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Q1. Briefly explain the following (2*5=10 Marks) a. Contrast the objective of maximizing earnings with that of maximizing wealth. b. Distinction between annuity and perpetuity

Q1. Briefly explain the following (2*5=10 Marks)

a. Contrast the objective of maximizing earnings with that of maximizing wealth.

b. Distinction between annuity and perpetuity with help of example? (List Down the names)

c. Define bond and its different types.

d. Which documents are required to avail the legal status of a cooperation?

e. What are the major sources of external financing for business firms.

Answer in 3-4 lines

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