What is the difference between an IPO and a seasoned issue?

July 8, 2024 No Comments

A: When a privately owned organization decides to raise capital by offering shares of stock or debt securities to the public for the first time, it conducts an initial public offering (IPO), at which point it becomes a publicly traded company. When an existing publicly

What is the difference between investment banks and merchant banks?

June 30, 2024 No Comments

A: Merchant banks and investment banks, in their purest forms, are different kinds of financial institutions that perform different services. In practice, the fine lines that separate the functions of merchant banks and investment banks tend to blur. Traditional merchant banks often expand into the

What is the difference between investment banks and merchant banks?

July 7, 2024 No Comments

What is the difference between investment banks and merchant banks?

July 8, 2024 No Comments

What is the difference between Magna Cum Laude and Summa Cum Laude?

July 8, 2024 No Comments

A: “Cum laude” is a Latin term that translates to “with honor” in English. “Magna cum laude” means “with great honor,” and “summa cum laude” means “with greatest honor.” In U.S. academics, the terms designate graduates who have distinguished themselves with exceptional grades or performances

What is the difference between Series 9/10 and Series 24 qualification exams?

July 8, 2024 No Comments

A: Both Series 9/10 and 24 are the exams that must be completed by a principal before he or she can undertake certain sales activities. According to the Financial Industry Regulatory Authority (FINRA), a principal who has completed the Series 24 examination is qualified to

What methods can the government use to control inflation?

July 8, 2024 No Comments

A: Inflation occurs when an economy grows due to increased spending. When this happens, prices rise and the currency within the economy is worth less than it was before; the currency essentially won’t buy as much as it would before. When a currency is worth less, its exchange rate

What personal items am I allowed to bring with me into the CFA exam testing room?

July 8, 2024 No Comments

A: Aside from the required examination admission ticket, current valid international travel passport, approved calculator, and approved writing instruments, the CFA Institute states that you can also bring: Manual pencil sharpeners Erasers Loose calculator batteries (and a screwdriver for battery replacement if needed) Calculator cases and keystroke cards

What type of work experience can count towards the work experience required to obtain the CFA charter?

July 8, 2024 No Comments

A: CFA Institute provides a work experience self-assessment to help you determine whether or not your experience might qualify you to become a member. You must have spent at least 50% of your time utilizing financial data or supervising or teaching those who utilize financial data for

Which of the following statements are true with respect to price-earnings (P/E) multiples …

July 8, 2024 No Comments

Q: Which of the following statements are true with respect to price-earnings (P/E) multiples? I. During a recession, P/E multiples will generally increase. II. As the growth prospects of a company increases, holding everything else constant, its P/E will also rise. III. As the required

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