What is disintermediation
Question:
What is disintermediation? What are its principle causes and possible cures? What new forms of disintermediation have appeared in recent years?
Note: Explain all steps comprehensively.
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Briefly describe what happens in foreign exchange markets. The spot Yen/$US exchange rate is Yen119.795/$US, and the one-year forward rate is Yen114.571/$US. If the annual interest rate on dollar CDs is 6%, what annual interest rate would you expe
Question: How much did the bond's price change? (assume a $1,000 par value) Note: Explain all steps comprehensively.
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In a game of chance, the probability of winning a $50 prize is 40 percent, and the probability of winning a $100 prize is 60 percent.
The beta of RicciCo.'s stock is 3.2, whereas the risk-free rate of return is 9 percent. If the expected return on the market is 18 percent, then
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