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An ABCXYZ Company bond that matures in one year, has a 5% yearly interest rate (coupon), and has a par value of $100. To sell to a new investor the bond must be priced for a current yield of 5.56%. The annual bond coupon should increase from $5 to $5.56 but the coupon can't change as only the bond price can change.
The ChatGPT API costs $0.001 per 1,000 input tokens plus $0.002 per 1,000 output tokens (about 750 words), making it ~10% the price of the original GPT-3.5 models. [ 71 ] [ 72 ] A few days before the launch of OpenAI's software developer support service, on February 27, 2023, Snapchat rolled out, for its paid Snapchat Plus userbase, a custom ...
The net worth of the world's billionaires increased from less than US$1 trillion in 2000 to over $7 trillion in 2015. The World's Billionaires is an annual ranking of people who are billionaires, i.e., they are considered to have a net worth of US$1 billion or more, by the American business magazine Forbes. The list was first published in March ...
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