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Define intermediation.
The monetary system makes it possible for deficit and surplus economic units to come together exchanging funds for securities to their mutual benefit. When funds flow from excess economic units to a deficit economic unit to a financial institution the process is known as intermediation. The financial institution takes action as an intermediary between the two economic units.
explain the significance of operating leverage and financial with the help of example?
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The capability of an asset to be converted into cash as quickly as possible without any discount to its value.
please give us the formula of price of equity shares of walter''s and gordon''s model
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