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short answers 1. What is financial modeling? What is the aim of financial modeling? Why is it important? (15 pts) 2. Why understanding the financial
short answers 1. What is financial modeling? What is the aim of financial modeling? Why is it important? (15 pts) 2. Why understanding the financial and mathematical aspects of the model is important for financial modelling? Discuss. (10 pts) 3. Define the following terms (5 pts ench): a) independent variable: b) Time-series data: c) Intermediate variable
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