With different meanings depending on the context, the term redemption can describe various financial and business activities. For example, any fixed-income security can be redeemed at or before its...
Category: Finance education
What is DD&A? DD&A stands for Depreciation, Depletion, and Amortization and represents an approach in accounting that helps organizations gradually charge certain costs to expenses, enabling...
To Pass the CFA examination, solid preparation and extraordinary studying practices are needed. Exams of all three levels were being conducted in June, while Level 1 was also being conducted in...
Are you willing to invest in a very different kind of fund? For example, collateralized Loan Obligations might be just the correct option for you, but what does CLO exactly mean? What is...
The Wealth of Nations, written by Adam Smith and published approximately 245 years ago, is considered the book that introduced economics. Yet, even after many years of the world first seeing its...
What is Capital Market Line? Capital Market Line or CML is a tangent line representing the relationship between risk measured by standard deviation and return of the portfolio. CML tangent line is...
