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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.
U.S. GDP was approximately $15 trillion during 2011 and an estimated $15.6 trillion for 2012 based on activity during the first two quarters. [59] This means the total debt is roughly the size of GDP. Economists debate the level of debt relative to GDP that signals a "red line" or dangerous level, or if any such level exists. [60]
The 2000 United States presidential election was the 54th quadrennial presidential election, held on Tuesday, November 7, 2000.The Republican nominee, Governor George W. Bush of Texas, the eldest son of George H. W. Bush, narrowly defeated incumbent Democratic Vice President Al Gore.
A reserve currency is a foreign currency that is held in significant quantities by central banks or other monetary authorities as part of their foreign exchange reserves.The reserve currency can be used in international transactions, international investments and all aspects of the global economy.
In fiscal year 2020 (October 1, 2019 - September 30, 2020), the US government allocated $51.05 billion US dollars in economic and military assistance to foreign countries. Of this total, $39.41 billion dollars was spent on economic assistance, $25.64 billion of which was dispersed by USAID.
In 2012, the majority of Americans (73–80%) identified themselves as Christians and about 15–20% had no religious affiliation. [14] In the 2008 American Religious Identification Survey (ARIS) , 76% of American adults population identified themselves as Christians, with 51% professing attendance at a variety of churches that could be ...
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