N Definition

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N as the fifth letter in a Nasdaq stock symbol indicates that the issue is the third class of preferred shares in the company.

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SHIPPING NOTICE is a formal notification that goods ordered are en-route to their destination.

WEIGHTED AVERAGE COST OF CAPITAL (WACC) is an average representing the expected return on all of a companys securities. Each source of capital, such as stocks, bonds, and other debt, is weighted in the calculation according to its prominence in the companys capital structure.

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