__________ Trading Is the Trading of Shares Based on Confidential

question 2

Short Answer

__________ trading is the trading of shares based on confidential information that is not known to the public at large.

Know how to calculate a bond's yield to maturity and yield to call.

Recognize the features and implications of callable bonds and convertible bonds.

Understand the role of bond ratings in assessing default risk.

Describe the impacts of interest rate changes on bonds' market value.

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Definitions:

Net Realizable Value

The estimated selling price of an asset in the ordinary course of business minus any costs associated with its sale or disposal.

GAAP

Generally Accepted Accounting Principles, a standard framework of guidelines for financial accounting and reporting in the U.S.

Receivables Growth

An increase in the amount of money owed to a company by its customers for goods or services delivered on credit.

Aggressive Revenue

Recognition of revenue in a way that may artificially inflate sales figures, often bending the rules of standard accounting practices.