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Which model of organizational structure did IBM and Xerox profit from to transfer skills and know-how to subsidiaries around the globe?
Floating-rate Debt
Debt instruments, such as bonds or loans, that have variable interest rates that adjust over the tenure of the obligation.
Market Interest Rate
The prevailing rate at which interest is offered on deposits or loans in the financial markets for a particular term and risk profile.
Effective Interest Rate
An adjusted interest rate that accurately reflects the cost of borrowing including fees and compounding.
Stated Rate
The annual interest rate declared on a loan or investment, not accounting for compounding or additional fees.
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