What is a Constant Dollar? A constant dollar is an adjusted value of currency used to compare dollar values from one period to another. Due to inflation, the purchasing power of the…
Top 9 soccer players who actually don’t like soccer
There are plenty of people who don’t like their job. Maybe you don’t like your work yourself and that’s why you’re reading this top rather than filling out your Excel table. I…
Overhead Ratio Definition
What Is an Overhead Ratio? An overhead ratio is a measurement of the operating costs of doing business compared to the company’s income. A low overhead ratio indicates that a company is…
Top 9 dumb things our ancestors would die from, these big dummies
There are plenty of stupid ways to die. But we can say that before (in the old days) we had a good chance of going over to the left for frankly stupid…
Top 10 dumb clichés of cinema on other countries, the big bullshit
Thanks to cinema, you can travel by seeing incredible scenes shot in countries you don’t know and that’s great. Except that in reality Hollywood has plenty of strange practices and does not…
What Are SPDR ETFs?
A Standard & Poor’s Depositary Receipt, or SPDR, is a type of exchange traded fund that began trading on the American Stock Exchange (AMEX) in 1993 when State Street Global Advisors’ investment…
Top 15 disguise ideas that are really too scary
There you go, Day of the Dead is tomorrow, and you may not have found the perfect Halloween costume yet, so we’re going to fix that. And when I say we’re going…
Top 10 reasons to be nice to insects, why this discrimination?
Nobody likes bugs, that’s a fact. Even the biggest animal friends can’t stand these little critters that spoil our summer holidays and swarm in the gardens. However, insects are animals like any…
Zero-Volatility Spread (Z-Spread) Formula and Calculation
What Is the Zero-Volatility Spread (Z-Spread)? The Zero-volatility spread (Z-spread) is the constant spread that makes the price of a security equal to the present value of its cash flows when added…