Image: Flickr user Zoll Erdos. Most, but not all, preferred stocks have a "cumulative" provision. This says that, if any dividend payments have been skipped, they must be paid out to preferred ...
This article explains how Fixed Deposit interest is calculated across different payout structures, the role of compounding, ...
As a rule of thumb, its going to be a little more then that of the highest fan because anything quieter then the loudest won't be very noticable.<BR><BR>If you want the exact forumla its in the C&CF ...