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A tag for marking questions related to printed material for reading about topics. Not for questions about 'the books' in an accounting sense.
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Don't lower rates make bond prices rise? -- question from The Intelligent Investor
There is a passage from The Intelligent Investor that I'm trying to understand. It talks about companies refinancing high-grade bonds at more favorable rates for them.
My question is about the bold se …
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What is the "Stock/Equity Ratio"?
I'm reading the Intelligent Investor and I found this:
Stock/Equity Ratio. This is the ratio of the market price of the junior stock issues* to the total face amount of the debt, or the debt plus pr …