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What are the benefits of investing via international mutual funds?
Answer: The benefits of investing via international mutual funds consist of:
(a) Save transaction or information costs,
(b) Circumvent legal or institutional barriers, and
(c) Benefit from the expertise of professional fund managers.
State the major decision of financial management The major decision of financial management is the decision relating to dividend policy. The dividend must be analysed in relat
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Peak Inc. needs to order Canadian raw materials to use in its production process. The Canadian exporter typically invoices Peak in Canadian dollars. Assume that the current exchang
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