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2. Floating rate note - Wikipedia

   en.wikipedia.org/wiki/Floating_rate_note

   Floating rate notes (FRNs) are bonds that have a variable coupon, equal to a money market reference rate, like SOFR or federal funds rate, plus a quoted spread (also known as quoted margin). The spread is a rate that remains constant. Almost all FRNs have quarterly coupons, i.e. they pay out interest every three months.

3. Zero-coupon bond - Wikipedia

   en.wikipedia.org/wiki/Zero-coupon_bond

   Zero coupon bonds have a duration equal to the bond's time to maturity, which makes them sensitive to any changes in the interest rates. Investment banks or dealers may separate coupons from the principal of coupon bonds, which is known as the residue, so that different investors may receive the principal and each of the coupon payments.

4. Duration (finance) - Wikipedia

   en.wikipedia.org/wiki/Duration_(finance)

   Duration (finance) In finance, the duration of a financial asset that consists of fixed cash flows, such as a bond, is the weighted average of the times until those fixed cash flows are received. When the price of an asset is considered as a function of yield, duration also measures the price sensitivity to yield, the rate of change of price ...

5. Number of 401(k) ‘millionaires’ reaches new high - AOL

   www.aol.com/number-401-k-millionaires-reaches...

   And it reflects a combination of employee contributions (9.4%) plus an employer match (4.8%). The average 401(k) balance across all participants rose to $127,100, up 1% from the first quarter, and ...

6. Illinois - Wikipedia

   en.wikipedia.org/wiki/Illinois

   However, as Indiana had successfully been granted a 10 mi (16 km) northern extension of its boundary to provide it with a usable lakefront, the original bill for Illinois statehood, submitted to Congress on January 23, 1818, stipulated a northern border at the same latitude as Indiana's, which is defined as 10 miles north of the southernmost ...

7. FromSoftware - Wikipedia

   en.wikipedia.org/wiki/FromSoftware

   FromSoftware, Inc. is a Japanese video game development and publishing company. It was founded by Naotoshi Zin in Tokyo on November 1, 1986. Initially a developer of business software, the company released their first video game, King's Field, for the PlayStation in 1994. Its success shifted FromSoftware to focus fully on games, with them ...