ADJUSTABLE RATE PREFERRED Definition

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ADJUSTABLE RATE PREFERRED (ARP) is preferred stock issues in which dividends are reset quarterly either at a fixed spread or at a percentage of the highest of three benchmarks on the yield curve. Also known as floating­-rate preferreds.

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INTENSITY DRIVERS are used to directly charge for the resources used each time an activity is performed.

FINANCIAL ANALYSIS is analysis of a companys financial statement, usually by accountants or financial analysts.

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