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“My advice to the trustee could not be more simple: Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund.” You can take Buffett's advice and start ...
The Dow did not get off to a good start, plunging 30% to an all-time low of 28.48 by August that year. Dow 100: The Dow first closed in triple digits in January 1906. That marked an impressive ...
Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. For example, if a bond has a face value of $1,000 and a coupon rate of 5%, then it pays total coupons of $50 per year.
In January 1993, the Mobile Tencel plant reached full production levels of 20,000 tons per year, by which time Courtaulds had spent £100 million and 10 years on Tencel development. Tencel revenues for 1993 were estimated as likely to be £50 million. A second plant in Mobile was planned. By 2004, production had quadrupled to 80,000 tons.
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Bird had an average of 10.0 rebounds per game for his career and 6.3 assists. Bird was the first player in NBA history to shoot 50% or better on field goals, 40% on three-pointers, and 90% on free-throws in a single NBA season while achieving the league minimum for makes in each category. He accomplished this feat twice.