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1. What are the market imperfections/costs that cause the first proposition of M&M to fail in supermarkets?

2. Royal Jewelers Inc. has an aftertax cost of debt of 7 percent. With a tax rate of 35 percent, what can you assume the yield on the debt is? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) Yield %_____

3. How can deposit insurance lead to more systematic risk in the banking system?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92721882

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