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Finance has evolved a lot from being a branch of economics with a limited focus on activities like banking, investments and stock markets. It has now been diversified into a comprehensive filed encompassing areas like corporate finance, risk management, behavioural finance, and quantitative finance. Contemporary finance courses focus more on real...
Finance students come across several conceptual challenges during their course. One of such challenges is the confusion between capital budgeting and cash flow forecasting. While both of these tools are useful for making strategic financial decisions, they are used under different circumstances and serve differing purpose.
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The Global Financial Crisis (GFC) of 2007-2008 is considered as one of the most serious economic crises since the great depression. It began in USA and then gradually spread to other countries. This crisis raised suspicion and doubts related to stability and structure of financial systems globally. Analyzing the events of the crisis with the help...