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In finance, a coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond . Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. For example, if a bond has a face value of ...
General George C. Marshall, the 50th U.S. Secretary of State. The Marshall Plan (officially the European Recovery Program, ERP) was an American initiative enacted in 1948 to provide foreign aid to Western Europe. The United States transferred $13.3 billion (equivalent to $173 billion in 2023) in economic recovery programs to Western European ...
The U.S. motto Novus ordo seclorum, meaning "A New Age Now Begins", is paraphrased from Thomas Paine's Common Sense, published January 10, 1776. "We have it in our power to begin the world over again," Paine wrote. The American Revolution ended an age—an age of monarchy. And, it began a new age—an age of freedom.
More than half of the $30 million that James Madison spent on football from 2010 to 2014 came from student fees, according to annual filings with the NCAA. All told, the university poured $146 million in subsidies into its athletics department over that period, spending more than $4 in student money for every $1 it earned from ticket sales ...
On May 25, 1979, American Airlines Flight 191, a McDonnell Douglas DC-10 on a Memorial Day weekend flight to Los Angeles International Airport, had its left engine detach while taking off from runway 32R, then stalled and crashed into a field some 4,600 feet (1,400 m) away. 273 died, including two on the ground, in the deadliest single-aircraft ...
Logo of Enron. The Enron scandal was an accounting scandal involving Enron Corporation, an American energy company based in Houston, Texas.When news of widespread fraud within the company became public in October 2001, the company declared bankruptcy and its accounting firm, Arthur Andersen – then one of the five largest audit and accountancy partnerships in the world – was effectively ...
The Wheel of Time is a series of high fantasy novels by American author Robert Jordan, with Brandon Sanderson as a co-author for the final three installments. Originally planned as a six-book series with the publication of The Eye of the World in 1990, The Wheel of Time came to span 14 volumes, in addition to a prequel novel and three companion ...
The Mount Edziza volcanic complex (MEVC) is a group of volcanoes and associated lava flows in northwest British Columbia, Canada. Located on the Tahltan Highland, the MEVC has a broad, steep-sided lava plateau; its highest summit is 2,786 metres (9,140 feet). Its volcanoes formed over the last 7.5 million years during five cycles of magmatic ...
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