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Describe the key characteristics of a pluralist model.
Banker's Acceptance
A short-term debt instrument issued by a company but guaranteed by a bank, commonly used in international trade.
Trade Acceptance
A written promise or a draft by one party, the seller, to another, the buyer, to pay a specified sum of money at a future date.
Sight Draft
A financial instrument that is payable on demand when presented to the drawee.
Net Present Value
is a method used in capital budgeting to evaluate the profitability of an investment or project by calculating the difference between the present value of cash inflows and outflows.
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