Word: discountã
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...commissioned a report by consulting firm McKinsey—at an educational discount??to suggest where potential pork could be cut from the University budget...
...structuring of the funds lies at the heart of the dispute. China World and Dragon are both closed-end funds, which trade on an exchange typically at a “discount?? to the shares’ actual value. Open-end funds are purchased from and sold to the fund itself, which guarantees that shares are instantly redeemable for their net asset value...
Even if the total number of students who would utilize the discounted passes is smaller than at other schools, all it would cost Harvard is a phone call. Participating colleges may choose to further subsidize the discount??as the University does for its employees—but at the very least, the College could allow students to reap the benefits of the 11 percent MBTA discount without having to pay a penny. In a cost-benefit analysis where there is no cost, there is no excuse...
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