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From April 5 through April 21, enjoy up to 40% off sneakers, up to 45% off loafers and sandals, up to 50% off clothing, up to 55% off hiking gear, and up to 60% off boots and outerwear.
A 10% tax is imposed on liquor sold for off premises consumption, 10% on restaurant meals (including carry-out) and rental cars, 18% on parking, and 14.5% on hotel accommodations.
Sycamore Stores Inc., an Indianapolis-based retail chain, will close its 126 stores in the next few weeks, including two in the Dayton area. The chain of women's apparel stores filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code on Friday as a prelude to liquidation. The company will lay off nearly 650 employees within 10 weeks.
Zero coupon bonds have a duration equal to the bond's time to maturity, which makes them sensitive to any changes in the interest rates. Investment banks or dealers may separate coupons from the principal of coupon bonds, which is known as the residue, so that different investors may receive the principal and each of the coupon payments.
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