In simplistic terms how do you calculate the return on


1. In simplistic terms, how do you calculate the Return on Investment using an annual statement of a public company?

2. Explain the background of Wal-Mart's use of interest rate swaps.

3. Discuss the term "paradox of market efficiency" and the possible resolution of this concept in the real financial markets.

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Financial Management: In simplistic terms how do you calculate the return on
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