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What is the Hirfindahl-Hirschman Index?
A: The Hirfindahl-Hirschman Index, or HHI, is the standard measure employed by economists to evaluate market concentration. The greater the level of concentration between the competitors, the higher the HHI. The HHI runs on a scale from zero (denoting extreme competitiveness) to 10,000 (denoting monopoly). The HHI is defined by squaring (multiplying by itself) the market share of every firm in a market, and after that adding up the results.
What is the market risk premium in Spain at the present moment - the number which I have to use in the valuations? It is not possible to talk of "the" market premium for Spain.
Corporate Reorganisations This topic deals principally with mergers and takeovers. It's very highly examinable. The discussion areas overlap with business strategy paper so don
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