Explain how a banker's acceptance is created and how it is beneficial to an exporter, an importer

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Explain how a banker's acceptance is created and how it is beneficial to an exporter, an importer and the bank.

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Financial Management Core Concepts

ISBN: 978-0133866698

3rd edition

Authors: Raymond M Brooks

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Posted Date: May 11, 2024 06:53 AM

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Explain how a banker's acceptance is created and how it is beneficial to an exporter, an importer

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A bankers acceptance is a financial instrument that is used to facilitate international trade transactions Heres how it is created and its benefits to ... View the full answer

Financial Management Core Concepts

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