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  3. Charles Ponzi - Wikipedia

    en.wikipedia.org/wiki/Charles_Ponzi

    He promised clients a 50% profit within 45 days or 100% profit within 90 days, by buying discounted postal reply coupons in other countries and redeeming them at face value in the U.S. as a form of arbitrage.: 1 In reality, Ponzi was paying earlier investors using the investments of later investors.

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  5. Climate change and insurance in the United States - Wikipedia

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    From July 2021 to February 2023, 12 home insurance companies with policy coverage in Louisiana were declared insolvent, 50 other companies stopped writing policies in hurricane-prone parishes, the number of policyholders covered by the state insurer of last resort rose from 35,000 to 132,000, and 4 of the 10 counties in the United States with ...

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  7. Perpetuity - Wikipedia

    en.wikipedia.org/wiki/Perpetuity

    However, if the future dividends represent a perpetuity increasing at 5.00% per year, then the dividend discount model, in effect, subtracts 5.00% off the discount rate of 12.50% for 7.50% implying that the price per dollar of income is $13.33. References

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