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Q. Show the Advantages of adjusted discount rate?
Advantages:-
(1) It is simple to understand and simple to calculate.
(2) The risk premium rate comprised in the risk adjusted rate takes care of the risk element in the future cash flows of the project.
(3) It takes into account the risk adverse attitude of investors.
Q. Describe about Comfort Letter? Comfort Letter - Letter provided by a company's independent public accountant to an underwriter when underwriter has a DUE DILIGENCE responsib
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one page paper reviewing "the Morgan Stanley Oil and Gas Report"
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