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John Is a Sprinter Who Specializes in Quick and Powerful

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John is a sprinter who specializes in quick and powerful bursts of speed followed by periods of rest.Jim is a marathon runner who specializes in long,steady runs.Compared to Jim,John is likely to have


Definitions:

Junk Bonds

Risky bonds issued by financially weak companies that pay high rates of interest. Also called high yield bonds.

Corporate Raiders

Investors who buy a large stake in a corporation with the goal to gain control and make changes to increase its value and their profit.

Hostile Takeovers

Hostile takeovers occur when a company acquires another company against the wishes of the target company's management and board of directors.

WACC

Weighted Average Cost of Capital, or WACC, is a financial metric that calculates the cost of capital for a business, weighting each capital segment according to its relative proportion.

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