Question: With reference to Shimpi, P. 2002. Integrating risk management and capital management. Journal of Applied Corporate Finance 14(4):27-40, a. Explain the purpose of capital in

With reference to Shimpi, P. 2002. Integrating risk management and capital management. Journal of Applied Corporate Finance 14(4):27-40,

a. Explain the purpose of capital in the enterprise.

b. Distinguish between real capital, financial capital and risk capital.

c. Discuss the interrelationship of firm capital and firm risk.

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