To create these strategies, portfolio managers use Macaulay duration. For example, say a bond has a two-year term with four coupons of $50 and a par value of $1,000. If the investor did not reinvest his or her proceeds at some interest rate, he or she would have received a total of $1200 at the end of two years.
On February 27th, 2014, Redditor xvvhiteboy submitted a post titled âLe New Meme: Nice MayMay Manâ to the /r/circlejerk subreddit, featuring an illustration of manâs face in front of a yellow and blue color wheel background with the caption âIs maymay / and manâ (shown below).
Basically, a dank meme is a meme that is supposed to be ironic or meta or both. A dank meme beings when a dank memer finds a video or picture that is completely absurd OR incredibly bad and posts a parody of it to their outlet of choice (/r/montageparodies, /r/edgyedits, various pages on facebook, 4chan).