Equities, Analysis, and Corporate Actions

Free FINRA Series 7 (General Securities Representative) lesson in Investment Products and Recommendations. 23 min read, ~3,430 words.

Systematic risk cannot be diversified away (interest rate, inflation, market risk); nonsystematic risk (business, financial, regulatory) can be diversified. Beta measures market sensitivity: beta 1.0 moves with the market, beta above 1.0 is more volatile (beta 1.5 = 50% more volatile). EPS = (Net Income - Preferred Dividends) / Common...

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