Illustrates an example of probability of coin willing to bet
Illustrates an example of probability of coin willing to bet?
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You own a biased coin which will land heads up with probability p> ½. You get someone willing to bet any amount against you on events. They are willing to bet any no. of times. Obviously you can make much money along with this special coin.
Rs. Sales 2,40,000 Variable costs 1,44,000 Fixed costs 26,000 Profit before tax 70,000 Rate of tax 40% Firm is proposing to buy the new plant that could generate extra annual profit of Rs. 10,000. The fixed cost of new plant is expected to Rs. 4000. New plant would increase sales volume by Rs. 40,00
Elaborate: Accounts receivable are sometimes not collected. What is the reason that companies extend trade credit when they could insist on cash for all sales?
What is Platinum Hedging?
Define market for foreign exchange.Broadly described, the foreign exchange (FX) market encompasses the conversion of purchasing power from one currency to another, bank deposits of foreign currency, the extension of credit denominated in a forei
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Describe the present economic crisis situation in Europe.
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Describe official reserve assets & its major components.Official reserve assets are those financial assets which can be utilized as international means of payments. At present, official reserve assets comprise: (I) gold, (ii) foreign exchang
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What is stable Levy Distribution?
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