And, naturally, There may be also an “desire on interest” influence of PIK: when a portion of the margin is PIK’d, that portion is additional towards the principal (and therefore accrues interest). Therefore, lenders acquire compensation for that greater danger related to this attribute in two means: the premium and the curiosity been given i… Read More

If you’ve ever walked through a casino, chances are you've spent time at the blackjack tables. It’s been a go-to for gamblers for decades, but things are changing—and fast. Especially if you’ve been in Nevada lately, you may have noticed that there are far fewer blackjack tables. And, to make matters worse, the payouts aren’t what they us… Read More