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Define intermediation
The financial system makes it probable for surplus and deficit economic units to come together, exchanging funds for securities, to their mutual advantage. While funds flow from surplus economic units to a financial institution to a deficit economic unit, the procedure is termed as intermediation. The financial institution works as an intermediary among the two economic units.
Determine the term- Profit before taxation and interest Profit before taxation and interest can also be used here in addition to profit for the period. Whichever figure is tak
Calculate annual payments into a savings account: Mr. Jones intends to retire in 20 years at the age of 65. As, yet he has not provided for retirement income, and he wants to
Mr. Moore will be 35 years at the end of the month and he wishes to retire in 25 years. He plans to invest in a mutual fund earning 7.5 percent annual return compounded monthly an
What is the monthly interest rate if the lease payments are $24,000 per month for 24 months. The total value is $420,000
Question: a. Le Mustang company Ltd is foreseeing a growth rate of 15 per cent per annum in the next three years. It is likely to fall to 12 per cent in the fourth year. Afte
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Explain about the International Finance When money crosses international boundaries businesses,individualsand governments should deal with special kinds of problems. Every c
Suppose today's settlement price on a CME DM futures contract is $0.6080/DM. You comprise a short position in one contract. Your margin account at present has a balance of $1,700.
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