Toggle notes, a type of payment-in-kind bond, allow deferred interest payments with increased future coupons. Explore their use in managing cash flow issues.
The Bjerksund-Stensland model is a key method for pricing American options. It helps investors determine optimal times for exercising options with dividends considered.
House sales in Montreal (the second-largest market in Canada) dropped 15% last month. Single-family home deals were off 17%.
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