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In finance, the rule of 72, the rule of 70 [1] and the rule of 69.3 are methods for estimating an investment's doubling time. The rule number (e.g., 72) is divided by the interest percentage per period (usually years) to obtain the approximate number of periods required for doubling.
This made a Wine Gallon "Reputed Pint" equivalent to 2 ⁄ 3 US liquid pint (10.66 US fluid oz.), 11.09 imp. oz, or 315 mL. Although the Imperial system was introduced in 1824, bottles of ale or beer were still sold in Reputed Pints (13.3 imperial oz) but were now based on the Imperial gallon (based on the British Ale Gallon).
The Marshall-Edgeworth index, credited to Marshall (1887) and Edgeworth (1925), [11] is a weighted relative of current period to base period sets of prices. This index uses the arithmetic average of the current and based period quantities for weighting. It is considered a pseudo-superlative formula and is symmetric. [12]
An imperial pint 570 ml of such lager (at 5.2% ABV) contains almost 3 units of alcohol [33] rather than the oft-quoted 2 units. Stronger beer (6–12%) may contain 2 UK units or more per imperial half pint. A half-litre (500 ml) of standard lager or ale (5%) contains 2.5 UK units.
The dual use of the word "duration", as both the weighted average time until repayment and as the percentage change in price, often causes confusion. Strictly speaking, Macaulay duration is the name given to the weighted average time until cash flows are received and is measured in years. Modified duration is the name given to the price ...
The return, or the holding period return, can be calculated over a single period.The single period may last any length of time. The overall period may, however, instead be divided into contiguous subperiods. This means that there is more than one time period, each sub-period beginning at the point in time where the previous one ended. In such a case, where there are
Here in the US, if you go to the liquor store and ask for a pint, you get 375 ml. If you ask for a half pint, you get 200 ml. At one time you could ask for a quart and get 1000 ml, but these days people mostly ask for a liter instead. If you just ask for "a bottle" you get 750 ml, which is also called a "fifth." An "airline bottle" is 50 ml.
In finance, bootstrapping is a method for constructing a (zero-coupon) fixed-income yield curve from the prices of a set of coupon-bearing products, e.g. bonds and swaps. [ 1 ] A bootstrapped curve , correspondingly, is one where the prices of the instruments used as an input to the curve, will be an exact output , when these same instruments ...