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In the case where the only discount rate one has is not a zero-rate (neither taken from a zero-coupon bond nor converted from a swap rate to a zero-rate through bootstrapping) but an annually-compounded rate (for example if the benchmark is a US Treasury bond with annual coupons) and one only has its yield to maturity, one would use an annually ...
In finance, a coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond . Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. For example, if a bond has a face value of ...
Billie Holiday. Billie Holiday (born Eleanora Fagan; April 7, 1915 – July 17, 1959) was an American jazz and swing music singer. Nicknamed " Lady Day " by her friend and music partner, Lester Young, Holiday made a significant contribution to jazz music and pop singing. Her vocal style, strongly influenced by jazz instrumentalists, inspired a ...
A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year. This is similar to nominal GDP per capita but adjusted for the cost of living in each country.
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Michael Omartian. " We Are the World " is a charity single originally recorded by the supergroup USA for Africa in 1985. It was written by Michael Jackson and Lionel Richie and produced by Quincy Jones and Michael Omartian for the album We Are the World. With sales in excess of 20 million copies, it is the eighth- best-selling physical single ...
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