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).
â¢ MEME (noun). The noun MEME has 1 sense: 1. a cultural unit (an idea or value or pattern of behavior) that is passed from one generation to another by non-genetic means (as by imitation). Familiarity information: MEME used as a noun is very rare. Dictionary entry details. â¢ MEME (noun).