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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.
financial planning
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An introduction to the principles of banking and finance It covers a broad variety of topics using an economic perspective and aims to give a general background to any student
Par tnership A legally authorized business form in which two or more partners are co-owners, sharing profits, losses, and liabilities related with the business they own.
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Q. Computation of Value of the Firm? Computation of Value of the Firm (V) & Overall Cost of Capital:- NI = EBIT - Interest = 50,000 - 20,000 = 30,000
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