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).
A 'meme' doesn't have to be funny, provocative or even make sense. Most memes fall into one of three categories: - 'Quirky' stuff that isn't funny. - Pathetic stuff that fills you with vicarious despair. - Revolting pictures that could be presented to some alien jury as evidence that humanity is cancer.