What Is the Zero-Volatility Spread (Z-Spread)? The Zero-volatility spread (Z-spread) is the constant spread that makes the price of a security equal to the present value of its cash flows when added to the yield at each point on the spot rate Treasury curve where cash flow is received. In other words, each cash flow is discounted at the appropriate …
Read More »Top 15 children who are really super well dressed for Halloween
If there’s a good reason to celebrate Halloween, it’s to dress up your children. Some, however, are not afraid to go far, very far, too far to have the best disguises that scare and we prove it to you in a very illustrative way below. 2. I don’t know what it is but I find it tasty 3. Hope they …
Read More »Top 60 idées cadeaux 20 ans, pour homme et femme
Vous avez tout donné avec le cadeau des 18 ans et maintenant vous ne savez pas comment faire mieux ? Alors déjà la technique c’est d’être toujours décevant pour, aux mieux, créer une bonne surprise mais que globalement, personne n’attende rien de vous. Maintenant que vous êtes dans le pétrin, on vous file un coup de main histoire que vous …
Read More »Strip Definition
What Is a Strip? A strip is a bond coupon that has been removed from the bond so that the two parts can be sold separately, as an interest-paying coupon bond and as a zero-coupon bond. This process is handled by the brokerage or other financial institution that sells the products. A strip is also referred to as a stripped …
Read More »Top 15 signs that this person is a bad person, we can feel it from here
Not easy to realize that the people around us are not the people we thought. Yes, it’s not uncommon for a stylish person to actually be an asshole. To avoid this kind of disappointment that makes you want to never make friends again, here’s a little test to do on those around you to assess their level of toxicity. So, …
Read More »Top 10 tips for becoming a survivalist, for sucking rocks and eating leaves
Do you know survivalism? This is the principle of preparing as well as possible for an apocalyptic catastrophe and it concerns for the moment a few illuminated rather rare vanguards. However, what if they were ultimately right? Imagine that a real disaster is coming and that the most trained and prepared are the only ones to survive? Not to mention …
Read More »How Dumb Money Can Become Smart Money
If your broker decided to give you a grade on your trading tactics, based on whether the trades you were making added any value to your portfoliowhat kind of marks would you receive? It may seem like an outlandish concept, but one online brokerage did just that—and the results are somewhat surprising. The investors who were graded actually adjusted their …
Read More »Top 20 things you never see in Paris, and no one is surprised
If you’ve ever read “Moscow Mule: 11€” on a sticky plastic card and you’ve already been extorted by a one-eyed pigeon, you probably live in Paris. Everyone knows that Paris is the most beautiful city in France; what am I saying, the most beautiful city in the world and yet, nobody seems really happy to live there. We explain why …
Read More »Top 20 of the worst things that can happen to you after your death, what to want to stay alive for a long time
Whether or not you believe in life after death, you probably want to leave a good image of yourself the day you cry. You would like everything to go smoothly, for everyone to keep a good memory of your little face and even for us to regret your departure a little (it always pleases the ego of people who cry). …
Read More »