You are given two ropes with different lengths. However if you set both ropes of fire from the tip, they will both burn at exactly one hour.
You are asked to measure 45 minutes using just these two ropes and you and NOT allowed to cut the ropes at all.
How will you do this?
1. Burn one of the ropes from both ends. The rope will burn completely at half time (i.e. 30 minutes).
2. Also burn the other rope from one end at the same time. At the time rope #1 completely burns, rope #2 will be half length. That is, it now has 30 minutes left to burn.
3. Immediately set the other side of rope #2 on fire too. It will burn at half the time left (i.e. 15 minutes).
4. Let rope #2 burn completely too.
You have successfully measured 30minutes + 15 minutes = 45 minutes.
You are given two ropes with different lengths. However if you set both ropes of fire from the tip, they will both burn at exactly one hour.
You are asked to measure 45 minutes using just these two ropes and you and NOT allowed to cut the ropes at all.
How will you do this?
1. Burn one of the ropes from both ends. The rope will burn completely at half time (i.e. 30 minutes).
2. Also burn the other rope from one end at the same time. At the time rope #1 completely burns, rope #2 will be half length. That is, it now has 30 minutes left to burn.
3. Immediately set the other side of rope #2 on fire too. It will burn at half the time left (i.e. 15 minutes).
4. Let rope #2 burn completely too.
You have successfully measured 30minutes + 15 minutes = 45 minutes.
BY Riddles Repository - Answers
Warning: Undefined variable $i in /var/www/tg-me/post.php on line 283
Telegram hopes to raise $1bn with a convertible bond private placement
The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.
That growth environment will include rising inflation and interest rates. Those upward shifts naturally accompany healthy growth periods as the demand for resources, products and services rise. Importantly, the Federal Reserve has laid out the rationale for not interfering with that natural growth transition.It's not exactly a fad, but there is a widespread willingness to pay up for a growth story. Classic fundamental analysis takes a back seat. Even negative earnings are ignored. In fact, positive earnings seem to be a limiting measure, producing the question, "Is that all you've got?" The preference is a vision of untold riches when the exciting story plays out as expected.
