Describe the duty of bondholders in a bond
Describe the duty of bondholders in a bond?
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1. Bondholder is only a lender not an owner.
2. Because of certain factors usually Bonds are less risky.
a. Before stockholder dividends are intended bondholders can take interest payments.
b. Dividends depend on profits whereby interest is definite as long as company is vigorous.
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Give a brief introduction of the term Timing Principle?
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What is the most important source of revenue and the major type of expenditure at the state level?
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Distinguish between Individual as well a market demand?
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