Question
Finance is a study of trade off between the present and the future value of money. Corporate can raise capital by using various options. There
Finance is a study of trade off between the present and the future value of money. Corporate can raise capital by using various options. There are various financial instruments available in the market. Broadly, most of the companies in the industry raise financial instruments like bonds, Commercial papers and other instruments on the basis of their requirement as it is industry/company specific.
You are required to: A. Identify the types of financial instruments issued by L&T as well as for two peers in the same industry. The peer company can be any company's data available in the public domain. Provide a brief note on the characteristics of these financial instruments.
B. Identify the interest paid on these instruments and the term for which the instrument is issued.
C. From the past records (you can check the last 3 years), recognize if any financial instruments have been repaid and new instruments have been raised like bonds and the effect in the capital structure.
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