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Explain about the functions of financial systems.
Financial systems perform the necessary economic function of channelling funds through units who have stored surplus funds to units who have a shortage of funds. There the units who have saved can lend funds: they are termed as lender-savers. The units along with a shortage of funds should borrow funds to finance their expenditure: they are the borrower-spenders. Most significant lender-savers are generally households; whereas the classical borrower-spenders are firms and the government.
Given the following Present Value Plot for Projects A and B, which are mutually exclusive projects, answer the following questions: (i) What is the DCFROR for Project A? fo
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Explain the meaning of Gross and Net Yield While gross yield refers to the yield realized by investor before paying taxes, net yield is what remains with him after paying th
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