Financial grants are the forms of a financial aid that do not really require the one who loans to pay the amount he or she received from a given individual or institution. In addition, these kinds of financial aid have its most examples when the government pays up the cost of college fees by a specific scholar.
Explanation:
It all depends on the market conventions and the bond documentation.
1 In most countries, traditionally fixed coupon bonds don’t have their coupons day counted. So if the frequency is twice a year, and the annual coupon rate is 5.5%, then each semi-annual coupon is exactly 5.5/2=2.75%. However a lot of other instruments, e.g. fixed swap legs, loans, and bonds that are really “loan participation notes”, etc. usually have their fixed coupons day counted. So each coupon amount will vary a little depending on the number of days in the accrual period, weekends and holidays.
Answer:
Option (B) is correct.
Explanation:
Open market operations is a monetary policy instrument that is used by the Federal reserve for controlling the money supply in an economy. If there is a need to decrease the money supply in an economy then fed sells the government securities to the public and on the other hand if there is a need to increase the money supply in an economy then fed purchases the government securities from the public.
So, here the expansionary policy is to purchases the treasury bills from the public.
Answer:
The statement is true
Explanation:
Controlling managerial function is the one which is described as the function of the management, that helps in seeking the planned results or outcome from the managers and subordinates and at all the levels of the business or company.
This functions helps in evaluating the progress towards the goals or objectives of the company and bring out any deviations and also indicate the corrective measures or actions.
So, the statement is true because controlling is monitoring as well.
