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An acoustic guitar that once belonged to The Beatles star and was considered lost for 50 years sold at auction for nearly $3 million in New York City on Wednesday, May 29. Lennon used the 1964 ...
Day count convention. In finance, a day count convention determines how interest accrues over time for a variety of investments, including bonds, notes, loans, mortgages, medium-term notes, swaps, and forward rate agreements (FRAs). This determines the number of days between two coupon payments, thus calculating the amount transferred on ...