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1. What are the key features and shortcomings of the IRB approach in determining risk-weights vs simplicity of the standardized approach ? Please explain fully

2. How are global stock market exchanges throughout the world linked?

3. Assume you found the following stock quote for DRK enterprises, inc at your favorite website yesterday. You also found that the stock paid an annual dividend of $.71, which resulted in a dividend yield of 1.30 percent.

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