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Explain the purpose of the models in detail

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Question: Financial models have a variety of useful applications. Users of financial models must possess a firm grasp of the input risk and limitations of the model in order to use these tools apparently. Share a financial model with the class that you feel could be useful in your business or personal life. Be sure to explain the purpose of the models and some tips for using the model effectively.

Reference no: EM132240106

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