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The day count is also used to quantify periods of time when discounting a cash-flow to its present value. When a security such as a bond is sold between interest payment dates, the seller is eligible to some fraction of the coupon amount. The day count convention is used in many other formulas in financial mathematics as well.
Coupon collector's problem. In probability theory, the coupon collector's problem refers to mathematical analysis of "collect all coupons and win" contests. It asks the following question: if each box of a given product (e.g., breakfast cereals) contains a coupon, and there are n different types of coupons, what is the probability that more ...
Brain Age uses the touch screen and microphone for many puzzles. It has received both commercial and critical success, selling 19.01 million copies worldwide (as of September 30, 2015) [3] and has received multiple awards for its quality and innovation. [4] [5] There has been controversy over the game's scientific effectiveness.
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The airline ticket may be one of two types: a paper ticket, which comprises coupons or vouchers; and an electronic ticket (commonly referred to as an e-ticket ). The ticket, in either form, is required to obtain a boarding pass during check-in at the airport. Then with the boarding pass and the attached ticket, the passenger is allowed to board ...
To separate out the effect of the coupon payments, the accrued interest between coupon dates is subtracted from the value determined by the dirty price to arrive at the clean price. [1] The accrued interest is based on the day count convention, coupon rate, and number of days from the preceding coupon payment date. [2]
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Football pools. The Totocalcio Logo. In the United Kingdom, the football pools, often referred to as "the pools", is a betting pool based on predicting the outcome of association football matches taking place in the coming week. The pools are typically cheap to enter, and may encourage gamblers to enter several bets.