Answer:
Yield to call
Explanation:
Yield to call (YTC) is a financial term that represents the return that one would receive if they held a note or bond until its call date before the debt instrument reaches maturity. In other words, it's the earnings you would receive if you held a bond until it was called before it matured
Yield to call is the return on investment for a fixed income holder if the underlying security i.e. Callable Bond is held until the pre-determined call date and not the maturity date
The yield to call (YTC) is a calculation of the total return of a bond based off of the purchase price, the par value, and how much will be received in coupon payments until the call date. Where: YTC = yield to call. C = annual coupon.
When citizens circulate petitions and gather a required minimum number of signatures to put a policy question on a ballot it is called an initiative. Twenty-one states allow their legislatures to put referenda before the voters and give their citizens the right to place initiatives on the ballot. Five other states provide for one mechanism or the other. Eighteen states also allow the recall of state officials a means of forcing a special election for an up or down on a sitting governor or state judge. Like initiative a specified percentage of registered voters must sign a petition asking that a vote be held.
Answer:
Living in the United States, we're accustomed to hearing about regions. For instance, when I say I live in the Northeast, fellow Americans can probably surmise I reside in a place with snowy winters. They might not be able to guess my exact state, but if given a chance between Pennsylvania and Florida, I'm guessing they'll choose the right answer.
Like us, other continents also use regions to classify areas. Today, we're going to discuss one such region as we dive into the history, culture, and politics of the Andes and Pampas, a region way to our south that encompasses much of western and southern South America.
Despite the fact that the Andes and Pampas go together like peanut butter and jelly in most discussions of South America, there are some real differences between the two. First of all, they have striking differences in geography. For instance, the Andes Mountains are a huge mountain chain. Covering much of the West Coast of the continent, it encompasses Colombia, Ecuador, Peru, Bolivia, Chile, and even part of Argentina.
Very opposite from the rugged Andes are the Pampas. Keeping things simple, the Pampas are the grasslands of South America. These famous grasslands cover parts of Argentina, Paraguay and Uruguay.
It is important to learn about the human genome project it uses information from DNA to develop new ways to treat, cure, or even prevent the thousands of diseases that afflict humankind.
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