BMC bomberg Market Camp KNOWLEDGE CHECK What is the prime reason that Jenny's discretionary income is more volatile than her salary? Her mortgage payments and necessities are forced Her discretionary income and salary are equally volatie Outline Transcript Defining an equity Comparison of bonds and eq The effect of borrowing The effect of borrowing, Pe... The effect of borrowing, Pa... Knowledge check Difference between bonds an. Rights of bond holders and sh... Stock market volatility Feed Income volatility Calculating returns from indices * Returns from dividends Volatility comparison Returns are nominal Comparing equity and bander. Asymmetry of returns Section Summary Conclusion Her cost of living is affected by high inflation in the neighborhood. be Her tax rate remains 30% IN