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From 1972 to 1974, Shapiro served as Maryland State Securities Commissioner. In 1972, he founded a Baltimore law firm now known as Shapiro Sher. [3] Subsequently, in 1976, Shapiro founded Shapiro, Robinson & Associates, [4] a sports management firm. In 1995, he founded Shapiro Negotiations Institute, [5] a negotiation seminar and consulting firm.
t. e. A zero-coupon bond (also discount bond or deep discount bond) is a bond in which the face value is repaid at the time of maturity. [1] Unlike regular bonds, it does not make periodic interest payments or have so-called coupons, hence the term zero-coupon bond. When the bond reaches maturity, its investor receives its par (or face) value.
Finally, there are sometimes group discounts on rail tickets and passes (second-degree price discrimination). Coupons. The use of coupons in retail is an attempt to distinguish customers by their reserve price. The assumption is that people who go through the trouble of collecting coupons have greater price sensitivity than those who do not.
The Raytheon Company was founded in 1922 in Cambridge, Massachusetts, by Laurence K. Marshall, Vannevar Bush, and Charles G. Smith as the American Appliance Company. [13] Its focus, which was originally on new refrigeration technology, soon shifted to electronics. The company's first product was a gaseous ( helium) rectifier that was based on ...
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