What is ß
A measure of stock volatility in relation to the overall market
=> How much the stock price moves relative to the market
What is the difference between equity ß and debt ß
Equity ß => refer to risks with stock options
Debt ß => Risk with company’s bond and fixed-income instruments
Consideration in M&A
Means of payements used by the acquierer
Cash Sweep
Mandatory use of excess cash to pay outstanding debt rather than shareholders