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From 1980 to 2005, weather-related claims to the National Flood Insurance Program (NFIP) cost $34.1 billion in constant 2005 dollars (or about $53.2 billion in constant 2023 dollars) which represented 11% of all weather-related insurance losses in the United States during the period, and the NFIP's exposure to weather-related losses quadrupled to $1 trillion in 2005 (or about $1.56 trillion in ...
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.
A consistently popular summer destination with 30 miles (48 km) of beaches, Cape May County attracts vacationers from New Jersey and surrounding states, with the summer population exceeding 750,000. Tourism generates annual revenues of about $6.6 billion as of 2018, making it the county's single largest industry.
The Russell 3000 Index is a capitalization-weighted stock market index that seeks to be a benchmark of the entire U.S. stock market. It measures the performance of the 3,000 largest publicly held companies incorporated in America as measured by total market capitalization, and represents approximately 97% of the American public equity market.
From 2000 to 2014, Ireland's Total Gross Tax-to-GDP ratio was 27–30%, versus the OECD average of 33%, and EU–27 average of 36%. In October 2013, the Department of Finance Tax Policy Group , highlighted the distortion of Irish GDP impacted this metric, and Ireland's Tax-to-GNP ratio at 36% was above the OECD average, and in line with the EU ...
For example, if the CDS spread of Risky Corp is 50 basis points, or 0.5% (1 basis point = 0.01%), then an investor buying $10 million worth of protection from AAA-Bank must pay the bank $50,000. Payments are usually made on a quarterly basis, in arrears .
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