Qus4. What are the assumptions of MM approach? Ans. Assumption of the MM approach The MM approach to irrelevance of dividend is based on the following assumptions: * The capital markets are perfect and the investors behave rationally. * All information is freely available to all the investors. * There is no transaction cost. * Securities are divisible and can be split into any fraction. No investor can affect the market price. * There are no taxes and no flotation cost. * The firm
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The sensemaking approach is when people or an organization offer a meaning to an experience by making sense of it. It is how they structure things that they don’t know‚ in order to take action on it. When people experience change‚ they face a gap between their expectations and their counterpart experiences‚ and they start to communicate and act in a systematic and structured way in order to make sense of what is happening. According to Fairhurst and Sarr (1996‚ cited in Bean and Hamilton‚ 2006) “To
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Good morning! Today I’m going to talk about artificial heart as one of the most significant invention in the history of humanity. An artificial heart is a device that replaces the heart. Artificial hearts are typically used to bridge the time to heart transplantation‚ or to permanently replace the heart in case heart transplantation is impossible. Since the late nineteenth century‚ scientists have tried to develop a mechanical device that could restore oxygen to the blood and remove
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Heart disease Stress symptoms: Effects on your body‚ feelings and behavior By Mayo Clinic staff Stress symptoms may be affecting your health‚ even though you might not realize it. You may think illness is to blame for that nagging headache‚ your frequent insomnia or your decreased productivity at work. But stress may actually be the culprit. Indeed‚ stress symptoms can affect your body‚ your thoughts and feelings‚ and your behavior. Being able to recognize common stress symptoms can give you
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law. What followed this act was a series of almost disaster’s effects. Prohibition was a major failure in the U.S. It was made to ensure temperance and decrease alcohol abuse. When in reality it exacerbated the problem. After Prohibition more people abused alcohol as illegal than when it was legal. It was also the cause of a major crime increase in the states. Intern‚ Prohibition was not only a failure‚ but a possible cause of America’s demise. Luckily‚ it was repealed. Economically‚ America started
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Running head: Heart Attack Heart attack: sudden illness Ridhima Katyal First Aid and CPR (HNES 210) December 6‚ 2008 North Dakota State University A heart attack occurs when the blood supply to part of the heart muscle itself — the myocardium
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An exceedingly strong need to achieve‚ as opposed to a need to be liked‚ or to exercise power. The trait of following through on a commitment‚ not quitting half-way through when the going gets tough. In short‚ perseverance. Positive mental attitude‚ or the ability to remain optimistic in difficult situations‚ which is the result of being self-confident about one’s abilities. Objectivity. The ability to accurately weigh and assess risks associated with a particular course of action‚ as well as
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The selected topic is ‘should students with learning difficulties be allowed to participate in the mainstream classrooms?’ This essay discusses two possible solutions for the issue and explicitly presents my personal statement and philosophy in regards to it. This topic is a controversial issue because it considers many conflicting advantages and disadvantages. The ethical principles involved in the topic include caring‚ respect and inclusivity which can be drawn from the Early Childhood Australia
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Comparing and analyzing the biological and humanistic approaches to personality can be a difference of opinions. Abraham Maslow studied the development of personality. Maslow developed his own personality theory based on the basic human needs. His hierarchy of needs pyramid shows the influences of human needs to the formation of unique individual personality. There are biological factors that influence the formation of individual personality that play a factor. By reviewing the relationships
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been done‚ and repairs had to be made. This repairing process was dubbed “Reconstruction‚” and it managed to last for 12 years along with having attained a diverse amount of political opinions regarding the concept. Overall‚ Reconstruction was a failure because of the South’s lack of obedience towards the North’s plan and the North giving up on the process too soon‚ when the correct time to stop would be years after the South was feeling they were being accepted back in the Union. One of the main
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