Number of degrees of freedom for a t-distribution
As the number of degrees of freedom for a t distribution increases, the difference between the t distribution and the standard normal distribution
a. becomes larger
b. becomes smaller
c. stays the same
d. None of these alternatives is correct.
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The inefficiency of international companies having to understan and us a myriad of dfferent accounting standards depending on the countries in which they operate and the countries in which they raise capital and debt.
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Draw the cash flow diagram for each alternative. Which alternative should the company choose based on the PW and AW analysis?
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