Elements of Bond Investment
Elements of Bond Investment
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In our eReader you can find the full English version of the book. Read Elements of Bond Investment Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Elements of Bond Investment
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Moreover, modern times have been propitious for public borrowing, since capital funds have accumulated rapidly and have sought investment. From the first, government bonds 64 ELEMENTS OF BOND INVESTMENT became the most favored security in the whole invest- ment field.
Investment Factors It has already been pointed out that in lending to governments the same investment principles govern as in granting loans to business concerns. Not only should the credit standing of the debtor nations be consid...ered, but their resources, the character and size of their popu- lations, and the stability and character of their govern- ments should also be taken into account. Investigation should be made of their outstanding indebtedness, in the same way as a bank makes inquiry into the out- standing indebtedness of a corporation before granting it credit. Thus, in studying the value of government bonds, the size and character of the debt in relation to the country's natural resources and population should be taken into consideration.
What to read after Elements of Bond Investment?
You can find similar books in the "Read Also" column, or choose other free books by Aaron M Aaron Morton Sakolski to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Moreover, modern times have been propitious for public borrowing, since capital funds have accumulated rapidly and have sought investment. From the first, government bonds 64 ELEMENTS OF BOND INVESTMENT became the most favored security in the whole invest- ment field.
Investment Factors It has already been pointed out that in lending to governments the same investment principles govern as in granting loans to business concerns. Not only should the credit standing of the debtor nations be consid...ered, but their resources, the character and size of their popu- lations, and the stability and character of their govern- ments should also be taken into account. Investigation should be made of their outstanding indebtedness, in the same way as a bank makes inquiry into the out- standing indebtedness of a corporation before granting it credit. Thus, in studying the value of government bonds, the size and character of the debt in relation to the country's natural resources and population should be taken into consideration.
What to read after Elements of Bond Investment?
You can find similar books in the "Read Also" column, or choose other free books by Aaron M Aaron Morton Sakolski to read onlineMoreLess
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