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Intertemporal CAPM (I-CAPM)

Intertemporal CAPM (I-CAPM)

I-CAPM was first introduced in 1973 by Merton. It is an extension of CAPM which recognizes not only the familiar time-independent CAPM beta relationship, but also additional factors that change over time (hence “intertemporal”).

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Copyright 2011 Eric Bank, Freelance Writer
Dividend and Interest Accrual

Dividend and Interest Accrual

Many trading firms, especially ones that are not self-clearing, use prime brokerages to maintain accounting books and records on the trading firm’s behalf. Accrual accounting is used: items are recognized when they are earned and expenses recognized when they are incurred. Because accrued-based accounting is used, in some cases accruals are set up in theRead more about Dividend and Interest Accrual[…]

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Copyright 2011 Eric Bank, Freelance Writer