... Illustration: Valuing a Console Bond A console bond is a bond that has no maturity and pays a fixed coupon Assume that you have a 6% coupon console bond The value of this bond, if the interest rate ... life ofthe bond) + Face Value (PV ofa Single Cash Flow) Illustration: The Value ofa Straight Bond Say you are trying to value a straight bond with a 15-year maturity and a 10.75% coupon rate The ... higher than the future value of an equivalent annuity at the end of each period Illustration : IRA - Saving At The Beginning Of Each Period Instead OfThe End Consider again the example of an individual...
... Periodically, RAND Corporation researchers publish with commercial presses These books are not available from RAND but can be requested directly from the publisher, except in cases where the rights ... requested directly from the publisher, except in cases where the rights have reverted to RAND and we have republished a new edition ...
... following paragraph The most important idea is always placed at the beginning ofa paragraph Disregarding time order, the reporter can arrange his material in the descending order of importance details ... described at the former paragraph about the Wall Street And the sub-title part is at the upper one to re-inform that the financial companies have on average $13.4 billion in daily borrowing For the above ... language as well as indicating any change of language and life Because language is a mean of human interaction and people are social beings in a society with specific values, norm and cultural traditions,...
... practical application, a considerable disadvantage ofthe majority ofthe degradation processes introduced above is the need to add external agents into the aqueous medium In such situation, the ... of contaminated water provides a simple technique for the oxidation and mineralization of water contaminants without the addition of supplementary oxidants For example, it has being used in the ... decomposition reaction of H2O2 - - with the deprotonated species HO2 ions and the scavenging effect of HO2 to hydroxyl radicals (Shen et al., 1995) at alkaline conditions The contributions onthe decomposition...
... is newspaper that is the most typical mean of indicating language as well as indicating any change of language and life Because language is a mean of human interaction and people are social beings ... ofa social group The system of language is a part of shared cultural knowledge of social groups, and ways of communicating are an important part ofthe observable behavior of people in social ... regional or national or international level The main conveyor of news is newspaper Neither the advent of television nor that of internet could affect the importance ofthe newspaper The reason for...
... employees) Deferral fractions are at or above these benchmarks at both the U.S banking organizations and the FBOs in the horizontal review In some cases, substantial deferral fractions are achieved in ... banking organization, such as credit, market, liquidity, operational, legal, compliance, and reputational risks, as well as other risks to the viability or operation ofthe organization Some of these ... example, unbalanced incentive compensation arrangements can place substantial strain onthe risk-management and internal control functions of even well-managed organizations Therefore, risk-management...
... position as a stable and growing economy in the Asia-Pacific region Onthe other hand: • Australia’s rapid adjustment over the past two decades has been at the expense ofthe maintenance and/or the ... the scale necessary to achieve international competitiveness, and many ofthe multinational companies operating in Australia are focused onthe Australian domestic market rather than on global ... investment and locational challenges The reduction of trade and investment barriers and the global rationalisation of production have changed the motives for location While there are a number of attributes...
... jurisdiction ofthe Municipal Company of Telecommunications, Potable Water, Sewage and Wastewater Treatment (ETAPA), and is managed by the Municipal Corporation of Cajas National Park The municipal ... provide further guidance on accessing the websites of networks in Africa, Latin America and the Caribbean, the Middle East and North Africa, South Asia and Southeast Asia 31 Making the Case H owever ... water and air, protection against disasters, maintenance of water flow, and protection against the impacts of climate change and climate variability) The value of these goods and services remains...
... interaction of many other brain regions, including the basal ganglia and thalamus, the cerebellum and a large number of neuron groups located within the midbrain and brainstem—regions that connect ... brain adjusts its performance and control of behavior in response to a changing environment Hormones are important agents of protection and adaptation, but stress and stress hormones also can alter ... target neurons can be located at a considerable distance, sometimes at opposite sides ofthe brain In the case ofa motor neuron, the axon may travel from the spinal cord all the way down to a...
... in a non-tangential angle of opening a at ζ, then a short calculation shows that lim sup z→ζ δϕ(D)(z) απ ≤ tan δD (z) and the assertion follows □ Jones Journal of Inequalities and Applications ... of Ω plays a complicated role in the behaviour of We conclude this section by constructing a domain that displays very bad boundary properties This answers a question of Madigan and Matheson ... References Anderson, JM: Bloch Functions: The Basic Theory Operators and Function Theory D Reidel 1–17 (1985) Madigan, K, Matheson, A: Compact Composition Operators onthe Bloch Space Trans Am Math...
... row-span of this table Since the dimension ofthe row-span ofa matrix is equal to the dimension of its column-span, we can equally well study the dimension ofthe space spanned by the columns ofthe ... essentially what we are looking at (The defining representation of Sn consists ofthe direct sum ofthe reflection representation and the trivial representation This trivial summand has no significant ... generating functions fλ (q) as rational functions over a common denominator; then the dimension of their span is bounded above by plus the degree of their numerators For example, one can see without...
... aB + k b ∼ exp √ in (A. 1) and note that in the matching region n/(2k b) ∼ We recall that a = b(1 − n2−k /b) The integrand in (A. 1) has a saddle point at B = a and a standard application ofthe ... large b and n, the conditions under which (c)–(e) apply may not be satisfied for any k However, for a fixed large b and k, we can always find a range of n such that each ofthe parts of Theorem apply ... [17]) are very useful In these applications, the parameter b is quite large, and may depend on n There are other applications of b-tries in computer science, communications and biology Among these...
... theory A survey paper by P K Wong [8] in 1982 refers to 70 publications The study of cages has led to interesting applications of algebra to graph theory Recently, it also attracted some attention ... using Hall’s Theorem that B has a 1-factor, M By the definition ofthe bipartite graph B, the distance between two end vertices of each edge in M is at least g − Now consider the k-regular graph ... completes the proof References [1] J .A Bondy and U.S.R Murty,Graph Theory with Applications, North Holland, Amsterdam, (1976) [2] G Brinkmann, B.D McKay, and C Saager, The smallest cubic graphs of girth...
... Discussion Cell adhesion molecules (CAMs) play an important role in both the initiation and signaling of axon-glial contact Among them, neurofascin is a chick neurite-associated surface glycoprotein ... cytoplasm of Schwann cell From these investigations of NF localization in rat sciatic nerve, we propose that neurofascin may be a plasmalemmal integral protein of Schwann cell in the paranode and ... plays some important roles for the maintenance of axo-glial junctions at the paranode It may also have some roles for maintaining the structure of Schmidt-Lanterman incisure and have some relations...
... five and two players choose any pair of complement strings (except for the pair 11 10 and 00 01), then the third player can always attain an advantage by choosing a particular string Before ... has the same or better chance of occurring before σ1 and σ2 Proof The proof can be shown in a similar fashion to that of Theorem 2, so it is omitted Remark It should be noted that the inequalities ... i.e., either σ1 or σ2 has the better chance of occurring before σ3 Proof The proof is similar to that of Theorem and therefore omitted the electronic journal of combinatorics 17 (2010), #N5 Theorem...
... Theorem and may be seen as analogous to Theorem 1.2 of [3] In [3], partially for convenience, some assumptions are made about the connectivity of G which are not made in this note For related work on ... [1] Andrew Berget, Andrew Manion, Molly Maxwell, Aaron Potechin, and Victor Reiner The critical group ofa line graph arxiv:math.CO/0904.1246 [2] Alexander E Holroyd, Lionel Levine, Karola M´sz´ros, ... rooted at w∗ It is a well-known consequence ofthe matrix-tree theorem that the number of elements ofthe sandpile group with sink w∗ is equal to κ(G, w∗ ) For a basic exposition ofthe properties...
... correct, the conditional mean minimizes the mean square error of prediction, and because selection based onthe conditional mean maximizes the mean ofthe selected candidates [2, 13], the conditional ... for each analysis Figures and summarize the corresponding 200 values for each ofthe nine situations ofthe purebred data case, and each ofthe four situations ofthe crossbred data case, in the ... for situations 10 and 11 For situation 10, the correlation between the BP evaluation and the BLP evaluation was greater than 0.995 and thus FLM(3) was deemed to have an adequate number of loci...