National currencies of foreign exchange market
Elucidate various national currencies of foreign exchange market?
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In a foreign exchange market, international trade can take place so that various national currencies are exchanged for one another. Mexicans want pesos, Germans want Euros, as well as Japanese want yen whenever they sell their products.
Cost of debt= (1-tax rate)* interest rate * (debt ÷capital employed)Cost of equity = risk free rate + market premium (equity shareholders funds÷ capital employed)
What 2 points are required to emphasis foreign exchange market?
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