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In the context of the internalization theory,explain why licensing may not be an attractive option.
Equivalent Annual Compounded
The annual interest rate that is equivalent to the nominal rate compounded more frequently than once a year.
Rate of Return
The profit or deficit experienced on an investment, calculated over a particular duration and shown as a fraction of the investment's original value.
Rental Income
Income received from renting out a property or another asset.
Property Taxes
Levies imposed by a government on a property owner, typically based on the value of the property.
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