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What is the definition of finance according to the text?
According to the text, finance is the study of the management, movement, and raising of money. It is about understanding the uses and sources of cash, as well as the concept of risk-reward trade-off. Finance is also a tool that can help us be better decision makers.
You are a financial analyst. Provide a detailed yet concise response to the question.
What are the three primary areas in finance as per the text?
The text divides finance into three primary areas in the domestic market: business finance, investments, and financial markets and institutions.
Assuming the role of a financial analyst, provide a clear and direct answer to the question.
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