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Advantage of Public Deposit
Advantage of Public Deposit
Advantage of Public Deposit
• Since there is no need to pledge security for public deposits, the assets of firm that can be mortgaged can be preserved
The disadvantages of public deposits from the company's point of view are:
• The maturity period is short enough
The disadvantages of public deposits from the investors' pint of view are:
• The interest that is charged on the public deposits does not enjoy tax exemption