Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over 35 years of diverse financial management experience. He is an expert on personal finance, corporate finance ...

The exchange ratio represents the relative number of shares an acquiring company issues to the shareholders of a target company during a merger or acquisition. The exchange ratio is the relative ...

Accrued interest grows daily and varies if paid off early, affecting loans and credit costs. Monthly accrued interest is calculated using the average daily balance method. Bond sellers should include ...