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A bond investor is always exposed to credit risk. Credit risks can be classified into three types. They are:
Default Risk
Credit Spread Risk
Downgrade Risk.
Accounts receivable are sometimes not collected. Why do companies extend trade credit when they could insist on cash for all sales? Extending trade credit almost all the time le
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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 eq
1. Consider the following two investment alternatives Net cash flow End of year Machine A Machine
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