Importance of international financial management
Explain the importance in studying the international financial management?
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We are living in the world where all the important economic functions, i.e., production, consumption, and investment, are extremely globalized. Therefore, it is necessary for the financial managers to completely understand the essential international proportions of the financial management. This wide shift is in contrast to the condition which existed when authors of this book were studying the finance around twenty years ago. During that time, professors had usually ignored the international aspects of the finance. This operation mode has become untenable since then.
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Assume that you are really interested in investing in the shares of Nokia Corporation of Finland that is a world leader in the wireless communication. However, before making the investment decision, you might like to learn about company. Take a look of the website of
The following information for the month of December 20x6, with respect to cash activities, was gathered by Tressa Ltd.’s bookkeeper. Cash balance per books, December 1 $ 3,700 Q : Factors influencing the value of Factors influencing the value of Goodwill: A) Proficient managementB) Quality of productC) Place of businessD) Accessibility of raw materialE) Positive contracts
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Security returns are found to be less correlated across various countries rather than within the country. Explain Why?
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