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When Zimbabwe needed to finance the war against Congo, the government issued bonds and forced the Central Bank to buy those bonds in exchange for newly-printed Zimbabwean dollars. This action prompted a hyperinflation of almost 100,000 percent. This is an example of a lack of:
Preferred Stock
A class of ownership in a corporation with a fixed dividend that is paid out before any dividends to common stockholders.
Common Equity
The amount of money that would be returned to shareholders if all the company's assets were liquidated and all its debts repaid.
Year 0 Value
Year 0 Value is a reference point in financial analysis indicating the value of an investment or project at the beginning period before any growth or decline.
Weighted Average
Weighted average is a calculation that takes into account the varying degrees of importance of the numbers in a data set.
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