Here is a term paper on ‘Stock Index Futures’ especially written for school and college students. Term Paper # 1. Meaning of Stock Index Futures: Stock index futures is one of the varieties of futures contracts. The first stock index futures contract based on value line index was introduced by Kansas City Board of Trade (KCBT) on 24th February, 1982. [...]
A stock split is the division of a share into two or more parts. Stock split adds no value but increases the number of shares in the ratio of the split. By splitting of shares the capital of the company does not increase, but the capital is only redistributed by increased number of shares. A stock split is a decision [...]
The below mentioned article provides a formula to calculate the Sustainable Growth Rate (SGR) of a firm. SGR is the maximum growth rate which can be achieved by using both internal accruals, as well as, external debt without increasing the financial leverage. SGR is the maximum sales that can be achieved in a year based on target operating debt and [...]