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Q. What do you mean by synergy?
Synergy: synergy refers to the greater combined value of merged firms than the sum of the values of individual units. It is something like one plus one more than two. It results from benefits other than those related to economics of scale. Operating economies are one of the various synergy benefits of merger or consolidation. The other instances which may result into synergy benefits include strong R and D facilities of one firm merged with better organized production facilities of another unit enhanced managerial capabilities the substantial financial resources of one being combined with profitable investment opportunities of the other etc.
If the future spot rate of euro at option expiration is uncertain and takes a value within a range of $0.95 to $1.10, construct a contingency graph for a long currency straddle and
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Treasury Bills in International Markets A brief discussion on treasury bills in international markets is given below: Primary Market T-bills are important money market
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