What Is Effective Duration? Effective duration is a duration calculation for bonds that have embedded options. This measure of duration takes into account the fact that expected cash flows will fluctuate as interest rates change and is, therefore, a measure of risk. Effective duration can be estimated using modified duration if a bond with embedded…
Do you think stars, even if they are rich and famous, are still humans like us who also go to the bathroom? Maybe. Nevertheless, some celebrities – who do have basic needs requiring going to the toilet – are completely disconnected from reality. It is enough to listen to them to capture that they do…
Hi to you lovers of confusion and altercations. Do you rejoice when you see people being clashed on the Internet? GOOD NEWS. You’ve come to the right place kids. Here, we show you the crème de la crème of clashes that hurt. Each month, you are selected for murderous projections by interposed keyboards, when you…
Which annual investment return would you prefer to earn: 9% or 10%? All things being equal, of course, anyone would rather earn 10% than 9%. However, when it comes to calculating annualized investment returns, all things are not equal, and differences between calculation methods can produce striking dissimilarities over time. In this article, we’ll show…
Twitter has given us another moment of grace in recent days. It all started with a tweet from Gaspardo who, to poke fun at Americans who weren’t geo-deficient (pleonasm), invented a new country west of Portugal: Listenbourg. Everything could have ended there, and it would have already been funny, but the thing got carried away…
I heard you bitching at school ” gnagnana too bad, I have to learn the figures of speech gnagnagna it’s useless gnagnagna” (yes, you often said “gnagnana”), and you were wrong. You were wrong because in reality, figures of speech are not as boring as it looks, and especially because we use them all the…
Halloween is the best time of the year for people who like to dress up, watch horror movies and stuff themselves with candy. Each year, the stars redouble their efforts to have the best disguise possible and given the budget, it never fails. 1. Heidi Klum dressed up as a giant earthworm And her husband…
Scientists love to ask how we live longer and why we die younger. Great. We have already been offered two tests of first necessity: “are you dead? and “what are you going to die of?”. However, these studies should also put you on the track of longevity. 1. Thinking we’re healthy makes us live longer…
I never understood horror movie fans. People who fuck themselves in front of a screen to piss on themselves voluntarily while making sure to have nightmares for days and days. Those who like to inflict small traumas on themselves like that, tranquillou bilou. Finally… let’s move on! That is not the subject. The thing with…