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Esmée Fairbairn Professor of Accounting and Financial Management, University of Buckingham seventh edition. Pearson Education Limited Edinburgh Gate Harlow Essex CM20 2JE England and Associated Companies around the world Visit us on the World Wide Web at: www.pearsoned.co.uk First published under the Pitman imprint 1981 Second edition published 1985 Third edition published 1991 Fourth edition published 1994 Fifth edition published under the Financial Times Pitman Publishing imprint 1996

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