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Mergers and Acquisitions
It is a Process of business combination. There are 3 forms of business combination:
1. M1. M1 has the highest liquidity. This is the narrowest type, consisting of only currency, checks, demand deposits and traveler's check of all the types.
2. M2. This type includes all M1 money, but also includes savings, deposits under $10,000, money market mutual account balances, money market deposit accounts, overnight repurchase agreements and overnight Eurodollar deposits.
3. M3. This type holds all M2 but also includes term deposits for repurchase agreements and Eurodollar deposits with dealer-only money market funds.
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What is the present value of an annuity that makes a quarterly payment of $37,110 for 11 years, assuming an annual yield to maturity of 5%?
FIXED ASSETS 200 000 LONG TERM LIABILITIES CURRENT ASSETS CASH 40 000 LOAN
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