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).
Know Your Liberal Memes. Hello and welcome to the first edition of Know Your Liberal Memes where we will explore the deception and downright ignorance that goes into creating liberal propaganda in this new social media genre. Internet memes (pronounced 'meem') are a phenomenon. Memes typically come in the form of a picture with a caption attached to it. The genesis of the Internet meme is unknown, but it's a safe bet that it involved cats.