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In the same year, the company opened its first office outside North America in Taiwan. In 1988, Franklin acquired L.F. Rothschild Fund Management Company. Assets under management for Franklin grew from just over US$2 billion in 1982 to more than US$40 billion in 1989 (the crash of 1987 had little impact on Franklin's income and bond funds).
Monthly income preferred stock or MIPS is a hybrid security created by Eli Jacobson, [1] a Sullivan & Cromwell tax partner, and introduced to the market by Goldman Sachs in 1993. [2] In essence, MIPS is a combination of deeply subordinated debt and preferred stock .
An income fund is a fund whose goal is to provide an income from investments. [1] [2] It is usually organized through a trust or partnership, rather than a corporation, to obtain more efficient flow through tax consequences in relation to the income that it earns and distributes. [3] An income fund is a type of asset allocation fund.
Franklin Electronic Publishers, Incorporated (formerly Franklin Computer Corporation) was an American consumer electronics manufacturer based in Burlington, New Jersey, founded in 1981. Since the mid-1980s, it has primarily created and sold hand-held electronic references, such as spelling correctors, dictionaries, translation devices, medical ...
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The Franklin REX-PRO5 (pen is for size comparison). The back of the device. The Franklin REX 5, (also known as the “Rex-Pro”, as the “Rex 5000”, and with cosmetic variation as the “Rex 5001”) was one of the Rex line of Personal Digital Assistants, each a PCMCIA PC card and thus the size of a credit card, built around a Toshiba microprocessor emulating a Zilog Z80.
The REX 6000 is the successor to the Franklin REX 5000, with a notable difference being the addition of a touch screen. [1] In addition, it is possible to remove and install executable code (including both custom applications and the operating system itself).
A nominal income target is a monetary policy target. Such targets are adopted by central banks to manage [1] national economic activity. Nominal aggregates are not adjusted for inflation. Nominal income aggregates that can serve as targets include nominal gross domestic product (NGDP) and nominal gross domestic income (GDI). [2]