Relative return is the return that an asset can achieve in the given period of time compared to the benchmark. It is the difference between the asset’s and the benchmark return.
Relative return is the return that an asset can achieve in the given period of time compared to the benchmark. It is the difference between the asset’s and the benchmark return.
Macaroni defense is one of the defense approaches that includes issuing a large amount of bonds which have to be redeemed at high price in case the target company is taken over after all.