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These discounts are intended to speed payment and thereby provide cash flow to the firm. They are sometimes used as a promotional device. Examples. 2/10 net 30 - this means the buyer must pay within 30 days of the invoice date, but will receive a 2% discount if they pay within 10 days of the invoice date.
The Future app offers 10% cash back on your energy bills for a year when you connect your existing utilities to clean-energy company Arcadia and pay your bill with the FutureCard, a free virtual ...
Consider a bond with a $1000 face value, 5% coupon rate and 6.5% annual yield, with maturity in 5 years. The steps to compute duration are the following: 1. Estimate the bond value The coupons will be $50 in years 1, 2, 3 and 4. Then, on year 5, the bond will pay coupon and principal, for a total of $1050.
And for two days only you can earn $15 Kohl's Cash for every $50 you spend (redeemable from Nov. 25- Dec. 6). Even better, right now you can also get an extra 15% off many items on the site (but ...
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%. What happens in the meantime?
From Wednesday through Sunday (March 10-14) Filene's Basement is having its annual Spring Designer Event, which is when it sells designer clothes at 30-80% off retail. Expect to see brands like ...