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How competitive is the market for banking services? A: With above 7,000 banks and thrifts in the U.S., banking is one of the so many competitive industries in the world. Refer the subsequent characteristics of the American financial services marketplace:
a) There are more banks per citizen in the U.S. as compared to in any country in the world.
b) There are nearly four times much more deposit-taking institutions in the U.S. as compared to in the 15 nations of the European Union, Switzerland, Canada and Japan combined.
c) More than 7,300 credit unions, 5,000 securities brokers, 2,500 mortgage companies and 1,500 finance companies today vie for consumers' business.
State what is Average cost Average cost represents weighted average of the costs of each source of fundsemployed by enterprise, weights being the relative share of each source
International bonds are the bonds issued in a country by a non-domestic entity. In fact, it is a collective term used for Eurobonds, foreign bonds and global bonds.
What is the investment opportunity schedule (IOS)? How does it help financial managers make business decisions? The investment opportunity schedule depicts graphically propose
formulae required to calculate
explain accounting purposes
It is not easy to determine the theoretical value of non-treasury securities. However, we can use the treasury spot rate for the valuation of non-treasury security.
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Q. In planning a restaurant, it is estimated that a revenue of $6 per seat will be realized if the number of seats is at most 50. On the other hand, the revenue on each seat will d
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