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Explain official reserve assets and its major components.
Answer: Official reserve assets are those financial assets which can be employed as international means of payments. At present, official reserve assets have: (I) gold, (ii) foreign exchanges, (iii) special drawing rights (SDRs), and (iv) reserve positions along with the IMF. Foreign exchanges are by far the most significant official reserves.
Bid The price buyers provide to acquire securities or privacy from sellers.
give and explain the seven sources of finance
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explain the assumptions underlying Walter''s dividend model?
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QUESTION i) Distinguish between intermediated and market finance using illustrative examples. ii) Differentiate between the main characteristics of Debt and Equity. iii)
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