When quoting prices for bonds, they may be either the clean price or the dirty price. The dirty refers to the price of a bond including accrued interest based upon the coupon rate. If a bond quotes between coupo
A bond can be purchased for more than its face value, at a premium, or less than its face value, at a discount. The current yield is the bond's coupon rate divided by its market price. Price and yield are inversely related and as the price of a bond goes up, its yield goes down...
For sellers:Homes typically sell faster, which leads tomultiple buyers interested in a single property. This can result in bidding wars or buyers offering higher than the home’s list price. A seller’s market is a fantastic time tosell your home. You may be able to sell your home for m...
①The merchants of Arab are doing their things all of the world.(n.商人) ②He is a wholesale merchant.(n.批发商) ③This is a merchant ship of 5,000 tons.(adj.海上货运的) 2.negotiate vt.商定;达成(协议) vi.谈判;...
As with stock ETFs, bond ETFs trade on exchanges. Trading on exchanges provides greater liquidity, and transparency in pricing and execution, which can beneficial to investors in the more opaque, over-the-counter bond markets. Just like stock ETFs, bond ETFs come in a wide variety of flavors...
An accelerated share repurchase (ASR) is an expedited process that enables publicly traded companies to buy back a large block of their stock. The company will work with an investment bank to handle the ASR. Companies typically complete ASRs when they believe their shares trade at a very attrac...
A term bond is a type of new bond that is issued by a municipality and carries a single maturity date. The main elements of a...
On the other hand, analysts call attention to the ethical and misselling conduct held by the worst financial institutions in terms of ESG performance. Thus, the results suggest that the more transparent the financial institution is, the more prone it is to reach a higher ESG rating (Forssb...
The dirty price is sometimes called the price plus accrued. In the United States, the clean price is quoted more often while in Europe, the dirty price is the standard. The dirty price allows a seller to calculate the actual cost of a bond since the bond might have accrued interest from...
at first often prove limited. Climate isn't atangible assetand its value is hard to calculate, but thecosts of climate change affect companiesand societies. Air is free, but clean air has a cost in terms of the economic activity discouraged to prevent pollution for health andquality of life...