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How can we measure a company's cost of capital in emerging nations, especially when there is no state bond which we could take as a reference?
Although there is no state bond whose flows could be considered "risk-free," the needed return to shares is a matter of common sense (experience also helps): it is the rate at which we measure the present value of flows, considering its risk.
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what is the applicability of the operating cycle in a vegetaion farm in Uganda
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