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The assumption is that people who go through the trouble of collecting coupons have greater price sensitivity than those who do not. Thus, making coupons available enables, for instance, breakfast cereal makers to charge higher prices to price-insensitive customers, while still making some profit off customers who are more price-sensitive.
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.
In telecommunications and data storage, Manchester code (also known as phase encoding, or PE) is a line code in which the encoding of each data bit is either low then high, or high then low, for equal time. It is a self-clocking signal with no DC component. Consequently, electrical connections using a Manchester code are easily galvanically ...
However, as Indiana had successfully been granted a 10 mi (16 km) northern extension of its boundary to provide it with a usable lakefront, the original bill for Illinois statehood, submitted to Congress on January 23, 1818, stipulated a northern border at the same latitude as Indiana's, which is defined as 10 miles north of the southernmost ...
The US and many other countries primarily use E10 (10% ethanol, sometimes known as gasohol) and E85 (85% ethanol) ethanol/gasoline mixtures. Over time, it is believed that a material portion of the ≈150-billion-US-gallon (570,000,000 m 3 ) per year market for gasoline will begin to be replaced with fuel ethanol.
It is considered a religious obligation that the well-off owe the needy because their wealth is seen as a trust from God's bounty, [97] and is seen as a purification of one's excess wealth. [98] The total annual value contributed due to zakat is 15 times greater than global humanitarian aid donations, using conservative estimates. [ 99 ]
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