The Puerto Rico story is broadly a reminder of the power of credit fundamentals, such as leverage, operational balance and economic capacity, over ostensible security features written on paper. While legal security will influence recovery, credit fundamentals drive defaults. A few n...
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e-invoicing unlocks extensive benefits: not only can it help save significant time for businesses, but it can also help reduce material and paper costs, lower potential invoicing errors, and may lead to faster payment. What’s more, many find that e-invoicing solutions can help with compliance...
duplex printing is a way of printing that allows you to print on both sides of the paper. this method can save time and money, as it eliminates the need to manually flip sheets over in order to print on the other side. with duplex printing, you can print double-sided documents in one...
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aPlease indicate any changes that should be made to the paper if accepted. 请表明应该做对本文,如果接受的所有变动。 [translate] amake money today! 今天挣金钱! [translate] awill lay around 33000 ticks. 将放置大约33000壁虱。 [translate] awhat is time come to our factory 何时是来到我们的工厂...
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The article reports that international financial institution Barclays PLC was fined by Financial Industry Regulatory (FINRA) for misrepresentation of sub-prime securitizations. It mentions that the misrepresentation concern past arrears data and contained errors sufficient to affect an investor's evaluation ...
This paper was previously titled: “Floating Rate Money? The Stability Premium in Treasury Floating Rate Notes.” We are grateful for the comments and insights of Gurdip Bakshi, Xiaohui Gao Bakshi, Geert Bekaert, David Brown, Hui Chen, John Cochrane, Douglas Diamond, Christian Dreyer (discussant...
A potential explanation is that investors make expectational errors that are predictable. To examine this issue, we use data on survey expectations of market participants in the stock market, the foreign exchange market, and the bond and money markets in various countries. We find systematic ...