The Federal Reserve is the central bank of the United States and is the financial authority behind the world’s largest free market economy.| Corporate Finance Institute
The cost of debt is the return that a company provides to its debtholders and creditors. Cost of debt is used in WACC calculations for valuation analysis.| Corporate Finance Institute
Par Value is the nominal or face value of a bond, or stock, or coupon as indicated on a bond or stock certificate. It is a static value| Corporate Finance Institute
Marketable securities are unrestricted short-term financial instruments that are issued either for equity securities or debt securities of a publicly listed company.| Corporate Finance Institute
Learn from CFI's library of Fixed Income courses and prepare for a successful career in capital markets, wealth management, and other in-demand finance fields.| Corporate Finance Institute
Find out what it takes to become a successful DCM banker, from the required skills you'll use regularly to the typical day and compensation you can expect.| Corporate Finance Institute
WACC is a firm’s Weighted Average Cost of Capital and represents its blended cost of capital including equity and debt.| Corporate Finance Institute
A DCF model is a specific type of financial model used to value a business. The model is simply a forecast of a company’s unlevered free cash flow| Corporate Finance Institute