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Define the term- Profitability maximisation
Profitability maximisation would imply that a firm must be guided in financial decision making by one test; select projects, assets and decisions which are profitable and reject those which aren't. In current financial literature, there is a general agreement that profit maximisation is used in second sense.
Define the term- Profitability maximisation Profitability maximisation would imply that a firm must be guided in financial decision making by one test; select projects, assets
How to calculate the up anh down factor in the binomial interets rate tree
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