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What are the appropriate topics of conversation in each of the BRIC countries?
Present Value
The present-day evaluation of a future financial amount or cash flow streams, using a predetermined rate of return.
Actuarial Information
Data used by actuaries to calculate and assess risks, premiums, liabilities, and retirement benefits, based on statistical and mathematical models.
Bond Issue
A bond issue refers to the process by which a borrower issues bonds to investors in order to raise capital, under specific terms regarding the repayment of the principal and periodic interest payments.
Yield Interest
The interest generated from an investment, usually expressed as an annual percentage of the investment's cost.
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