Spot Rate and Forward Rate Spot Rate: It is nothing more than the YTM on bond. It is the rate of interest on bond maturing at any time in the future. It is also known as geometric average of 1 year forward rates in the future. Hence‚ YTM on bonds can be calculated as: When forward rates are given then; oS1 = oF1 oS2 = [(1+of1)(1+1F2)](1/2) -1 oS3 = [(1+of1)(1+1F2)(1+2F3)](1/3) -1 and so on. Forward Rates: It is the interest rate established today ‚ that will be paid on money to
Premium Bond
robotics; while all of the floor workers are used to putting their welding skills to the test they have transferred to automatic industrial welding robotics. While spot welding is a huge step in welding‚ these welds may not be as precise when put into human hands. The automatic machines have been developed to have extreme precise spot welds to help strengthen the weld. This is possible due to the extreme about of analog and digital signals; since these are so precise
Premium Robot Welding Robotics
My Favorite Restaurant Every year for my birthday we go out as a family to my favorite restaurant‚ Benihana! For those of you that are ready to have a good time with family or friends this place is definitely the place to go‚ but it is best to book a reservation ahead of time it isn’t a secret to society. Benihana is an all-time favorite restaurant of mine‚ with great location‚ unforgettable entertainment and an excellent menu choice. Benihana is an all-time favorite restaurant of mine because
Premium Entertainment Food Cooking
How Celebrity Culture Affects Our Lives Posted in: Arts & Entertainment‚ December 2010 Diane Qi‚ Arts & Entertainment Journalist One of the strongest influences in the lives of many North American teenagers is celebrity culture. Tabloids such as people‚ and TV shows like e-talk and TMZ fuel our appetite for details about the personal lives of celebrities‚ while the style statements lauded by pop stars determine trends in fashion and beauty. But‚ the truth is that this carefully nurtured
Premium Celebrity People
My Daily Superhero My favorite superhero does not have superman figure‚ or the agility of Spiderman. My favorite superhero does not run like flash or fly like Iron Man. Also he does not have the strength of the Incredible Hulk. By contrast‚ he is short and now even has to wear glasses to read the important papers. My favorite superhero has no coat‚ no Batmobile‚ but instead has many debts and a lot of gray in the head. My favorite superhero‚ no doubt‚ is my dad For nobody else‚ my father is a hero
Premium Superhero Joker Stan Lee
Andrea Cropp Descriptive essay Do you have a favorite room in your house? Mine just so happens to be my bedroom. My bedroom is a place where I can go to relax‚ or to have some alone time. I like my room because the design‚ layout‚ and décor were all chosen by me to suit my needs. A person walking into my favorite room is able to learn about my likes and dislikes very easily. The room describes my personality. If you were asked to describe your favorite room in your home what would you say? The
Premium Left-wing politics Odor The Wall
becomes congested during sexual arousal; therefore‚ male erection equals erection of the female erectile organs. The correct anatomical term to describe the erectile tissues responsible for female orgasm is the female penis. Vaginal orgasm and the G-spot do not exist. These claims are found in numerous articles that have been written by Addiego F‚ Whipple B‚ Jannini E‚ Buisson O‚ O’Connell H‚ Brody S‚ Ostrzenski A‚ and others‚ have no scientific basis. Orgasm is an intense sensation of pleasure achieved
Premium Penis Orgasm Sexual arousal
carefully to what the person says‚ and try to “catch” him or her saying a slip or something contradictory. Most liars are experienced they’ve been practicing for a long time. They are very careful about what they say; therefore‚ they seldom make a slip. To spot a liar stop paying attention to what is said. Instead‚ | attention to the person’s voice‚ face‚ and body. How a person speaks reveals more than what he or she says. While choice of words is easy to control‚ the voice often betrays one’s emotions
Premium Psychology Facial expression Feeling
My Favorite Room Walking through the front door of my apartment‚ I enter my favorite and most relaxing place to be: the living room. Sitting in my living room I feel relaxed and stress free. The first thing I see when I walk in is my wife’s shoe rack. To the left is her creepy monkey picture. When I look to the right I can see the whole room. I try to keep it nice and clean‚ but with school work‚ it doesn’t always stay that way. As I sit down on my big comfortable couch‚ I look up at my huge three
Premium Political spectrum Left-wing politics Chair
“My Favorite Gadget” “I guess the reality is‚ everybody today has so many gadgets.”(Barbara Brocolli) I have appreciated many gadgets but the closest to my heart is my one and only cellphone. It may not be one of the latest editions of phones nowadays‚ but I do love two of its several features – messaging and calendar. These two are the attributes that I usually utilize every day. Using its messaging feature‚ I can communicate with my parents‚ relatives‚ and friends through sending and receiving
Free Mobile phone Communication Message