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What is an agent? What are the responsibilities of an agent?
Ans: An agent is someone who has the implied or actual authority to act on behalf of another. The owners whom the agents denote are the principals. Agents comprise a legal and ethical accountability to make decisions that further the interests of the principals.
In January 2009 you bought a German stock portfolio for 6,000,000 Euros and sold it in December 2009 for 7,000,000 Euros. Assume that over the same period the dollar's exchange ra
Question 5 A company has a total investment of Rs 500,000 in assets, and 50,000 outstanding ordinary shares at Rs 10 per share (par value). It earns a rate of 15 per cent on its in
What effect have mergers and acquisitions had on a customers access to branches? A: A branch closing which has resulted from a merger need not necessarily mean a lost relations
what is a multinational corporation? Why do firms expand into other countries?
Question: (a) Describe the essential characteristics of money. (b) Keynes identified three motives for holding balances of money. (i) What are these three motives?
The cost of capital for a firm can differ from the cost of capital for each of its businesses. When a firm has multiple businesses, it is important to use the cost of capital appro
In this section, we will compare the ?ve forecasting methods using the case study data described in Section 4. Methods 1-3 will ?rst be compared for the full data set (assortment g
Do mergers encourage the formation of new banks? A: Yes. The rise in the number of new banks in the second half of the 1990s coincides with a surge in merger activity in the
considering floatation on the stock exchange, produce a report explaining advantage of such a move
created the firm''s pro forma balance sheet for the next fiscal year?
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