Penn State University Economics Department Bryn Mawr‚ PA 20000 Dear Mr. Lee‚ I am writing this letter to express my interest for the Bachelor of Arts degree in Economics at The Pennsylvania State University. If I were to choose one word to describe myself‚ it would have to be independent. At the age of five‚ my parents divorced‚ and I was left in the care of my grandparents. It was one of the turning points in my life that hastened my maturation. I learned to think and act independently. All
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These interest groups help bridge the gap between citizens and the government and enable citizens to explain their views on policies to public officials. These groups would help provide public officials with detailed information that might be difficult to obtain‚ which in return help make policy choices better. Just as how there are checks and balances for the government‚ some interest groups serve as a check of public officials to make sure they
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population has been steadily growing‚ with many citizens being fluent in at least two languages‚ as I am. Since my time as an undergraduate‚ I have maintained a consistent path to Operations Research‚ and a Mastery of its fundamentals. I had a strong interest in computational statistics especially handling large-scale datasets. In data mining‚ statistical database‚ multivariate statistics‚ computational statistics‚ econometric analysis classes‚ I became fluent in my handling of large datasets and running
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I am writing this letter in regards to a Duty Manager position that’s become available. This position has been of great interest to me for quite some time now‚ I believe I have the necessary leadership skills and attention to details to make a valuable contribution to your venue. I held the Duty Manager position at different venues in the past. Having worked in the hospitality industry for the last five years‚ I have developed a passion for providing top-quality customer service and I believe
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COMPANY PROFILE INTRODUCTION: Corporation Bank‚ founded in 1906 in Udupi‚ Karnataka state‚ India‚ is one of the Indian Banks in Public Sector Undertaking. The body was founded with an initial capital of Rs. 5000 (US$ 100)‚ and first day’s canvassed resources of less than one US$ 1‚ has currently (31 march 2004) 11‚325 full time employees‚ and operates from several branches in India. The Bank is a public sector unit with 57.17% of share capital held by the Government of India. The Bank
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Marriott Corporation: The Cost of Capital (Abridged) General Approach The company is split into 3 divisions Lodging‚ Contract Services and Restaurants. The WACC for each of the 3 divisions and then subsequently the entire corporation’s WACC need to be calculated. This will be done through calculating the WACC for each of the 3 divisions and then taking a weighted average of these 3 divisional WACC numbers to get the overall Marriott Corporation WACC. 1. Calculating the Beta a
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Inflation is what really influences the changes of Official interest rates. The RBA generally likes to keep inflation between the 2-3% mark‚ however‚ this may change as a result of international pressures. Generally‚ if inflation is seen to be increasing at a rate that is disproportionate to the health of the economy - or basically growing faster than it can sustain - then official rates may be raised to in order to reduce consumer spending and slow down the economy. Alternatively‚ if inflation
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No flotation cost would involve. 3. Third alternative available to company is to sell 6%cumulative preferred stock. Issue 1. Assuming that the new funds earn the same rate of return currently being earned on firms assets (earnings before interest and taxes/total assets)‚ what would earning per share be for 2007 under each of the three financing methods? Assume that the new outside funds are employed during the whole year of 2007‚ the sinking fund payment for 2007 is ignored‚ and retained
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Are interest groups useful or harmful? Interest groups‚ also referred to as: special interests‚ pressure groups‚ organized interests‚ nongovernmental organizations (NGOs)‚ political groups‚ lobby groups and public interest groups‚ are organized collections of people or organizations whose goal is to influence public policy (511). ‘Interest groups’ is a term that encompasses a variety of organized groups including public interest groups‚ business and economic groups‚ governmental unites‚ and political
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Interest Groups Help More Than Hurt Voter turnout has declined since 1960 but participation in interest groups has been growing. Participating in interest groups allows people to take action on issues that are most important to them. Unlike some linkage institutions‚ interest groups have a very close connection to government. Interest groups are an essential part of the democratic system because they allow the public to enter the political system‚ bring up specific issues in government‚ and
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