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ANSWER THIS QUESTION TRUE/ FALSE AND GIVE EXPLANATION
1. An offshore center is a country which offers to the residents and non-residents of other countries the ability to establish companies and to use its financial services for activities outside this center, offering in most of the cases some advantages such as low taxation rates.
2. Financial players prefer to use international financial centers because its easy to flexible trusts and special purpose companies.
3. Primary offshore centers act only as intermediation of funds transfer.
4. According to history, banking began around 2000 BC in Assyria and China.
5. A bank is a financial institution that accepts deposits from the public and creates credit.
6. One of the main functions of investment bank is to accept deposit and provide credit line to customers.
Describe relationship between price elasticity and total revenue? How does price elasticity of demand affect a firm's pricing decisions?
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Suppose the most recent dividend was $4.80 and the dividend growth rate is 8 percent. Assume that the overall cost of debt is the weighted average.
How much more must Keith save each year (suppose end of the year payments) for each of next eight years to have enough savings to pay for his daughter? Assume Keith can earn 9% on his savings.
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Clarinda Community Hospital is a 230-bed, not-for-profit, acute care hospital located in Clarinda, Iowa. The city is a typical Mid-western county seat/farming community best known as the birthplace of Glenn Miller, the famous big band leader of the l..
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