Question: Cash vs. Accrual. Please explain each and give examples.Additionally, please explain why investment banking is based upon cash basis accounting. 6.Please explain why an understanding

Cash vs. Accrual. Please explain each and give examples. Additionally, please explain why investment banking is based upon cash basis accounting.

6. Please explain why an understanding of Mortgage Constants is so important when structuring debt.

7. Please explain Trend Analysis and Benchmarking. Why is each so important.

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