In addition, some exchanges have reputations for listing certain types of stocks. For instance, technology companies have historically preferred to list on the Nasdaq, because the Nasdaq was the first stock exchange to embrace advanced technology li... Read more
I hope this article, while somewhat general, has given you a sense of some of the issues, challenges, and concepts around completing LBO transactions. But, like any language, you can say sensible things or ridiculous things, and at least grammatical... Read more
Meanwhile, another similar investment option can generate a 10% return. The goal is to make sure the company is making the best use of its cash. If the IRR is greater than or equal to the cost of capital, the company would accept the project as a go... Read more
To deal with the 2008 financial crisis, the Federal Reserve pumped large amounts of reserves into the banking system and introduced new programs that altered the terms of the trade-off banks make when deciding their level of excess reserves. In shor... Read more
In 1965, we disaggregated the market for color television by income levels and geographical regions and compared these submarkets with the historical pattern of black-and-white TV market growth. We justified this procedure by arguing that color TV r... Read more
In contemporary Islamic finance, it is used to finance construction (of a home, office, factory, etc.) combined with a Istisna contract. Ijarah, (literally "to give something on rent") is a leasing or renting contract. In traditional Islamic jurispr... Read more
On October 29, 2012, Wall Street was disrupted when New York and New Jersey were inundated by Hurricane Sandy. Its 14-foot-high storm surge, a local record, caused massive street flooding nearby. The NYSE was closed for weather-related reasons, the... Read more
The United States Dollar refers to the national currency of the U.S and is represented by the ISO code USD and is often abbreviated as US$. The Iraqi Dinar refers to Iraq’s national currency and is represented by ISO code IQD. The global marke... Read more
To help you decide whether you should include yourself among the financially literate, think through the following questions and give yourself some honest answers. Financial literacy is the possession of skills that allows people to make smart decis... Read more
For example, a painter may be paid for the service after it has been performed, and the incurred expense changes to a paid expense. Another example would be when a business enters into a lease agreement to rent office space for a period of two years... Read more