Zero-coupon bonds do not have interest coupons attached (interest at a particular rate that is sent to the bondholder on a regular basis), nor do the issuers make annual interest payments. Investors who purchase them, therefore, do not receive interest. Instead, they purchase a bond at a price lower than the bond’s $1,000 par value and can redeem it for par on the maturity date. The “interest” earned on the bond is the difference between the price paid initially and the amount received at maturity.
March Madness isn’t a just cliche to describe the approximately two weeks where college basketball is front and center in the collective minds of sports fans across the country.
Six high school students spoke out last week, and legislators listened.
As a parent in the Anoka Hennepin School District I can tell you bullying is still a problem in our state and a big one in our district specifically. Just look at the 2013 Anoka Hennepin Anti Bullying Student Survey results conducted just this past December by our district. The numbers are heartbreaking. They surveyed 4,752 students and 1,568 reported being bullied in the past month; 2,946 students admit to seeing someone bully someone else with 760 of them saying they’ve seen it regularly or every day.
Minnesota’s state one-act play competition generally doesn’t get the attention that some sports receive. But having watched plays, and been in a few, I’d say that drama is one of the most valuable things a youngster can do.