Finance is the allocation of assets and liabilities over time under conditions of certainty and uncertainty. A key point in finance is the time value of money‚ which states that a unit of currency today is worth more than the same unit of currency tomorrow. Finance aims to price assets based on their risk level‚ and expected rate of return. Finance can be broken into three different sub categories: public finance‚ corporate finance and personal finance. Contents [hide] 1 Areas of finance 1
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34-Home QUIZ 1. When a student transfers from one school to another‚ the school can transfer the student’s record to the new school ___________. a. without consent b. only with written consent c. only with both parental and student consent d. with just student consent 2. A scandal in which of the following corporations pushed the Congress to pass the Sarbanes-Oxley Act of 2002? a. British Petroleum b. Goldman Sachs c. Enron Corporation d. Lehman Brothers 3. Which of the following
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The main goal of a finance manager is maximizing of wealth rather than maximizing profit--measuring wealth or value is by cash flows and not accounting profits. This goal must be constantly in mind when making investments‚ financing these investments‚ and funding the company’s day-to-day operations. The total value of the firm can be increased by pushing up the price or market value of the existing shareholders’ ordinary shares. Investors react to poor investment decisions or poor financing decisions
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CORPORATE FINANCE The word Corporate Finance can be defined in terms that may vary considerably across the world. Corporate Finance is one of the three areas of the discipline of finance and can be defined broadly as a field of finance dealing with acquisition and allocation of a corporation ’s funds or resources‚ with the goal of maximizing shareholder wealth i.e. stock value. This division of a company is basically concerned with the financial operation of the company from company’s point of view
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Financing HBS Case 9-287-057 The case is set in the context of RJR’s 1985 financing of its $4.9 billion acquisition of Nabisco Brands Inc. To finance the acquisition‚ RJR was proposing the issue of $1.2 billion of 12 year notes and the same amount in preferred stock. It had already funded $1.5 billion of the acquisition leaving $1 billion more to finance. Challenges facing RJR: Of the $1.5 billion that had been funded‚ $500 million came from cash and the remaining was through bank borrowings
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Score for this quiz: 14 out of 20 Submitted May 18 at 8:28pm This attempt took 20 minutes. Question 1Correct! 2 / 2 pts In 1980‚ Goldsmith predicted what healthcare would look like in the future. Which of the following did he NOT forecast‚ as listed in your text? In 1980‚ Goldsmith predicted what healthcare would look like in the future. Which of the following did he NOT forecast‚ as listed in your text? Problems of the uninsured Expanded role of government financing *Undersupply
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1. How should PDVSA finance the development of the Orinoco Basin? Can you define project finance? Is Petrozuata a project? What are the costs and benefits of using project finance instead of the traditional (debt) finance – as Mr. Bustillos said‚ PDVSA could have finance the debt internally (p.7 of the case)? Project finance is a kind of Financing that has a priority does not depend on the creditworthiness of the sponsors proposing the business idea to launch the project. Approval does not even
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Year Project A Year Project A Project B 0 (25‚000‚000.00) PBP DPBP 1 5‚000‚000 20‚000‚000 1 5‚000‚000.00 (20‚000‚000.00) 0.909 4‚545‚000.00 (20‚455‚000.00) 1 2 10‚000‚000 10‚000‚000 2 10‚000‚000.00 (10‚000‚000.00) 2 Years 0.826 8‚260‚000.00 (12‚195‚000.00) 2 3 15‚000‚000 8‚000‚000 3 15‚000‚000.00 5‚000‚000.00 8 Months 0.751 11‚265‚000.00 (930‚000.00) 3 Years 4 20‚000‚000 6‚000‚000 4 20‚000‚000.00 0.683 13‚660‚000.00
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(faith and believe)‚ Akhlak (ethics and morality) and Muamalat (transactions). The latest one‚ Islamic law of transactions (fiqh muamalat) has become inevitable in contemporary Islamic finance. The main rationale could be found in the fact that to some level‚ companies engaging in the business of Islamic finance act upon on the foundation of profit maximization. This must be practiced by embracing the Shariah doctrine‚ one of which is the disallowance of interest or usury as riba. By doing so
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EXPORT FINANCE FEDERATION OF INDIAN EXPORT ORGANISATIONS SOUTHERN REGION‚ CHENNAI EXPORT FINANCE “Export or perish” Our imports are more than exports. Hence there is a necessity to encourage exports. Govt. and RBI extend various concessions to boost exports. EXPORT FINANCE Some of the concessions include: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Cheap credit to exporters. Minimum of 12% of net credit should go to exports. Refinance to Banks on eligible portion of export credit outstanding
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