4. Pigouvian tax: It is just a tax which is levied on any marketplace action that generates adverse externalities. This tax is billed in an effort to proper the inefficient current market results prompted due to the presence of a detrimental externality

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Money flows generated via the SPV needs to be sufficient to deal with payments for functioning charges and to services the financial debt regarding capital repayment and interest.

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1 corporation has issued two bond courses. 1 challenge is really a property finance loan bond and another is usually a debenture. Which problem will likely have a greater bond ranking and which challenge will offer you a better yield? Why?