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T-Bills are sold at discount. So, you buy at $98.686, get $100.00 on 2/14/23. My TR calculation is approximately (100/98.686)^(12/4) = 1.04048, or 4.05%, and that is close enough (better results with counting days).YB-Let me try - Cusip - 912796ZU6 UNITED STATES TREAS BILLS ZERO CPN 0.00000% 02/14/2023 - asking 98.6860 ask yield 4.155 what will I get when it matures on 2/14/2023.
Thanks,
D
The information there is at best poorly written. If it is meant to describe only individual plans, the writing is poor because it doesn't say that. If it is meant to apply more generally, it is simply wrong.
The ACA pre-existing condition requirement covers ALL health insurance plans unless it’s a grandfathered plan: https://www.hhs.gov/healthcare/about-the-aca/pre-existing-conditions/index.html
https://www.cms.gov/CCIIO/Programs-and-Initiatives/Health-Insurance-Market-Reforms/Market-Rating-ReformsThe Affordable Care Act limits the factors that can be used to charge consumers greater health insurance premiums. For insurance coverage effective January 1, 2014, health insurance issuers in the individual and small group markets are allowed to vary premiums based on age (within a 3:1 ratio for adults), tobacco use (within a 1.5:1 ratio and subject to wellness program requirements in the small group market), family size, and geography.
Years ago (the last time I lived near ARCO stations), ARCO didn't take credit cards and sold cheaper grade (not Top Tier™) gasoline.Here in California, ARCO has perhaps the lowest cost gasoline. Since the composition of the profit margin for fuel from any gas station is a "black box", it's pointless to wonder what part of the price may be ascribed to anything.
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ARCO's price differential between cash and credit is also significant. So it's a no-brainer: if there's a convenient ARCO station, go there, use cash.
Just a reminder that the 5.75% is annual…so you will get a quarter of that (1.875%?), every quarter :)This helped me a lot.
(Snip)
Plan is to collect 5.75% every 3 months till maturity or called earlier.
(Snip)
Thanks a lot to everyone.
D
LONDON — After a bruising first six weeks in office, Britain's still very new Prime Minister Liz Truss is having to bat away repeated questions about her future at No. 10 Downing Street.
She fired her first finance minister, Kwasi Kwarteng, last Friday. Since then, she has had to watch his replacement, Jeremy Hunt — a former leadership rival she appointed to the second most powerful post in government — publicly tear down a series of proposals that she had insisted were critical to Britain's long-term economic growth prospects.
They included cuts to the United Kingdom's basic rate of tax, after she had already reversed course on tax cuts for Britain's wealthiest. A planned drop in corporate taxes was junked too, along with plans to keep alcohol prices low and incentivize overseas shoppers to spend money tax-free in Britain.
Perhaps the most politically painful change of direction concerns an energy price cap that Truss promised last month to keep in place for the next two years. It was designed to protect British households from the high costs of gas and electricity required to heat and power their homes. If gas prices rose again precipitously, as they did earlier this year after Russia's invasion of Ukraine, the British government would be on the hook for what might be billions of pounds in unforeseen price hikes.
Hunt said this was inadvisable, and reduced the plan's lifespan to just six months. That means by next spring, Britons may be once more at the mercy of global energy markets, at a time when inflation is expected to still be very high, and interest rates set by the Bank of England will mean mortgage costs for many have soared.
Five Conservative legislators have publicly called for her to resign, with many more criticizing and questioning her position anonymously in British media outlets. British front pages in recent days have appeared united in the narrative that she cannot remain in the role for long.
"People don't respect her, they don't trust her, and the government is now effectively being run by a chancellor who is going against the very thing the prime minister stood on," Rainbow Murray, a politics professor at Queen Mary University of London, said on NPR's Morning Edition. Murray was referring to the formal name for the finance chief — the chancellor of the Exchequer, which is the U.K.'s Treasury.
Her failure to show up at the House of Commons on Monday to answer an urgent question about firing Kwarteng drew sharp ridicule: "Instead of leadership we have this utter vacuum," Labour leader Keir Starmer said in Parliament.
Another Labour legislator accused her of having hidden "under her desk" to avoid parliamentary scrutiny. It will be harder to avoid Wednesday, at the weekly ritual known as Prime Minister's Questions, when Truss will be forced to explain her actions and reactions to political friends and foes alike.
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