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In the United States a longer duty cycle is used, 50% for battery-powered buoys (20 seconds on, 20 seconds off) and 75% for on-shore beacons. Ramarks are wide-band beacons which transmit continuously on the radar bands without having to be triggered by an incoming radar signal. The transmission forms a line of Morse characters on the display ...
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 ...
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