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The Port of New York Authority (now the Port Authority of New York and New Jersey) leased the Idlewild property from the City of New York in 1947 [19]: 3 and maintains this lease today. [1] In March 1948, the City Council changed the official name to New York International Airport, Anderson Field , but the common name remained "Idlewild" until ...
Bond valuation, in that cashflows (coupons and return of principal, or "Face value") are deterministic, may proceed in the same fashion. [23] An immediate extension, Arbitrage-free bond pricing , discounts each cashflow at the market derived rate – i.e. at each coupon's corresponding zero rate , and of equivalent credit worthiness – as ...
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