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Q. What are the financing methods?
- The export transaction could be correlated to a bill of exchange. If this bill was established (guaranteed) by the bank it could be discounted (sold for less than its face value) to provide immediate finance rather than wait until the customer made payment in six months time.
- The export transaction might be in order via an export merchant which would buy the goods outright from Vertid or a confirming house acting as an agent for the foreign buyer which would normally arrange for payment to be made to Vertid upon evidence of shipment of the goods eliminating the need for external financing.
What is in store for banking consolidation? A: Merger activity is a natural procedure by which companies make themselves more effective and better able to compete for customers
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who are the participants in the hedge funds industries
The recent financial reform in the Public Sector that had been implemented in Fiji is essential. Critically evaluate this statement.
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