SOURCES OF LONG TERM FINANCE
Monday, January 11th, 2010Need for long term Finance
Long term vs. short term(working capital) funds requirements
For modernization, expansion, diversification; huge quantities reqd., irreversible decision
Asset-liability mismatch, interest rate risk, liquidity risk, if LT reqts.met by ST funds
Equity Capital
Authorized, Issued, Subscribed and Paid up capital
Par/face value, Issue Price, Book value and Market Value
Rights of equity shareholders
Right to Income : PAT less [...]
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