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Jules Sylvester Had Always Loved Reptiles

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Jules Sylvester had always loved reptiles.When he was asked by a movie producer if he could locate some anaconda snakes for a movie, a business was born.Sylvester is the proud owner and operator of Reptile Rentals.The California-based business, which he started with no financial help from anyone, is often called on to provide "creepy, crawly" moments in the movies.Jules Sylvester is an example of a:


Definitions:

Default Risk Premium

The additional yield that an investor demands for holding a bond with default risk over a similar risk-free security.

Nominal Interest Rate

The rate of interest before adjustments for inflation.

Bond Yield

The return an investor realizes on a bond, calculated by dividing the annual interest payments by the bond's current market price.

Borrowing

The act of obtaining funds from another party with the agreement to repay, typically with interest.

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