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How is international financial management different from domestic financial management?
Answer: There are three main dimensions that set separately international finance from domestic finance. They are:
a) Foreign exchange and political risks,
b) Market imperfections, and
c) Expanded opportunity set.
Explain the factors affecting the choice of a minimum cash balance amount. The smallest cash balance amount is determined by how easy it is to raise funds when needed, how expe
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Researchers found that it is extremely difficult to forecast the future exchange rates more precisely than the forward exchange rate or the current spot exchange rate. How would yo
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