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A collateralized mortgage obligation (CMO) is a complex debt security that repackages and directs the payments of principal and interest from a collateral pool to different types and maturities of securities. Learn about the history, purpose, structure, and types of CMOs, as well as the risks and benefits for investors.
Learn about numeral prefixes, which are derived from numerals or other numbers and used to coin words. Find out the meaning and origin of hexa, the Latin and Greek prefix for six, and other number prefixes in English and other languages.
A ratio shows how many times one number contains another, and can be written as a fraction, a colon, or a percentage. Learn about the origin, terminology, and applications of ratios in mathematics, physics, and other fields.
Learn how 30/360 methods calculate interest accrual for bonds and loans based on a 30-day month and a 360-day year. Compare different variations of 30/360 methods and their adjustment rules for US and European markets.
AOL Mail offers features like news, weather, security and spam-blocking for free. You can sign up for an AOL account and access your email on the go with an app or on the web.
A percentage is a number or ratio expressed as a fraction of 100, often denoted by the percent sign (%). Learn how to compute percentages, their history, and how to use them to compare proportions, changes, and rates.
A coupon is a document that can be redeemed for a discount or rebate when buying a product. Learn about the origin, function, and forms of coupons, as well as their taxation and trading issues.
A rational number is a number that can be expressed as the quotient or fraction of two integers. Learn about the properties, representations, construction, and history of rational numbers, and how they differ from irrational numbers.
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