Because the yield to maturity (10%) is higher than the coupon rate (9%), this bond will be sold at a discount. Therefore, its carrying value will be less than its face value ($100,000). You can calculate the carrying value of the bond by typing in the relevant pieces of information into a finance calculator or spreadsheet (use the PV function). FV = $100,000 (par value) N = 3 (number of periods) PMT = $9,000 (9% coupon rate X $100,000 par value) INT = 10% (Investors required yield to maturity)
Democritus (/dÉªËmÉkrÉªtÉs/ ; Greek: Î´Î·Î¼ÏÎºÏÎ¹ÏÎ¿Ï DÄmokritos, dÄmÃ³kritos meaning chosen of the; people. c â 460. c 370) bc was an Influential Ancient greek-Pre socratic philosopher primarily remembered today for his formulation of an atomic theory of the. Universe democritus was born In, Abdera thrace around 460. bc
Where does the word atom come from and who first used this word? Around 2,500 years ago this Greek dude name Democritus was sitting around just thinking. He was thinking about cutting stuff up and came up with the idea that there must be a point where you could no longer cut something any smaller. He named the atom after the Greek word atomos, which means 'that which can't be split.' The cool part is that he was right. Well, 90% right. We can split atoms, but if you split an atom it becomes something else. An atom is the smallest unit of a particular kind of material.