Examlex
Which of the following operations benefit(s) from depreciation of the firm's local currency?
Economic Factors
Elements that influence the performance of economies, including inflation rates, interest rates, fiscal policy, and unemployment rates.
Equity Premium Puzzle
The phenomenon that observed historical returns on stocks over government bonds are significantly higher than can be explained by conventional economic theory.
Fama and French
Two renowned economists who developed the three-factor model explaining stock returns on the basis of market risk, size, and value.
Dividend-Discount Model
A method for determining the value of a stock by using predicted dividends and discounting them back to present value.
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