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Offshore Financial Center
It is a location with banking facilities to accept deposits and make loans in currencies various from the currency's country of origin. Banks located in offshore financial centers are exempt from the bank's home country banking regulations. All off- shore financial centers, including those in the United States, offer tax preferences-commonly, but not always, in the form of tax-free remittances of earnings to an offshore parent organization.
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Illustration Discount bond (5 yr. bond with 10% coupon) (expected rate yield at 12%) Premium bo
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Scenario: Brands and businesses in just about every industry are in a state of war with their competitors through promotions and marketing strategies. Majority of renowned brands
explain financing under fireign currency
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