Last Modified: 2014-06-12
-sources of funds and uses of funds.
-funding is from related corporations, banks and overseas borrowing.
-important source of funding is through issue of debentures
provide the holder with ownership of the assets of the company in proportion to their shareholding.
-shares hae an indefinite life but may be resold in the secondary market.
are the main instrument in the money market.
-used to raise working capital
-at issue they usually have short term to maturity of 180 days
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