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Original Issue Discount ( OID) is a type of interest that is not payable as it accrues. OID is normally created when a debt, usually a bond, is issued at a discount. In effect, selling a bond at a discount converts stated principal into a return on investment, or interest. The accurate determination of principal and interest is necessary in ...
Discount function. A discount function is used in economic models to describe the weights placed on rewards received at different points in time. For example, if time is discrete and utility is time-separable, with the discount function having a negative first derivative and with (or in continuous time) defined as consumption at time t, total ...
The Chernobyl disaster [a] began on 26 April 1986 with the explosion of the No. 4 reactor of the Chernobyl Nuclear Power Plant, near the city of Pripyat in the north of the Ukrainian SSR, close to the border with the Byelorussian SSR, in the Soviet Union. [1] It is one of only two nuclear energy accidents rated at seven—the maximum severity ...
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