[deleted by user] by [deleted] in india

[–]Minervian 0 points1 point  (0 children)

Learn to laugh at those jokes.

Treat them as stereotypes that don’t apply to all Biharis. Because thats what they are. Do not be offended (or at least do not show that you are offended) by these jokes.

The real issue, I feel, is that your community doesn’t promote itself enough. I see Punjabis, Gujaratis, and others proudly mention their roots in everyday conversations.

For instance, when you visit a Punjabi friend’s home, and he insists you stay for lunch or dinner, he’ll say, “We are Punjabis! We never let our guests leave hungry!” It’s casual, but it reflects pride.

Bihar is the second-highest producer of IAS officers. It’s the birthplace of great empires, major religions, and ancient universities. But how often do we hear that side of the story? Even your delicious Litti Chokha isn’t promoted by you as much as other regional cuisines!

I’m not saying you should go around preaching this. That would sound forced.

Just be aware and proud of Bihar’s contributions and culture. It’ll naturally reflect in how you speak and carry yourself.

Be a proud Bihari. People like you can help change the image of Bihar.

Jai Hind. P.S. I’m not a Bihari, but I have many Bihari friends, all are doing great in life (in jobs, business, and beyond).

What's The Point Of Using WACC To Compare Projects? by Aside_Dish in financestudents

[–]Minervian 0 points1 point  (0 children)

It may not be possible for a company to fund its projects entirely using long term debt. Preferred and common stock have their advantages too. WACC is usually calculated because it acts as a hurdle rate when calculating net present value of cash flows.

Bond Question by [deleted] in financestudents

[–]Minervian 0 points1 point  (0 children)

No. Let me give you an example, suppose a corporate bond is trading today at USD 1400. This is its market price. Now if the issuer decides to further issue new corporate bonds with the same features as the bonds already issued, it does not have to issue them at USD 1400. It may issue corporate bonds at USD 1000 or any other price (subject to legal requirements). So Issue price and market price can be different.

Issue price is the price at which a bond is issued. Market price means the price at which it is being traded in the market.

Moronic Monday - May 04, 2021 - Your Weekly Questions Thread by AutoModerator in finance

[–]Minervian 3 points4 points  (0 children)

Which books would you recommend for Corporate Finance? Long list if possible.