The June date is based on how existing Authorized Campus Stores have started to clear out Apple computers at cost, which an example being the store at the University of Victoria (UVic). Once supplies have sold out campus stores will only sell accessories and peripherals.
Explicit leverage is money or assets contractually borrowed for a fee. As a hedge fund investor, it is important to know whether your hedge funds are using these types of products and how much risk they add to your portfolio. One way to figure this out is by reviewing the often overlooked audited financial statements.
Leveraged Acquisition Finance is the provision of bank loans and the issue of high yield bonds to fund acquisitions of companies or parts of companies by an existing internal management team (a management buy-out), an external management team (a management buy-in) or a third party (an acquisition).