Financial Exam Help 123

Prepaid Variable Forward (PVF)

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by

Bill Campbell
in

A prepaid variable forward (PVF) is a hybrid security that is quite useful in monetizing a concentrated position in publicly traded stock.  In essence, a PVF is a combination of an equity collar and a loan.  A simple example will make it clear how a PVF works, and how it can be used to monetize […]

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