Question: TRUE OR FALSE AND EXPLAIN 6. Under the Australian imputation system any taxes paid by Australian companies anywhere are automatically refunded to shareholders immediately. 7.

TRUE OR FALSE AND EXPLAIN

6. Under the Australian imputation system any taxes paid by Australian companies anywhere are automatically refunded to shareholders immediately.

7. A baker who wishes to hedge the price of a kilo of flour using options will go long in put options written on flour. The maximum loss they face is the exercise price of the option.

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