Mutual and stockholder-owned savings
Compare and contrast mutual and stockholder-owned savings and loan associations.
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Would there be positive interest rates on bonds in a world with absolutely no risk (no default risk, maturity risk, and so on)? Why would a lender demand, and a borrower be willing to pay, a positive interest rate in such a no risk world?
If the discount rate for this project is 10 percent, what is the project NPV? What is the project IRR?
What can a financial institution often do for a surplus economic unit that it would have difficulty doing for itself if the surplus economic unit (SEU) were to deal directly with a deficit economic unit (DEU)?
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Which of the following is not a primary reason why corporations invest in debt and equity securities? They wish to gain control of a competitor.
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