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Therefore, over the two years the hedge fund pays the bank 2 * 5% * $10 million = $1 million, but receives 1 * 2.5% * $10 million = $250,000, giving a total loss of $750,000. This loss is smaller than the $1 million loss that would have occurred if the second transaction had not been entered into.
Napoleonic Code. The Napoleonic Code ( French: Code Napoléon ), officially the Civil Code of the French ( French: Code civil des Français; simply referred to as Code civil ), is the French civil code established during the French Consulate in 1804 and still in force in France, although heavily and frequently amended since its inception. [1]
Area codes 305, 786, and 645. Area codes 305, 786, and 645 are telephone area codes in the North American Numbering Plan (NANP) for Miami, Florida, Miami-Dade County, and the part of Monroe County in the Florida Keys in the United States. The mainland portion of Monroe County is served by area code 239 .
He is one of five champions to win wire-to-wire with his victory in 1960. Tiger Woods, five-time Masters Champion in 1997, 2001, 2002, 2005, and 2019. Tiger is one of three golfers to successfully defend his title. Sam Snead, three-time Masters Champion in 1949, 1952, 1954. Gary Player, three-time Masters Champion in 1961, 1974, and 1978, and ...
The dust jacket of the US version of Dan Brown's 2003 novel The Da Vinci Code contains two references to Kryptos—one on the back cover (coordinates printed light red on dark red, vertically next to the blurbs) is a reference to the coordinates mentioned in the plaintext of passage 2, except the degree digit is off by one. When Brown and his ...
D. B. Cooper was an unidentified man who hijacked Northwest Orient Airlines Flight 305, a Boeing 727 aircraft, in United States airspace on November 24, 1971. During the flight from Portland, Oregon, to Seattle, Washington, the hijacker told a flight attendant he had a bomb, demanded $200,000 in ransom (equivalent to approximately $1,500,000 in ...
On February 25, 2021, AT&T announced that it would spin-off DirecTV, U-Verse TV, and DirecTV Stream into a separate entity, selling a 30% stake to TPG Capital (owners of Astound Broadband cable), while retaining a 70% stake in the new standalone company. The deal was closed on August 2, 2021.
California has a budget deficit of $27.6 billion, Gov. Gavin Newsom announced Friday — a gap so wide that he's proposing cutting 10,000 vacant state jobs and suspending some widely used business ...
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