Examlex
What river is a critical source of water for West Africa, especially Mali and Niger?
Asymmetric Information
Assumes managers have more complete information than investors about a firm’s prospects—can have an important effect on capital structure.
Diversified Portfolios
Investment strategies involving the mixing of various asset classes and securities to reduce risk through diversification.
Financial Distress
A scenario in which a business is unable to fulfill or struggles to pay its debts to those it owes money to.
Capital Budget
The process and plan for allocating resources for major investments or projects that a company undertakes to maintain or expand its operations.
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