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What are "in-market" mergers?A: An in-market merger is one that occurs between two banks operating in similar geographic area, usually a city or metropolitan area. The merged institution frequently ends up with more than one branch in similar neighborhood and as a result may close overlapping offices. All mergers if within a market or not result in some redundancies, and hence present opportunities to save costs by eliminating specific internal systems or merging some products and services.
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Question 1: (a) Briefly explain the Electronic Data Interchange (EDI), and list the benefits of EDI. (b) List and describe the main components of MACSS. (c) Explain brief
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limitations of using a periodic inventory system
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The coupon rate of these types of bonds is adjusted periodically at a fixed margin over a reference rate. It can be adjusted southward only and once it is adjuste
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Foreign Exchange Market Equilibrium: We say that the foreign exchange market is in equilibrium when deposits of all currencies o er the same expected rate of return (when retu
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