AIEEE Questions

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The persons whose primary investing objective is to preserve capital while generating a tax-free income stream, then municipal bonds are worth considering.

Municipal bonds (munis) are debt obligations issued by government entities. When you buy a municipal bond, you are loaning money to the issuer in exchange for a set number of interest payments over a predetermined period. At the end of that period, the bond reaches its maturity date, and the full amount of your original investment is returned to you.

Types of Municipal Bonds :

Municipal bonds come in the following two varieties:

1. General obligation bonds (GO)
2. Revenue bonds

General obligation bonds, issued to raise immediate capital to cover expenses, are supported by the taxing power of the issuer.

Revenue bonds, which are issued to fund infrastructure projects, are supported by the income generated by those projects.

Both types of bonds are tax exempt and particularly attractive to risk-averse investors due to the high likelihood that the issuers will repay their debts.

Yesterday, is what we will never see again as the time we come across will never be back.

Feudalism was the dominant social system in medieval Europe, in which the nobility held lands from the Crown in exchange for military service, and vassals were in turn tenants of the nobles, while the peasants were obliged to live on their lord's land and give him homage, labour, and a share of the produce, notionally in exchange for military protection.

Feudalism was a combination of legal and military customs in medieval Europe that flourished between the 9th and 14th centuries.Feudalism was based on the division of land by the king to nobles and vassals in return for their military service under the Feudal Levy.

The land was the main source of the economy and was dependent on the peasants who worked on the land.

The reasons for the decline of Feudalism during the Medieval period of the Middle Ages included:

• The Crusades and travel during the Middle Ages opened new trade options to England
  England started to move from land-based economy to a money-based economy.

• The Black Death - this reduced the population of England by one third. Labour became a valuable commodity.

• The Peasants Revolt - Peasants realized their worth and demanded changes. Charters were granted but ignored by nobles.

• More trade saw the growth of more towns.

• Peasants moved away from the country into towns they were eventually allowed to buy their freedom.

• The land was rented and the rights of lords over labor decreased.
  
  


• Armed men were paid a wage and Medieval warfare was financed by taxes and loans
  Nobles became weaker - the Kings took back their lands and power.

• A centralized government was established.

Working capital, also known as net working capital, is the difference between a company’s current assets, like cash, accounts receivable and inventories of raw materials and finished goods, and its current liabilities, like accounts payable.

Working Capital = Current Assets - Current Liabilities

An occluded front is a type of weather front formed in the process of cyclogenesis when a cold front is overtaken a warm front. When this happens, the warm air is separated from the cyclone center at the Earth's surface.

An occluded front likely bring much precipitation kind of weather.