Examlex
The MNC's cost of equity is unrelated to the local risk-free rate.
Logical Reply
A response that follows the principles of logic or reasoning.
Underestimated
To be underestimated refers to the misjudgment of someone's capabilities, qualities, or results to be lower or less important than they actually are.
Cognitive Development
The process of growth and change in intellectual capabilities such as thinking, reasoning, and understanding.
Culture
The shared values, traditions, norms, customs, arts, history, folklore, and institutions of a group of people.
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