Financial Management Objective Set 1

Q1: Basis Point in the context of interest rates is equal to  AnswerAnswer: one hundredth of one percent Q2: Call option means  AnswerAnswer: right to buy without obligation Q3: Commercial Papers are  AnswerAnswer: unsecured promissory notes Q4: REPO transactions means  AnswerAnswer: Purchase as well as sale simultaneously Q5: Tax Haven means  AnswerAnswer: a country where…

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