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Principle of Finance ESSEC T1Pre-M.Sc. Finance October-December 2015FING 31081 FINANCE REFRESHERFinal Exam: solutionsThe time limit for the final exam is 2h30. Answer directly on this sheet. During the calculations, explain each of your steps and assumptions clearly: getting the “exact” figure is not important by itself. Good luck!(3 points) Please comment on the following sentences (10 lines.