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Question 3 3.1 Why do non-financial corporations need modern financial markets and institutions? Present an example to support your argument. (15 marks) 3.2 What is

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Question 3 3.1 Why do non-financial corporations need modern financial markets and institutions? Present an example to support your argument. (15 marks) 3.2 What is the net present value of an investment, and how do you calculate it? (10 marks) (Total: 25 marks)

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