Examlex
_____________is the vertical and horizontal configuration of departments, authority, and jobs within a company.
Equilibrium
The condition under which the intrinsic value of a security is equal to its price; also, its expected return is equal to its required return.
Yield Curve
The curve that results when the yield to maturity is plotted on the y-axis with term to maturity on the x-axis.
Junk Bonds
High-risk, high-yield bonds issued to finance leveraged buyouts, mergers, or troubled companies.
High-Risk
Describes an investment or venture that carries a high level of uncertainty and the potential for significant loss.
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