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FINS1613 Study Notes

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FINAL EXAM STUDY NOTES - FINS1613 - BUSINESS FINANCE - NOTES TAKEN BY WEEK WITH TEXTBOOK CHAPTER REFERENCES.

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32 Pages Complete Study Notes < 1 Year old
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5 Ex Credits


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Topics this document covers:
Finance Money Economy Mathematical finance Investment Financial markets Corporate finance Capital budgeting Net present value Yield Perpetuity Bond
This is a Complete Set of Study Notes

Complete Study Notes typically cover at least half a semester’s content or several topics in greater depth. They are typically greater than 20 pages in length and go into more detail when covering topics.

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Topics this document covers:
Finance Money Economy Mathematical finance Investment Financial markets Corporate finance Capital budgeting Net present value Yield Perpetuity Bond
Sample Text:
• Most common type of firm. • Advantage of being straightforward to set up. • No separation between the firm and the owner. • Owner has unlimited personal liability for any of the firms debt. • Life of sole trader is limited to life of owner. Partnerships • Business owned by more than one owner. • All partners liable for firm’s debt. • Partnership ends in event of death or withdrawal of single partner. • Can avoid liquidation if partnership agreement provides alternatives such as buyout of decease/withdrawn partner • Limited partnership: two kinds of owners – general and limited partners. • Limited partners have limited liability – investor liability is limited to his/her investment. • Limited partner has no management authority. Corporations • Artificial being s...
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