Unequal cash flows refer to a series of payments made over time, while fixed payments are equal. Financial managers use financial formulas to find the present value of future cash flows to calculate the fair value of an investment. Unconventional bonds, such as index-linked bonds, have cash flows that reflect changes in an index, making […]
Mismatched lots are stocks sold with less than the usual number of shares. Brokers may charge different commissions for executing orders on odd lots, but they can be a good deal for investors looking to accumulate shares in highly desirable but rarely available stocks. Some brokers may advise investors when desirable lots become available. Mismatched […]
