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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.
The FBISE was established under the FBISE Act 1975. [2] It is an autonomous body of working under the Ministry of Federal Education and Professional Training. [3] The official website of FBISE was launched on June 7, 2001, and was inaugurated by Mrs. Zobaida Jalal, the Minister for Education [4] The first-ever online result of FBISE was announced on 18 August 2001. [5]
A mathematical symbol is a figure or a combination of figures that is used to represent a mathematical object, an action on mathematical objects, a relation between mathematical objects, or for structuring the other symbols that occur in a formula. As formulas are entirely constituted with symbols of various types, many symbols are needed for ...
Refugee breaker Manizha Talash, or “b-girl Talash,” was disqualified from the first ever Olympic breaking competition on Friday after she wore a cape that said “Free Afghan Women" during her ...
A Fox Sports broadcast camera before a game between the Philadelphia Eagles and the Los Angeles Rams at SoFi Stadium on Oct. 8, 2023, in Inglewood, Calif. (Ric Tapia/Getty Images) (Ric Tapia via ...
In the southwestern Sichuan province, more than 10 people were killed and 29 remained missing as of Sunday afternoon after flash floods hit a village in Hanyuan County early Saturday, CCTV reported.
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In mathematics, the logarithm is the inverse function to exponentiation. That means that the logarithm of a number x to the base b is the exponent to which b must be raised to produce x. For example, since 1000 = 103, the logarithm base of 1000 is 3, or log10 (1000) = 3.