Examlex
The standard deviation of returns on Wildcat Oil Drilling is very high.Does this necessarily imply that Wildcat Oil Drilling is a high-risk investment when investors hold diversified portfolios? Explain why or why not.
Amortized
Refers to the gradual reduction of a debt over time by paying regular installments that cover both interest and principal.
Amortization Schedule
a table detailing each periodic payment on an amortizing loan, showing the amount of principal and the amount of interest that comprise each payment so that the loan will be paid off by the end of its term.
Effective Rate
The actual interest rate earned or paid on an investment, loan, or other financial product, taking into account the effect of compounding.
Ordinary Interest
A method for calculating interest based on a 360-day year.
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