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Y2K is a numeronym and was the common abbreviation for the year 2000 software problem. The abbreviation combines the letter Y for "year", the number 2 and a capitalized version of k for the SI unit prefix kilo meaning 1000; hence, 2K signifies 2000.
Consider a 30-year zero-coupon bond with a face value of $100. If the bond is priced at an annual YTM of 10%, it will cost $5.73 today (the present value of this cash flow, 100/(1.1) 30 = 5.73). Over the coming 30 years, the price will advance to $100, and the annualized return will be 10%.
Christianity is an Abrahamic monotheistic religion based on the life and teachings of Jesus Christ.It is the world's largest and most widespread religion with roughly 2.4 billion followers, comprising around 31.2% of the world population. [8]
Due to a rise in costs and a decline in sales prices, Malawi is encouraging farmers away from tobacco towards more profitable crops, including spices such as paprika. The move away from tobacco is further fueled by likely World Health Organisation moves against the particular type of tobacco that Malawi produces, burley leaf.
British Airways obtained a 15% stake in UK regional airline Flybe from the sale of BA Connect in March 2007. [104] It sold the stake in 2014. BA also owned a 10% stake in InterCapital and Regional Rail (ICRR), the company that managed the operations of Eurostar (UK) Ltd from 1998 to 2010, [105] [106] when the management of Eurostar was ...
Twister is a 1996 American disaster film directed by Jan de Bont and written by Michael Crichton and Anne-Marie Martin.It was produced by Crichton, Kathleen Kennedy, and Ian Bryce, with Steven Spielberg, Walter Parkes, Laurie MacDonald, and Gerald R. Molen serving as executive producers.
Zero coupon bonds have a duration equal to the bond's time to maturity, which makes them sensitive to any changes in the interest rates. Investment banks or dealers may separate coupons from the principal of coupon bonds, which is known as the residue, so that different investors may receive the principal and each of the coupon payments.
Stock A over the past 20 years had an average return of 10 percent, with a standard deviation of 20 percentage points (pp) and Stock B, over the same period, had average returns of 12 percent but a higher standard deviation of 30 pp. On the basis of risk and return, an investor may decide that Stock A is the safer choice, because Stock B's ...
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