To create these strategies, portfolio managers use Macaulay duration. For example, say a bond has a two-year term with four coupons of $50 and a par value of $1,000. If the investor did not reinvest his or her proceeds at some interest rate, he or she would have received a total of $1200 at the end of two years.
On February 27th, 2014, Redditor xvvhiteboy submitted a post titled âLe New Meme: Nice MayMay Manâ to the /r/circlejerk subreddit, featuring an illustration of manâs face in front of a yellow and blue color wheel background with the caption âIs maymay / and manâ (shown below).
F*ckJerry Just Created a Card Game For Memes. Do you love everything about memes and constantly tag your friends on Instagram to see one? The man behind one of the most popular Instagram accounts, F*ckjerry, has launched a Kickstarter for a card game based on memes and it's amazing. The game is called What Do You Meme? and is played just like Cards Against Humanity. Each player begins with seven caption cards. The Jerry, also known as the judge, then picks a photo from a pile of cards. As the player, you choose which caption card you think best aligns with the photo.