SlideShare a Scribd company logo

Ch 03

•Download as PPT, PDF•
•
K
kpserver
Economy & FinanceBusiness
1 of 45
Chapter - 3 Valuation of Bonds and Shares
Chapter Objectives ,[object Object],[object Object],[object Object],[object Object]
Introduction ,[object Object],[object Object]
Concept of Value ,[object Object],[object Object],[object Object],[object Object],[object Object]
Features of a Bond ,[object Object],[object Object],[object Object],[object Object],[object Object]
Bonds Values and Yields ,[object Object],[object Object],[object Object]
Bond with Maturity ,[object Object]
Yield to Maturity ,[object Object],[object Object]
Current Yield ,[object Object],[object Object],[object Object]
Yield to Call ,[object Object],[object Object]
Bond Value and Amortisation of Principal ,[object Object],[object Object],[object Object]
Pure Discount Bonds ,[object Object]
Pure Discount Bonds ,[object Object]
Pure Discount Bonds ,[object Object],[object Object],[object Object]
Perpetual Bonds ,[object Object]
Perpetual Bonds ,[object Object],[object Object]
Bond Values and Changes in Interest Rates ,[object Object],[object Object]
Bond Maturity and Interest Rate Risk ,[object Object],[object Object]
Bond Maturity and Interest Rate Risk
Bond Duration and Interest Rate Sensitivity ,[object Object],[object Object]
Duration of Bonds ,[object Object]
Volatility ,[object Object],[object Object]
The Term Structure of Interest Rates ,[object Object],[object Object]
The Term Structure of Interest Rates ,[object Object],[object Object]
The Expectation Theory ,[object Object],[object Object],[object Object]
The Expectation Theory ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Liquidity Premium Theory ,[object Object],[object Object],[object Object],[object Object]
The Liquidity Premium Theory ,[object Object],[object Object]
The Segmented Markets Theory ,[object Object],[object Object],[object Object]
The Segmented Markets Theory ,[object Object]
Default Risk and Credit Rating ,[object Object],[object Object]
Crisil’s Debenture Ratings
Valuation of Shares ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Valuation of Preference Shares ,[object Object],[object Object]
Value of a Preference Share-Example
Valuation of Ordinary Shares ,[object Object],[object Object],[object Object]
Dividend Capitalisation ,[object Object],[object Object],[object Object],[object Object]
Multi-period Valuation ,[object Object],[object Object],[object Object],[object Object]
Earnings Capitalisation ,[object Object],[object Object],[object Object]
Equity Capitalisation Rate ,[object Object]
Caution in Using Constant-Growth Formula ,[object Object],[object Object],[object Object]
Valuing Growth Opportunities ,[object Object]
Price-Earnings (P/E) Ratio: How Significant? ,[object Object],[object Object],[object Object]
Price-Earnings (P/E) Ratio: How Significant? ,[object Object],[object Object]
Price-Earnings (P/E) Ratio: How Significant? ,[object Object],[object Object],[object Object],[object Object]

Recommended

6. bond valuation
6. bond valuation6. bond valuation
6. bond valuationAfiqEfendy Zaen
 
Debt securitisation
Debt securitisationDebt securitisation
Debt securitisationBibin Pv
 
Bond valuation presentation unit 4
Bond valuation presentation unit 4Bond valuation presentation unit 4
Bond valuation presentation unit 4Aikins Osei
 
valuation of bonds and share
valuation of bonds and sharevaluation of bonds and share
valuation of bonds and sharePANKAJ PANDEY
 
Bond valuation
Bond valuationBond valuation
Bond valuationshekhar sharma
 
Debt Financing
Debt FinancingDebt Financing
Debt FinancingKunwar Atul Singh
 
Portfolio selection final
Portfolio selection finalPortfolio selection final
Portfolio selection finalsumit payal
 
Secondary market ppt
Secondary market pptSecondary market ppt
Secondary market pptDharmik
 

Recommended

6. bond valuation
6. bond valuation6. bond valuation
6. bond valuationAfiqEfendy Zaen
 
Debt securitisation
Debt securitisationDebt securitisation
Debt securitisationBibin Pv
 
Bond valuation presentation unit 4
Bond valuation presentation unit 4Bond valuation presentation unit 4
Bond valuation presentation unit 4Aikins Osei
 
valuation of bonds and share
valuation of bonds and sharevaluation of bonds and share
valuation of bonds and sharePANKAJ PANDEY
 
Bond valuation
Bond valuationBond valuation
Bond valuationshekhar sharma
 
Debt Financing
Debt FinancingDebt Financing
Debt FinancingKunwar Atul Singh
 
Portfolio selection final
Portfolio selection finalPortfolio selection final
Portfolio selection finalsumit payal
 
Secondary market ppt
Secondary market pptSecondary market ppt
Secondary market pptDharmik
 
Management of interest rate risk
Management of interest rate riskManagement of interest rate risk
Management of interest rate riskSonam Basia
 
Capital market ppt
Capital market pptCapital market ppt
Capital market pptNaveen Prasad
 
Stock Valuation
Stock ValuationStock Valuation
Stock ValuationBimarsh Giri
 
Risk and Return Analysis
Risk and Return AnalysisRisk and Return Analysis
Risk and Return AnalysisRamziya Begam
 
valuation of securities
valuation of securitiesvaluation of securities
valuation of securitiesSweetp999
 
Financial derivatives ppt
Financial derivatives pptFinancial derivatives ppt
Financial derivatives pptLogasakthi Kandasamy
 
Value at risk
Value at riskValue at risk
Value at riskMohit Rathi
 
Asset liability management
Asset liability managementAsset liability management
Asset liability managementTeena George
 
Bond valuation
Bond valuationBond valuation
Bond valuationBabasab Patil
 
9. cost of capital
9. cost of capital9. cost of capital
9. cost of capitalAfiqEfendy Zaen
 
Modigiliani miller
Modigiliani miller Modigiliani miller
Modigiliani miller N A M COLLEGE KALLIKKANDY
 
Mergers acquisitions and takeovers
Mergers acquisitions and takeoversMergers acquisitions and takeovers
Mergers acquisitions and takeoversSajna Fathima
 
Traditional theory of capital structure
Traditional theory of capital structureTraditional theory of capital structure
Traditional theory of capital structuredeeksha qanoungo
 
Measurement of Risk and Calculation of Portfolio Risk
Measurement of Risk and Calculation of Portfolio RiskMeasurement of Risk and Calculation of Portfolio Risk
Measurement of Risk and Calculation of Portfolio RiskDhrumil Shah
 
Bond and share valuation
Bond and share valuationBond and share valuation
Bond and share valuationRichard Wamalwa
 
Capital Asset Pricing Model
Capital Asset Pricing ModelCapital Asset Pricing Model
Capital Asset Pricing ModelChintan Vadgama
 
Portfolio evaluation
Portfolio evaluationPortfolio evaluation
Portfolio evaluationAshwini Das
 
Cost of capital
Cost of capitalCost of capital
Cost of capitalN A M COLLEGE KALLIKKANDY
 
Capital market-instrument
Capital market-instrumentCapital market-instrument
Capital market-instrumentMonzur Morshed Patwary
 
Secondary Market
Secondary MarketSecondary Market
Secondary MarketKanish George
 
Fm ch-2 concepts of value and return
Fm ch-2 concepts of value and returnFm ch-2 concepts of value and return
Fm ch-2 concepts of value and returnSumit Malhotra
 
Fm ch-1 nature of financial management
Fm ch-1 nature of financial managementFm ch-1 nature of financial management
Fm ch-1 nature of financial managementSumit Malhotra
 

More Related Content

What's hot

Management of interest rate risk
Management of interest rate riskManagement of interest rate risk
Management of interest rate riskSonam Basia
 
Capital market ppt
Capital market pptCapital market ppt
Capital market pptNaveen Prasad
 
Stock Valuation
Stock ValuationStock Valuation
Stock ValuationBimarsh Giri
 
Risk and Return Analysis
Risk and Return AnalysisRisk and Return Analysis
Risk and Return AnalysisRamziya Begam
 
valuation of securities
valuation of securitiesvaluation of securities
valuation of securitiesSweetp999
 
Value at risk
Value at riskValue at risk
Value at riskMohit Rathi
 
Asset liability management
Asset liability managementAsset liability management
Asset liability managementTeena George
 
Bond valuation
Bond valuationBond valuation
Bond valuationBabasab Patil
 
9. cost of capital
9. cost of capital9. cost of capital
9. cost of capitalAfiqEfendy Zaen
 
Mergers acquisitions and takeovers
Mergers acquisitions and takeoversMergers acquisitions and takeovers
Mergers acquisitions and takeoversSajna Fathima
 
Traditional theory of capital structure
Traditional theory of capital structureTraditional theory of capital structure
Traditional theory of capital structuredeeksha qanoungo
 
Measurement of Risk and Calculation of Portfolio Risk
Measurement of Risk and Calculation of Portfolio RiskMeasurement of Risk and Calculation of Portfolio Risk
Measurement of Risk and Calculation of Portfolio RiskDhrumil Shah
 
Bond and share valuation
Bond and share valuationBond and share valuation
Bond and share valuationRichard Wamalwa
 
Capital Asset Pricing Model
Capital Asset Pricing ModelCapital Asset Pricing Model
Capital Asset Pricing ModelChintan Vadgama
 
Portfolio evaluation
Portfolio evaluationPortfolio evaluation
Portfolio evaluationAshwini Das
 
Secondary Market
Secondary MarketSecondary Market
Secondary MarketKanish George
 

What's hot (20)

Management of interest rate risk
Management of interest rate riskManagement of interest rate risk
Management of interest rate risk
 
Capital market ppt
Capital market pptCapital market ppt
Capital market ppt
 
Stock Valuation
Stock ValuationStock Valuation
Stock Valuation
 
Risk and Return Analysis
Risk and Return AnalysisRisk and Return Analysis
Risk and Return Analysis
 
valuation of securities
valuation of securitiesvaluation of securities
valuation of securities
 
Financial derivatives ppt
Financial derivatives pptFinancial derivatives ppt
Financial derivatives ppt
 
Value at risk
Value at riskValue at risk
Value at risk
 
Asset liability management
Asset liability managementAsset liability management
Asset liability management
 
Bond valuation
Bond valuationBond valuation
Bond valuation
 
9. cost of capital
9. cost of capital9. cost of capital
9. cost of capital
 
Modigiliani miller
Modigiliani miller Modigiliani miller
Modigiliani miller
 
Mergers acquisitions and takeovers
Mergers acquisitions and takeoversMergers acquisitions and takeovers
Mergers acquisitions and takeovers
 
Traditional theory of capital structure
Traditional theory of capital structureTraditional theory of capital structure
Traditional theory of capital structure
 
Measurement of Risk and Calculation of Portfolio Risk
Measurement of Risk and Calculation of Portfolio RiskMeasurement of Risk and Calculation of Portfolio Risk
Measurement of Risk and Calculation of Portfolio Risk
 
Bond and share valuation
Bond and share valuationBond and share valuation
Bond and share valuation
 
Capital Asset Pricing Model
Capital Asset Pricing ModelCapital Asset Pricing Model
Capital Asset Pricing Model
 
Portfolio evaluation
Portfolio evaluationPortfolio evaluation
Portfolio evaluation
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
 
Capital market-instrument
Capital market-instrumentCapital market-instrument
Capital market-instrument
 
Secondary Market
Secondary MarketSecondary Market
Secondary Market
 

Viewers also liked

Fm ch-2 concepts of value and return
Fm ch-2 concepts of value and returnFm ch-2 concepts of value and return
Fm ch-2 concepts of value and returnSumit Malhotra
 
Fm ch-1 nature of financial management
Fm ch-1 nature of financial managementFm ch-1 nature of financial management
Fm ch-1 nature of financial managementSumit Malhotra
 
Interim Results for the period ended 30 June 2016
Interim Results for the period ended 30 June 2016Interim Results for the period ended 30 June 2016
Interim Results for the period ended 30 June 2016MTN
 
Share valuation
Share valuationShare valuation
Share valuationSakiba Ornica
 
Financial management
Financial managementFinancial management
Financial managementBunty Rathore
 
Chapter 1: Overview of Financial Management
Chapter 1: Overview of Financial ManagementChapter 1: Overview of Financial Management
Chapter 1: Overview of Financial ManagementMikee Bylss
 
Valuation of Bonds and Shares
Valuation of Bonds and SharesValuation of Bonds and Shares
Valuation of Bonds and SharesBiswajit Ghosh
 
CAPITAL BUDGETING
CAPITAL BUDGETINGCAPITAL BUDGETING
CAPITAL BUDGETINGVithu Shaji
 
Problems and solutions in financial management step by step approach
Problems and solutions in financial management step by step approachProblems and solutions in financial management step by step approach
Problems and solutions in financial management step by step approachrajnikantrajhans
 
Ration analysis im pandey
Ration analysis im pandeyRation analysis im pandey
Ration analysis im pandeyDr. Abzal Basha
 
An overview of financial management
An overview of financial managementAn overview of financial management
An overview of financial managementNozar Poursheikhian
 
Shares and its types
Shares and its typesShares and its types
Shares and its typesVishnu NK
 
Dividend policy ppt
Dividend policy pptDividend policy ppt
Dividend policy pptAayush Kumar
 
Chapter 1 overview of financial management
Chapter 1 overview of financial managementChapter 1 overview of financial management
Chapter 1 overview of financial managementSudipta Saha
 

Viewers also liked (18)

Fm ch-2 concepts of value and return
Fm ch-2 concepts of value and returnFm ch-2 concepts of value and return
Fm ch-2 concepts of value and return
 
Fm ch-1 nature of financial management
Fm ch-1 nature of financial managementFm ch-1 nature of financial management
Fm ch-1 nature of financial management
 
Types of shares
Types of sharesTypes of shares
Types of shares
 
Interim Results for the period ended 30 June 2016
Interim Results for the period ended 30 June 2016Interim Results for the period ended 30 June 2016
Interim Results for the period ended 30 June 2016
 
Share valuation
Share valuationShare valuation
Share valuation
 
Valuation of shares
Valuation of sharesValuation of shares
Valuation of shares
 
Financial management
Financial managementFinancial management
Financial management
 
Chapter 1: Overview of Financial Management
Chapter 1: Overview of Financial ManagementChapter 1: Overview of Financial Management
Chapter 1: Overview of Financial Management
 
Valuation of Bonds and Shares
Valuation of Bonds and SharesValuation of Bonds and Shares
Valuation of Bonds and Shares
 
CAPITAL BUDGETING
CAPITAL BUDGETINGCAPITAL BUDGETING
CAPITAL BUDGETING
 
Ppt
PptPpt
Ppt
 
Problems and solutions in financial management step by step approach
Problems and solutions in financial management step by step approachProblems and solutions in financial management step by step approach
Problems and solutions in financial management step by step approach
 
Ration analysis im pandey
Ration analysis im pandeyRation analysis im pandey
Ration analysis im pandey
 
An overview of financial management
An overview of financial managementAn overview of financial management
An overview of financial management
 
Valuation Of Securities
Valuation Of SecuritiesValuation Of Securities
Valuation Of Securities
 
Shares and its types
Shares and its typesShares and its types
Shares and its types
 
Dividend policy ppt
Dividend policy pptDividend policy ppt
Dividend policy ppt
 
Chapter 1 overview of financial management
Chapter 1 overview of financial managementChapter 1 overview of financial management
Chapter 1 overview of financial management
 

Similar to Ch 03

Valuation of bonds
Valuation of bondsValuation of bonds
Valuation of bondsvinvns
 
Chapter iv
Chapter ivChapter iv
Chapter ivartipradhan
 
Chapter 03_What Do Interest Rates Mean and What Is Their Role in Valuation?
Chapter 03_What Do Interest Rates Mean and What Is Their Role in Valuation?Chapter 03_What Do Interest Rates Mean and What Is Their Role in Valuation?
Chapter 03_What Do Interest Rates Mean and What Is Their Role in Valuation?Rusman Mukhlis
 
Financial management chapter-3
Financial management chapter-3Financial management chapter-3
Financial management chapter-3Rakesh Singh
 
Valuation Of Bods And Shares
Valuation Of Bods And SharesValuation Of Bods And Shares
Valuation Of Bods And SharesAshish Khera
 
Ch_03 - Valuation of Bonds and Sahres.ppt
Ch_03 - Valuation of Bonds and Sahres.pptCh_03 - Valuation of Bonds and Sahres.ppt
Ch_03 - Valuation of Bonds and Sahres.pptkemboies
 
Bonds and their valuation
Bonds and their valuationBonds and their valuation
Bonds and their valuationShamal Firake
 
Bond management strategies
Bond management strategiesBond management strategies
Bond management strategiesAmanpreet Singh
 
Presentation on Bond market.pptx
Presentation on Bond market.pptxPresentation on Bond market.pptx
Presentation on Bond market.pptxSewaleAbate1
 
Bond market done (1)
Bond market done (1)Bond market done (1)
Bond market done (1)Vishal Gupta
 
Ch06
Ch06Ch06
Ch06LUXSVB
 
Bba 2204 fin mgt week 6 bonds
Bba 2204 fin mgt week 6 bondsBba 2204 fin mgt week 6 bonds
Bba 2204 fin mgt week 6 bondsStephen Ong
 
Security valuation bonds updated
Security valuation bonds updatedSecurity valuation bonds updated
Security valuation bonds updatedSudarshan Kadariya
 
Security Analysis & Portfolio Management
Security Analysis & Portfolio ManagementSecurity Analysis & Portfolio Management
Security Analysis & Portfolio ManagementAkram Hossain
 
Bond Valuation
Bond ValuationBond Valuation
Bond ValuationAkram Hossain
 

Similar to Ch 03 (20)

Valuation of bonds
Valuation of bondsValuation of bonds
Valuation of bonds
 
Chapter iv
Chapter ivChapter iv
Chapter iv
 
Chapter 03_What Do Interest Rates Mean and What Is Their Role in Valuation?
Chapter 03_What Do Interest Rates Mean and What Is Their Role in Valuation?Chapter 03_What Do Interest Rates Mean and What Is Their Role in Valuation?
Chapter 03_What Do Interest Rates Mean and What Is Their Role in Valuation?
 
Financial management chapter-3
Financial management chapter-3Financial management chapter-3
Financial management chapter-3
 
Valuation Of Bods And Shares
Valuation Of Bods And SharesValuation Of Bods And Shares
Valuation Of Bods And Shares
 
Ch_03 - Valuation of Bonds and Sahres.ppt
Ch_03 - Valuation of Bonds and Sahres.pptCh_03 - Valuation of Bonds and Sahres.ppt
Ch_03 - Valuation of Bonds and Sahres.ppt
 
Bonds and their valuation
Bonds and their valuationBonds and their valuation
Bonds and their valuation
 
Bon
BonBon
Bon
 
Bond management strategies
Bond management strategiesBond management strategies
Bond management strategies
 
BONDS
BONDSBONDS
BONDS
 
Presentation on Bond market.pptx
Presentation on Bond market.pptxPresentation on Bond market.pptx
Presentation on Bond market.pptx
 
Bond market done (1)
Bond market done (1)Bond market done (1)
Bond market done (1)
 
Ch06
Ch06Ch06
Ch06
 
Valuation bond
Valuation bondValuation bond
Valuation bond
 
Bonds 1
Bonds 1Bonds 1
Bonds 1
 
Bba 2204 fin mgt week 6 bonds
Bba 2204 fin mgt week 6 bondsBba 2204 fin mgt week 6 bonds
Bba 2204 fin mgt week 6 bonds
 
Security valuation bonds updated
Security valuation bonds updatedSecurity valuation bonds updated
Security valuation bonds updated
 
Security Analysis & Portfolio Management
Security Analysis & Portfolio ManagementSecurity Analysis & Portfolio Management
Security Analysis & Portfolio Management
 
Bond Valuation
Bond ValuationBond Valuation
Bond Valuation
 
17. Corporate Bonds.pptx
17. Corporate Bonds.pptx17. Corporate Bonds.pptx
17. Corporate Bonds.pptx
 

More from kpserver

Ch 15
Ch 15Ch 15
Ch 15kpserver
 
Ch 14
Ch 14Ch 14
Ch 14kpserver
 
Ch 13
Ch 13Ch 13
Ch 13kpserver
 
Ch 12
Ch 12Ch 12
Ch 12kpserver
 
Ch 11
Ch 11Ch 11
Ch 11kpserver
 
Ch 08
Ch 08Ch 08
Ch 08kpserver
 
Ch 10
Ch 10Ch 10
Ch 10kpserver
 
Ch 09
Ch 09Ch 09
Ch 09kpserver
 
Ch 07
Ch 07Ch 07
Ch 07kpserver
 
Ch 06
Ch 06Ch 06
Ch 06kpserver
 
Ch 05
Ch 05Ch 05
Ch 05kpserver
 
Ch 04
Ch 04Ch 04
Ch 04kpserver
 
Ch 02
Ch 02Ch 02
Ch 02kpserver
 
Ch 01
Ch 01Ch 01
Ch 01kpserver
 
0273685988 Ch16
0273685988 Ch160273685988 Ch16
0273685988 Ch16kpserver
 

More from kpserver (15)

Ch 15
Ch 15Ch 15
Ch 15
 
Ch 14
Ch 14Ch 14
Ch 14
 
Ch 13
Ch 13Ch 13
Ch 13
 
Ch 12
Ch 12Ch 12
Ch 12
 
Ch 11
Ch 11Ch 11
Ch 11
 
Ch 08
Ch 08Ch 08
Ch 08
 
Ch 10
Ch 10Ch 10
Ch 10
 
Ch 09
Ch 09Ch 09
Ch 09
 
Ch 07
Ch 07Ch 07
Ch 07
 
Ch 06
Ch 06Ch 06
Ch 06
 
Ch 05
Ch 05Ch 05
Ch 05
 
Ch 04
Ch 04Ch 04
Ch 04
 
Ch 02
Ch 02Ch 02
Ch 02
 
Ch 01
Ch 01Ch 01
Ch 01
 
0273685988 Ch16
0273685988 Ch160273685988 Ch16
0273685988 Ch16
 

Recently uploaded

OAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptx
OAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptxOAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptx
OAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptxhiddenlevers
 
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
Andheri Call Girls In 9825968104 Mumbai Hot Models
Andheri Call Girls In 9825968104 Mumbai Hot ModelsAndheri Call Girls In 9825968104 Mumbai Hot Models
Andheri Call Girls In 9825968104 Mumbai Hot Modelshematsharma006
 
Instant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School SpiritInstant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School Spiritegoetzinger
 
(DIYA) Bhumkar Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(DIYA) Bhumkar Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...(DIYA) Bhumkar Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(DIYA) Bhumkar Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...ranjana rawat
 
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...Pooja Nehwal
 
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service AizawlVip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawlmakika9823
 
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur EscortsHigh Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escortsranjana rawat
 
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free DeliveryMalad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free DeliveryPooja Nehwal
 
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...shivangimorya083
 
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptxFinTech Belgium
 
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance CompanyInterimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance CompanyTyöeläkeyhtiö Elo
 
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...Henry Tapper
 
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130Suhani Kapoor
 
00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptxFinTech Belgium
 
VIP Call Girls Thane Sia 8617697112 Independent Escort Service Thane
VIP Call Girls Thane Sia 8617697112 Independent Escort Service ThaneVIP Call Girls Thane Sia 8617697112 Independent Escort Service Thane
VIP Call Girls Thane Sia 8617697112 Independent Escort Service ThaneCall girls in Ahmedabad High profile
 
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...Call Girls in Nagpur High Profile
 
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...Suhani Kapoor
 
20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdf20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdfAdnet Communications
 

Recently uploaded (20)

OAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptx
OAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptxOAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptx
OAT_RI_Ep19 WeighingTheRisks_Apr24_TheYellowMetal.pptx
 
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
 
Andheri Call Girls In 9825968104 Mumbai Hot Models
Andheri Call Girls In 9825968104 Mumbai Hot ModelsAndheri Call Girls In 9825968104 Mumbai Hot Models
Andheri Call Girls In 9825968104 Mumbai Hot Models
 
Instant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School SpiritInstant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School Spirit
 
Veritas Interim Report 1 January–31 March 2024
Veritas Interim Report 1 January–31 March 2024Veritas Interim Report 1 January–31 March 2024
Veritas Interim Report 1 January–31 March 2024
 
(DIYA) Bhumkar Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(DIYA) Bhumkar Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...(DIYA) Bhumkar Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(DIYA) Bhumkar Chowk Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
 
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...
 
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service AizawlVip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
 
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur EscortsHigh Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
 
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free DeliveryMalad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
 
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
 
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
 
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance CompanyInterimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
 
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
 
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
 
00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx
 
VIP Call Girls Thane Sia 8617697112 Independent Escort Service Thane
VIP Call Girls Thane Sia 8617697112 Independent Escort Service ThaneVIP Call Girls Thane Sia 8617697112 Independent Escort Service Thane
VIP Call Girls Thane Sia 8617697112 Independent Escort Service Thane
 
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
 
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
 
20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdf20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdf
 

Ch 03