FINANCEEVENTS copyToday, deviating from our routine post, we are trying to bring to you all an amazing quiz on finance. Let`s be fair to ourselves and give a challenge to our learning till date. So, here comes the show:

  1. This is a stringent test that indicates whether a firm has enough short-term assets to cover its immediate liabilities without selling inventory.
  2. This phrase is Latin for “according to value”. It is a tax based on the assessed value of real estate or personal property.
  3. An interest rate swaps whose notional value adjusts according to rising interest rates by indexing the floating portion to a Constant Maturity Swap (CMS). Continue reading