Years Bank Loan advance 2018 STANBIC 2,584,735 2019. STANBIC. 3,946,591 2020. STANBIC 4,373,529 2018. BARCLAYS 3,204,859 2019. ABSA 4,082,295 2019. Absa. 2,09,501 2020. ABSA. 244,620 2020. Absa. 4,481,173 Question: Calculate the Herfindahl-Hirschman Index (HHI) for each year using loan advances and comment on the level of competition.
Years Bank Loan advance 2018 STANBIC 2,584,735 2019. STANBIC. 3,946,591 2020. STANBIC 4,373,529 2018. BARCLAYS 3,204,859 2019. ABSA 4,082,295 2019. Absa. 2,09,501 2020. ABSA. 244,620 2020. Absa. 4,481,173 Question: Calculate the Herfindahl-Hirschman Index (HHI) for each year using loan advances and comment on the level of competition.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
Years Bank Loan advance
2018 STANBIC 2,584,735
2019. STANBIC. 3,946,591
2020. STANBIC 4,373,529
2018. BARCLAYS 3,204,859
2019. ABSA 4,082,295
2019. Absa. 2,09,501
2020. ABSA. 244,620
2020. Absa. 4,481,173
Question:
Calculate the Herfindahl-Hirschman Index (HHI) for each year using
loan advances and comment on the level of competition.
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