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The New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day (from 71.42 to 74.56). However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but ...
In probability theory, the birthday problem asks for the probability that, in a set of n randomly chosen people, at least two will share a birthday. The birthday paradox refers to the counterintuitive fact that only 23 people are needed for that probability to exceed 50%. The birthday paradox is a veridical paradox: it seems wrong at first ...
v. t. e. 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.
The 1% Club is an American game show, with its setup identically based on the British game show of the same name.Contestants are given a very short amount time to solve brain teaser questions, with questions getting significantly more difficult as the game continues, as statistically a progressively smaller percentage of people, according to the producers, answered each subsequent question ...
On the film review aggregation website Rotten Tomatoes, films that every surveyed critic [ 1] considered bad have a 0% rating. [ 2][ 3][ 4] As of 2023, only 40 films with more than 20 reviews have received this rating. The Ringer, analyzing films' Rotten Tomatoes scores compared to change in profit margin, estimated that a film with a 0% rating ...
Net 10, net 15, net 30 and net 60 (often hyphenated "net-" and/or followed by "days", e.g., "net 10 days") are payment terms for trade credit, which specify that the net amount (the total outstanding on the invoice) is expected to be paid in full by the buyer within 10, 15, 30 or 60 days of the date when the goods are dispatched or the service is completed.
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