Homework 2 Solution Key Problem 1. Suppose that you sell short 500 shares of Intel‚ currently selling for $40 per share‚ and you give your broker $15‚000 to establish your margin account. Assume Intel pays no dividends. a) If you earn no interest on the funds in your margin account‚ what will be your rate of return after one year if Intel stock is selling at (i) $44; (ii) $40; (iii) $36? The gain or loss on the short position is 500 P . Invested funds are $15‚000. Therefore‚ your rate
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Financial Statements for OIL & GAS DEVELOPMENT CO LTD (OGDC) Year over year‚ Oil and Gas Development Co.‚ Ltd. has been able to grow revenues from 115.7B to 125.8B. Most impressively‚ the company has been able to reduce the percentage of sales devoted to cost of goods sold from 20.99% to 20.14%. This was a driver that led to a bottom line growth from 55.5B to 59.2B. View Income Statement In U.S. Dollar Currency in Millions of Pakistan Rupees As of: Jun 30 2007 Reclassified PKR Jun 30 2008
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Merck & Co.‚ Inc.‚ which is a global health care company that delivers innovative health solutions through its prescription medicines‚ vaccines‚ biologic therapies‚ animal health‚ and consumer care products‚ has a long and rich history of working. There are some main stages of the whole history and background information. In 1851‚ Dr. Emst Christian Friedrich Schering begins developing and selling pharmaceutical products in Berlin. Three years later‚ the company opened its first production facility
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Introduction ASDA is the second largest retailer in the UK‚ and it has been part of WAL-MART family of companies since 1999. ASDA scales can be valued by the number of stores it runs as well as how money people work for them. For example it has 321 stores in UK and North Ireland‚ 29 depot and more than 148000 employees. These all help to generate more than £15bn turnover. In recent years employees from ASDA stores and depots have involves in the community. This included‚ working with local community
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Announcement Ladies and Gentleman I Warmly welcome the chief guest _________________ accompanied by the primary percussion band. In keeping with tradition let us begin today’s programme by lighting up the traditional oil lamp‚ So‚ I respectfully invite the following distinguished personal to carry out this ritual‚ The chief guest __________________ ‚ Wife __________________ ‚ The Managing Director of Al Imran International school‚ Mr. Inticab Khan‚ The Finance Directress
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Training and Learning Standards A checklist and tool for developing and implementing high-quality training and learning interventions October 2012 INTRAHEALTH INTERNATIONAL i © 2012 IntraHealth International‚ Inc. IntraHealth International is a leader in supporting the development of an effective health workforce. We are committed to working toward the goal of people everywhere having access to qualified‚ supplied‚ and supported health workers who can provide essential health care
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Executive Summary Now in Bangladesh the demand for residential real estate unit is rapidly increasing. The current urbanization rate is 5-6% and 50% people will be living in the cities by 2025‚ according to experts. In the Dhaka City from 1991 to 2004 the urban population density has increased by about 79%. It was 4795 persons/sq.km in 1991 and 8573 persons/sq.km in 2004. Population is increasing rapidly in Bangladesh. The population in Dhaka‚ the mega city‚ is increasing very fast. This rapidly
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This assignment was made to explain and find the truth about the concept of work life balance which is meaningful for the worker. As many researcher and people arguing about this concept‚ The author comes to the decision which is disagree that work life balance is important for the worker. As a concept‚ the work life balance can be said has a great effect for the worker‚ but in real life work life balance was difficult to maintain. Not all worker can contribute their time only for working without
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FORMULA SHEET – for student reference only Perpetuity: The value of a perpetuity of $RM1 per year is: Equivalent Annual Cost: If an asset has a life of ‘t’ years‚ the equivalent annual cost is: Annuity: The value of an annuity of $RM1 per period for t years (t-year annuity factor) is: Measures of Risk: Variance of returns = σ2 = expected value of Standard deviation of returns‚ σ = Covariance between returns of stocks
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the perspectives to measure the performance‚ the entire sector information and the organization ’s strategy and vision‚ which are matched together to achieve goals. It is to balance the implementation of organizational performance‚ seeking short-term and long-term goals‚ financial and non-financial measurable‚ and the balance between the performance of the external and internal perspectives (Kaplan and Norton‚ 1996). 1. The Financial Aspect: It can be seen that
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