Edith Wharton's The Age of Innocence earned her the first Pulitzer Prize for literature awarded to a woman. Published in 1920 but set in 1870s New York, the novel explores the labyrinth of high society in America's Gilded Age. The novel depicts the doomed marriage of Newland Archer and May Welland.
You Sell Your Bond Before It Matures & Interest Rates have gone down. You buy a 10 year U.S. Treasury Note with a face value of $1,000 and an interest rate of 4.26%. If you sell your bond before it matures and interest rates have dropped 2%, you will receive $1,118.54 (plus any interest paid before the sale).
image caption the fed has been buying bonds to keep interest rates low and boost growth the us federal reserve chair janet yellen has hinted that interest rates in the us could start to rise in early 2015ms yellen said the fed could begin raising rates six months after it halts its monthly bond buying programmeshe made the remarks after the fed said it will scale back bond purchases by a further $ 10bn Â£ 6bn per month this is the third time in a row that the central bank has tightened its stimulus effortshe fed lowered its overnight interest rate to 0 % in december 2008 as part of the steps it took to trigger growth in the economy amid the global financial crisis