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Why does most interbank currency trading worldwide involve the U.S. dollar?Answer: Trading in currencies worldwide is in opposition to a common currency which has international appeal. That type of currency has been the U.S. dollar as the end of World War II. Though, the deutsche mark and Japanese yen have started to be employed much more as international currencies in recent years. More significantly, trading would be exceedingly cumbersome and hard to manage if every trader made a market against all other currencies.
Savings and loan associations Historically savings along with loan associations (S&Ls) and thrift institutions have concentrated mostly on residential mortgages by acquiring fu
TR has recently been promoted to his first management position. In the past, he very much enjoyed working as part of a team, but is having some difficulty in adapting to his new ro
The straight value of a convertible bond is nothing but the value of a non-convertible bond having same characteristics. For example, assume that a company has tw
Investors, who do not believe in Efficient Market Hypothesis (EMH), adopt active management strategies. Such investors incur more search costs (with regard to tim
Accounting System: The accounting systems are the primary financial systems that any business should have in place to ensure accurate and usable financial information. The b
DISCUSS THE APPLICABILITY OF OPERATING CYCLE IN VEGETABLE GROWING.
Assignment II Describe capital budgeting techniques with formulas and examples.
Residual Income This is used for external reporting purposes. This term refers to the net income which is available for distribution to the firm's common stock holders. In mana
If a credit manager experience no bad debt losses over the past year. Would this be an indication of proper credit management? Why or why not
Explain about the Working Capital Management Working Capital Management is concerned with the management of current assets. It's a significant and integral part of financial m
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