6. DISPATCH AND DIRECTIVES
... Pool participants may request to audit records for specific assets. Pool participants may make a written request to audit a record of a dispatch or directive. The pool participant's request shall specify the asset or assets affected, and the approximate date and time of the dispatch or directive whi ...
... Pool participants may request to audit records for specific assets. Pool participants may make a written request to audit a record of a dispatch or directive. The pool participant's request shall specify the asset or assets affected, and the approximate date and time of the dispatch or directive whi ...
Part I – Introduction - LSA
... 5. Is the interest rate competitive? wWhy would anyone in their right mind would lend at nominal rate of interest; usually because owner will lend to own company at such a nominal rate (like parents lend to kids). This looks more like equity; it looks like something an owner and not a third party wo ...
... 5. Is the interest rate competitive? wWhy would anyone in their right mind would lend at nominal rate of interest; usually because owner will lend to own company at such a nominal rate (like parents lend to kids). This looks more like equity; it looks like something an owner and not a third party wo ...
Credit Suisse Global Investment Returns Yearbook 2013
... strip prices. When yield curves slope upward, yields understate spot rates, as can be seen in Figure 4, which also plots the forward interest rates implied by the spot rates. These represent today’s interest rates for a series of one-year loans applicable to successive future years. If investors wer ...
... strip prices. When yield curves slope upward, yields understate spot rates, as can be seen in Figure 4, which also plots the forward interest rates implied by the spot rates. These represent today’s interest rates for a series of one-year loans applicable to successive future years. If investors wer ...
STILLWATER MINING COMPANY - Investor Relations Solutions
... GAAP) requires management to make estimates and assumptions that affect the amounts reported in these consolidated financial statements and accompanying notes. The more significant areas requiring the use of management’s estimates relate to mineral reserves, reclamation and environmental obligations ...
... GAAP) requires management to make estimates and assumptions that affect the amounts reported in these consolidated financial statements and accompanying notes. The more significant areas requiring the use of management’s estimates relate to mineral reserves, reclamation and environmental obligations ...
Chapter 7 Bequests and the modified golden rule
... The optimality conditions (7.6), (7.7), and (7.8) illustrate a general principle of intertemporal optimization. First, no gain should be achievable by a reallocation of resources between two periods or between two generations. This is taken care of by the Euler equations (7.6) and (7.7).2 Second, th ...
... The optimality conditions (7.6), (7.7), and (7.8) illustrate a general principle of intertemporal optimization. First, no gain should be achievable by a reallocation of resources between two periods or between two generations. This is taken care of by the Euler equations (7.6) and (7.7).2 Second, th ...
Corporate Governance Reforms around the World
... Under this conception, corporate financiers always have a need for one or several corporate governance mechanisms (CGMs), which may defined as arrangements by which the suppliers of external finance to corporations assure themselves of getting a return on their investment (Shleifer & Vishny, 1997). ...
... Under this conception, corporate financiers always have a need for one or several corporate governance mechanisms (CGMs), which may defined as arrangements by which the suppliers of external finance to corporations assure themselves of getting a return on their investment (Shleifer & Vishny, 1997). ...
QIS4 Technical Specifications
... Participants are often also "requested" or "invited" to provide additional information regarding the practicality and suitability of the specifications. The most important additional questions and information requests have been highlighted in grey, with a black border. Important question or informat ...
... Participants are often also "requested" or "invited" to provide additional information regarding the practicality and suitability of the specifications. The most important additional questions and information requests have been highlighted in grey, with a black border. Important question or informat ...
- Backpack
... The Board of Directors of XYZ Company is considering using a stock split to put its shares into a better trading range. They are confident that the firm’s stock price will continue to rise given the firm’s outstanding financial performance. Currently, the company’s shares are trading for $150 and th ...
... The Board of Directors of XYZ Company is considering using a stock split to put its shares into a better trading range. They are confident that the firm’s stock price will continue to rise given the firm’s outstanding financial performance. Currently, the company’s shares are trading for $150 and th ...
word - Nasdaq`s INTEL Solutions
... provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Forward-looking statements can also be identified by words such as “future,” “anticipates,” “believes,” “estimates,” “expects,” “inten ...
... provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Forward-looking statements can also be identified by words such as “future,” “anticipates,” “believes,” “estimates,” “expects,” “inten ...
csx corporation - corporate
... In June 2011, the Financial Accounting Standards Board issued an Accounting Standards Update to the Comprehensive Income Topic in the ASC aimed at increasing the prominence of items reported in other comprehensive income in the financial statements. This update requires companies to present comprehe ...
... In June 2011, the Financial Accounting Standards Board issued an Accounting Standards Update to the Comprehensive Income Topic in the ASC aimed at increasing the prominence of items reported in other comprehensive income in the financial statements. This update requires companies to present comprehe ...
NORTHEAST BANCORP /ME/ (Form: 10
... statements relate to expectations concerning matters that are not historical facts. Accordingly, statements that are based on management's projections, estimates, assumptions, and judgments constitute forward-looking statements. These forward looking statements, which are based on various assumption ...
... statements relate to expectations concerning matters that are not historical facts. Accordingly, statements that are based on management's projections, estimates, assumptions, and judgments constitute forward-looking statements. These forward looking statements, which are based on various assumption ...
2009 Annual Report - Berkshire Hathaway Inc.
... Our metrics for evaluating our managerial performance are displayed on the facing page. From the start, Charlie and I have believed in having a rational and unbending standard for measuring what we have – or have not – accomplished. That keeps us from the temptation of seeing where the arrow of perf ...
... Our metrics for evaluating our managerial performance are displayed on the facing page. From the start, Charlie and I have believed in having a rational and unbending standard for measuring what we have – or have not – accomplished. That keeps us from the temptation of seeing where the arrow of perf ...
Form 10-K - corporate
... Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes No Indicate by check mark whether ...
... Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes No Indicate by check mark whether ...
The Economic Importance of Financial Literacy
... paths for financial knowledge will be hump-shaped over the life cycle. Second, consumers will invest in financial knowledge to the point where their marginal time and money costs of doing so are equated to their marginal benefits; of course, this optimum will depend on the cost function for financia ...
... paths for financial knowledge will be hump-shaped over the life cycle. Second, consumers will invest in financial knowledge to the point where their marginal time and money costs of doing so are equated to their marginal benefits; of course, this optimum will depend on the cost function for financia ...
Bankruptcy Reform and the Housing Crisis.
... supplies of owner-occupied (Kt ) and rental (Ht ) housing space with prices Pt and Rt at date t, respectively. Households derive utility from consumption and the size of their housing space. Financial intermediaries accept deposits and offer competitively priced one-period unsecured debt contracts a ...
... supplies of owner-occupied (Kt ) and rental (Ht ) housing space with prices Pt and Rt at date t, respectively. Households derive utility from consumption and the size of their housing space. Financial intermediaries accept deposits and offer competitively priced one-period unsecured debt contracts a ...
Markets for Managers
... is to focus on the information and incentive mechanisms that help guide decision making. If you do not even know who is making the bad decision, there’s little hope of finding out why they did so. This book intends to explore the information channels and incentive mechanisms that create value. It wi ...
... is to focus on the information and incentive mechanisms that help guide decision making. If you do not even know who is making the bad decision, there’s little hope of finding out why they did so. This book intends to explore the information channels and incentive mechanisms that create value. It wi ...
Follow the money - Bretton Woods Project
... institutions are channelling capital into the financial sector, but there are large risks to the environment, communities and overall development efforts. The types and varieties of cross-border financial flows have proliferated in the last decade. No longer are flows to developing countries neatly ...
... institutions are channelling capital into the financial sector, but there are large risks to the environment, communities and overall development efforts. The types and varieties of cross-border financial flows have proliferated in the last decade. No longer are flows to developing countries neatly ...
Guidelines on Risk Based Capital Adequacy
... the banking sector’s ability to absorb shocks arising from financial and economic stress, whatever the source, thus reducing the risk of spillover from the financial sector to the real economy. “Basel III: A global regulatory framework for more resilient banks and banking systems” (known as Basel II ...
... the banking sector’s ability to absorb shocks arising from financial and economic stress, whatever the source, thus reducing the risk of spillover from the financial sector to the real economy. “Basel III: A global regulatory framework for more resilient banks and banking systems” (known as Basel II ...
The Aggregate Demand for Treasury Debt
... and Lucas (1996), and Vayanos and Vila (1999) present general equilibrium models in which an illiquid asset (i.e. stocks) carries a transaction cost while a liquid asset (bonds) do not. In equilibrium, the liquid asset return is lowered by its liquidity feature. Woodford (1990) and Holmstrom and Tir ...
... and Lucas (1996), and Vayanos and Vila (1999) present general equilibrium models in which an illiquid asset (i.e. stocks) carries a transaction cost while a liquid asset (bonds) do not. In equilibrium, the liquid asset return is lowered by its liquidity feature. Woodford (1990) and Holmstrom and Tir ...
Privatizing Fannie and Freddie: Be Careful What
... with Treasury would provide about 5% capitalization and their current guarantee fee of 63 basis points would provide 3%, assuming the 10% after-tax return on equity that SIFIs are earning today. To cover the cost of the additional 2% capital needed, they would need to increase their guarantee fees b ...
... with Treasury would provide about 5% capitalization and their current guarantee fee of 63 basis points would provide 3%, assuming the 10% after-tax return on equity that SIFIs are earning today. To cover the cost of the additional 2% capital needed, they would need to increase their guarantee fees b ...