persona gets up in the morning after sleeping on the beach. The use of descriptive language creates a visual image for the reader
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