The value of the company’s equity is the value of its operations plus nonoperating assets, such as investments in unrelated, unconsolidated businesses, less the value of its debt and any nonoperating liabilities. The valuation of Hershey’s equity is $9.4 billion, including $450 million r[...]
Posts Tagged ‘credits’
November 16th, 2009 - 8:42 am § in Interest Rate Swaps
Interest Rate Swaps
Interest rate swaps are simply a form of multiple period FRAs. The term of the agreements may be a matter of many months or even years. As is the case with FRAs there is no exchange of principal. The netting effect disguises the true nature of this transaction. The duration of an asset or liability [...]