Fin 4486 bmc equity Study guides, Class notes & Summaries
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Equity

Introducing the stock market

Why do companies do IPOs?

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The nature of equities

What is the prime reason that Jenny’s discretionary income is more volatile than her salary?
-	Her mortgage payments and necessities are fixed

A wedding planning company has a high fixed-cost base and a lot of debt. Who would you rather be?

The S&P 500 stood at 1848 at the end of 2013.

The brown line stood at 2639 at the end of 2013

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