What is the weighted average cost of capital (WACC) for Marriott Corporation? WACC = (1 - τ)rD(D/V) + rE(E/V) D = market value of debt E = market value of equity V = value of the firm = D + E rD = pretax cost of debt rE = after tax cost of debt τ = tax rate = 175.9/398.9 = 44% Cost of Equity Target debt ratio is 60%; actual is 41% [Exhibit 1] βs = 1.11 βu = βs / (1 + (1 – τ) D/E) = 1.11/(1 + (1 – .44) (.41)) = 0.80 Using the target debt ratio of 60%: βTs = βu (1 + (1 – τ) D/E)
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Lady in Her Bath “Lady in Her Bath” is a painting painted by a famous French Renaissance Artist known as Francois Clouet. He was an artist known for the detailed paintings of French royal families as the court painter. He also had other well-known paintings the “Portrait of Elisabeth of Austria‚ Queen of France‚” the “Portrait of Henry II” and more. The painting “Lady in Her Bath” is described as a lady nude in a bath posing for a portrait with a flower in her hand. And she is in the company of
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Beyond Saturn The Virtue of Limitation William N. Greer We know as little of a supreme being as of Matter. But there is as little doubt of the existence of a supreme being as of Matter. The world beyond is a reality‚ an experiential fact. We only don’t understand it. — C. G. Jung This essay blends astrology and archetypal psychology — a discipline formulated by James Hillman that in the late 20 th century emerged as a distinct field of inquiry from the analytical psychology of Carl
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The Baths of Diocletian‚ also situated in Rome‚ Italy‚ was commissioned by emperor Maximian in 298 AD as a tribute to his co-leader Diocletian. This is displayed in an inscription on the main entrance of the Diocletian’s baths‚ which says: “Our Lords Diocletian and Maximian‚ the elder and invincible Augusti‚ fathers of the Emperors and Caesars‚ our lords Constantius and Maximian and Severus and Maximin‚ noblest Caesars‚ dedicated to their beloved Romans these auspicious Baths of Diocletian‚ which
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help‚ not thinking God‚above all else‚ can help us. We should always remember‚ “God won’t give us trials we can’t solve.” We should always look beyond those mountains‚ and we can see the greatness of God.We can see the love of God for us. Don’t just look on the things you see in front of you. Bet you should always look beyond every problem. We should always cite the brighter side of everything. And for that we can assure the victory of facing our
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Bath & Body Works‚ LLC is an American retail store under the Limited Brands umbrella. It was founded in 1990 in New Albany‚ Ohio by Leslie Wexner. Since it was founded Bath & Body Works operates more than 1‚700 stores across the world‚ among which 1‚200 stores are located in the United States. Bath & Body Works specializes in numerous fragrant lotions‚ bath items‚ personal care items‚ and home fragrances. Other Limited Brands include Victoria’s Secret‚ Henri Bendel‚ White Barn Candle Co.‚ and
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In Geoffrey Chaucer’s The Canterbury Tales: “The Wife of Bath”‚ one acquires insight on the character Wife of Bath and how her ideals and principles differ from the customs in medieval times. Wife of Bath was a perceptive and dominant women that was looked upon as a gold digger that used her body as a way to get around the bushes with men. While it may be true‚ it is without a doubt that she expressed actions that where desired by many women at the time‚ but were resistant to show these actions because
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Bed Bugs. A bed bug is a bloodsucking bug that is survival by human and any other mammals. Bed bugs are really small‚ oval‚ brownish‚ insects that live on the blood of animals and people. You wouldn’t be able to see those little bed bugs because thats how small they are. Smaller than a nickel. Theres adult‚ females‚ and immature bed bugs. The adult bed bugs‚ are really different than other bed bugs. Adult bed bugs have flat bodies swell and are reddish color. The adult bed bugs can’t fly but‚ they
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Beyond Borders The film‚ Beyond Borders‚ opens with a powerful scene of Dr. Nick Callahan‚ Clive Owen‚ barging in on the Aid Relief International’s ballroom celebration in London in 1984. With him‚ he brings a young boy from his camp named Jo-Jo and attempts to make an example out of the organization for indulging in fine dining while nearly forty people a day are dieing in his camp due to starvation and disease. Not amused‚ someone from the audience throws a banana on to the stage‚ inferring that
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I am very glad and i am very happy that i am here...and thank you so much for the nice complements with me!! I am very blessed that i found you!!! to be my partner in life and to be my husband someday...if you asked me here? I am very doing fine here...my baby I am very serious to be yours and to loved you forever!!and ever... I am very interesting to know more all about you ...you are my inspiration you are now the part of my life...i promised to you that i cat hurt you anymore... I am
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