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(a) Spreadsheet is used frequently in Financial modelling. Why is this so? (5 marks) (b)...

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Finance

(a) Spreadsheet is used frequently in Financial modelling. Why is this so? (5 marks)

(b) Do you see any setbacks in the use of spreadsheets? (5 marks)

(c) What is the likelihood of a replacement tool for spreadsheet in Financial modelling? (6 marks)

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