Meaning IRRELEVANCE RESULT: The Modigliani and Miller theorem that a firm's capital structure is irrelevant to the firm's value
More terms such as Irrelevance result in Dictionary I.
- Definition Implied Volatility:
- Examples The expected volatility in a stock's return derived from its option price, maturity date, exercise price, and riskless rate of return, using an option pricing model such as Black-Scholes irrelevance result definition.
- Definition Investment Letter:
- Examples between the issuer of new securities and the buyer, in the private placement of these new securities. The letter of intent establishes that the securities are being bought for a minimum time period irrelevance result explain.
- Definition Irrational Call Option:
- Examples imbedded in a MBS. Irrational because the call is sometimes not exercised when it is in the money (interest rates are below the threshold to refinance), and sometimes exercised when it is not in the irrelevance result what is.
- Definition Internal Rate Of Return (IRR):
- Examples Dollar-weighted rate of return. Discount rate at which net present value (NPV) investment is zero. The rate at which a bond's future cash flows, discounted back to today, equal its price irrelevance result meaning.
- Definition Inactive Post:
- Examples Trading post on NYSE floor where inactive, lightly traded stocks are traded in 10-share lots as opposed to 100-share lots irrelevance result abbreviation.
