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Smallpox was an infectious disease caused by variola virus (often called smallpox virus), which belongs to the genus Orthopoxvirus. [7] [11] The last naturally occurring case was diagnosed in October 1977, and the World Health Organization (WHO) certified the global eradication of the disease in 1980, [10] making smallpox the only human disease to have been eradicated to date.
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.
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. [2] For example, if a bond has a face value of $1,000 and a coupon rate of 5%, then it pays total coupons of $50 per year.
[3] [6] On the basis of these results, a record 306 constituencies were headed to three-way runoffs and 5 to four-way runoffs, [7] but 134 NFP and 82 Ensemble candidates withdrew despite qualifying for the run-off in order to reduce the RN's chances of winning an absolute majority of seats. [8] [9]
[9] [10] Fabius used attrition warfare against Hannibal, cutting off his supply lines and avoiding pitched battles. These tactics proved unpopular with the Romans who, as they recovered from the shock of Hannibal's victories, began to question the wisdom of the Fabian strategy, which had given the Carthaginian army a chance to regroup. [11]
His starting salary was $12,000 a year (about $136,000 today). [23] There he worked closely with Walter Schloss. Graham was adamant that stock picks should provide a wide margin of safety after weighing the trade-off between their price and their intrinsic value. In 1956, Benjamin Graham retired and closed his partnership.
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