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A zero coupon swap (ZCS) [1] is a derivative contract made between two parties with terms defining two 'legs' upon which each party either makes or receives payments. One leg is the traditional fixed leg, whose cashflows are determined at the outset, usually defined by an agreed fixed rate of interest.
Shipping markets. The international shipping industry can be divided into four closely related shipping markets, each trading in a different commodity: the freight market, the sale and purchase market, the newbuilding market and the demolition market. These four markets are linked by cash flow and push the market traders in the direction they want.
Shares of Dell Technologies hit a record high on Friday amid a rally in companies working on generative artificial intelligence applications, buoyed by strong optimism for the new technology. AI ...
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Moana, our favorite wayfinder, is back in a brand-new animated adventure that premieres Nov. 27. The trailer just dropped and it will get your heart beating just as fiercely as the Polynesian ...
President Joe Biden noted pointedly Friday that Donald Trump was found guilty by a unanimous jury, and he slammed the former president’s attempts to cast the case against him as politically ...
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