1. Explain when a back-to-back loan might be useful to a company. 2. Why might a firm...

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1. Explain when a back-to-back loan might be useful to a company.
2. Why might a firm list its stock in the international capital market? Explain the advantages of an American Depository Receipt.
3. Identify several difficulties facing companies that issue equity on emerging stock markets.
4. What is meant by the term capital structure? Explain its significance.
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