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Q. Illustrate Methods to Manage cash resources?
There are several methods which may be of use in managing resources. The particular tool selected will depend on its reliability and appropriateness. Suitability in turn will be governed by the underlying assumptions of the technique employed.
The value of node is determined using a methodology called backward induction. The value at any node depends on the future cash flows; therefore, we need to start from
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answers for the personal finance literacy 2nd edition workbook answers chapter 9(obtaining and protecting your credit)
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