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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.
Illustrates the roles of money? Roles of Money: a. A medium of exchange An asset which individuals obtain for the intention of trading quite than for their own consump
Spot transaction hedge/Money market hedge There are three parts to this question. Please answer all parts. The Chicken Company, a company with headquarters in Switzerland, has a r
if you won the publisher''s clearing house $10 million prize (payable as 30 pmts of $250,000 and $2.5m in yr. 30) and could invest the money at 8%, would you accept an offer of $3.
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Clientele Effect Theory Advance via Richardson Petit in 1977.It stated such different types of groups of shareholders or clientele have different type of preferences for divid
If the winner’s prize increases at the same rate (8.43%), what will it be in 2041?
Working Capital a) Working capital or called gross working capital also, refers as current assets. b) Net working capital refers to current assets minus current liabilities
For the set of activities shown in the table below, draw the total expenses vs. time curve using the following data: The labor rates are as follows: Labor # 1 (L1) rate = 30
Bell is considering two marketing options for the Canadian launch of their internet-based video streaming service in the first quarter of 2012. i. A "soft" launch using prima
The Audiology Department at Randall Clinic offers many services to the clinic''s patients. The three most common , along with cost and utilization data, are as follows: Service Var
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