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Tip of the Day Ask For A Raise

Ask For A Raise - If you have been with the company for over a year and you have been working hard and feel that you are entitled to a...

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Auction Market Preferred Stock

Auction Market Preferred Stock - Auction market preferred stocks, also known as AMPS, are a type of preferred stock that the Dutch auction resets the dividend rate on. Generally, this means the interest rate on the preferred stock has a cap, or a ceiling, and that the Dutch auction may reset the reset rate of the dividends every forty-nine days. It is similar to a floating-rate investment, similar to a mortgage with a floating interest rate, and is usually tied to an outside indicator of movement, such as the prime interest rate.

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Definition: The amount of money in percent that a borrower pays to borrow money.  For example, if a $100,000 loan has a 5% interest rate, the ...

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