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Describe the two different kinds of tapes accepted by tape drives.
Face Value
The original value or nominal value of a security as stated by the issuer, often used in the context of bonds or other fixed-income securities.
Weighted Average Flotation
An average calculation of flotation costs for new securities, weighted by the proportion each security contributes to the total amount issued.
Capital Structure
Capital structure describes the mix of a company's long-term debt, specific short-term debt, common equity, and preferred equity, which collectively finance the company's operations and growth.
Flotation Costs
Expenses incurred by a company in issuing new securities, including fees for underwriting, legal counsel, and registration.
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