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List the benefits of the flexible exchange rate regime.
Answer: The benefits of the flexible exchange rate system include:
a) Automatic attainment of balance of payments equilibrium and
b) Maintenance of national policy autonomy.
What is the annual tax shield to a firm that has total assets of $80 million and a net worth of $55 million, if the average interest rate on debt is 8.5% and the marginal tax rate
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Examine the components of working capital & also explain the concepts of working capital.
Peak Inc. needs to order Canadian raw materials to use in its production process. The Canadian exporter typically invoices Peak in Canadian dollars. Assume that the current exchang
what is marginal cost?
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Debentures are also fixed income securities with a specified interest rate. These securities have charge over the assets of the issuer. In contrast to
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