A zero-coupon bond pays no periodic interest payment instead all its return results from the difference in its initial offer price and the maturity value. Please follow the calculation below to see how we have used the PV function to determine the price we should pay for the bond:...
Basis points, otherwise known as BPS or bips, are a unit of measure used in finance to describe the percentage change in the value of financial instruments or the rate change in an index or other benchmark. Basis points are commonly used in reference to interest rates and bond yields. Howe...
Structural changes—in atomic positions, amplitudes of atomic vibration, bond angles, and the development of Dauphiné twins—occur over tens of Kelvin below the transition [Young, 1962] and are mirrored by changes in volume, heat capacity, and elastic behavior [Ghiorso et al., 1979; Carpenter ...