Tag: banks

Cost of Capital, Debt:Equity Balancing, and Max Allowed Debt

On By bsaikrishnaIn Finance

Let's say you're in need of $1000 for some requirement, and you need to take a loan for the same. You approach various banks and you boil down to two banks: Bank A is ready to give you a maximum loan of $300 at 3% interest and Bank B is ready to give you a …

Continue reading Cost of Capital, Debt:Equity Balancing, and Max Allowed Debt

Advertisement

How and Why did paper money start?

On By bsaikrishnaIn Finance, History4 Comments

People had some mutual requirements and started to exchange commodities. Two people exchange some quantities of wheat and rice as they wish to eat both. If they decide that the demand for rice is double that of wheat, they will come to an agreement that for every two Kgs of wheat, one Kg of rice …

Continue reading How and Why did paper money start?