The majority of major corporations are franchised as public


1. Effective annual rates decrease as ________ decrease:

a. number of compounding periods

b. All of the above

c. quoted rates

d. annual percentage rates

2. The majority of major corporations are franchised as public corporations. Discuss the key strength and weakness of the public corporation.” When do you think the public corporation as an organizational form is unsuitable?

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Financial Management: The majority of major corporations are franchised as public
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