1. Effective Interest Rate on the new 10% debentures = 14.318% For the 10% debentures‚ the market value of 1 share is $19.5 (given) The equivalent of this is a cash offer of $3/share and a 10% subordinated debenture of face value of $23. So the PV (10% subordinated debentures with FV $23) = $19.5 - $3 = $16.5 The effective interest rate (yield) on the above is that interest rate ‘r’ that gives the following PV (Per period payment of ($23*5% i.e. $1.15) over 40 periods @ r) + PV
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Jiggy Patel COMM3321: Critical Reading & Writing Section 103 Janet Bertsch “Why so serious?” Is the catch phrase that Joker uses from the movie The Dark Knight. (Nolan‚ 2008) The scene that is being analyzed is when the Joker crashes Harvey Dent fundraiser party and is looking for Harvey Dent. Prior to the scene‚ Harvey Dent is the District Attorney of Gotham City and was responsible for locking up half the mob in a single day. The Joker main goal was to wreak chaos in Gotham City and wanted
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INTERNATIONAL INVESTMENT AND PORTFOLIO MANAGEMENT BMW: Currency Hedging 2007 BY AJAY BANSAL‚ VAIBHAV SINGH‚ VIJAY VERMA‚ TANMAY JAIN‚ LU YOU‚ SEBASTIAN DOMINITZKI Background 2 Revenue Growth in 2007: 14‚3% €56‚018 Million 1‚500‚678 BMW‚ MINI and Rolls-Royce brand cars were sold during 2007 (9.2% increased) >25% of sales take place in US Crisis in US Credit Market adverse impact on the share prices of European exporting companies BMW common stock: 2.7% drop US dollar dropped to
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BMW Z3 Launch HBS Case Study Date: 18th August 2009 Question 1 Define what you see as the 2 main risks and 2 main benefits of non traditional marketing. Use the BMW case to support your assertions. A paragraph explaining each point will be sufficient. Answer 1 The Z3 case shows how communications strategy and tactics have evolved beyond traditional TV and print advertising. *Two key* Risks of Non-Traditional Marketing are highlighted below: *Systems not in place to measure
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[pic] MAY 1‚ 2006 SPECIAL REPORT How does BMW motivate its employees? BMW’s Dream Factory Sharing the wealth‚ listening to even the lowest-ranking workers‚ and rewarding risk have paid off big time. The car looks like the victim of some mad scientist’s experiment gone awry. Inside a research lab in Munich‚ a BMW 5 Series sedan is splayed open‚ with electronic gadgets and wires spewing in all directions. The project: an onboard computer that will recognize you‚ then seek out information you want
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Enterprise Session 2 Grupo Elektra Materials Grupo Elektra (CASE) "Serving the World’s Poor‚ Profitably" (READING) Materials Ancora: A Private University in the Health Care of the Poor (CASE) Module: Social Enterprise Session 3 Ancora: A Private University in the Health Care of the Poor Session 4 Narayana Hrudayalaya Heart Hospital: Cardiac Care for the Poor Module: Social Enterprise Materials Narayana Hrudayalaya Heart Hospital (CASE) Gawande on Indian Public Health System* (http://content
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The bottom of the economic pyramid concept has pros and cons alike. From a business perspective there are vast untapped markets sitting there waiting for someone to take hold. Unfortunately‚ the limitations of entering new global markets make it difficult and possibly unsafe for companies to tap some markets. The obvious potential to add a new source of revenue should be tempting for large companies who have the means to attempt breaking into a new market. Overcoming the “red tape” per say has
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not know about.(England) Rolls Royce‚ (German) BMW‚ (England) Bentley‚ (american) Mustang and (japanese) Mitsubishi these are five big plane engine companies that turned into big car companies. Rolls Royce made the well known supermarine Spitfire which that was a strong‚ fast‚ powerful and acrobatic planes that shot down thousands of german planes and blown up german tanks. BMW made the first jet plane engine that was used in the Messerschmitt Me 262. BMW made the Messerschmitt Me 262 because hitler
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5.0 EFFECT OF REVIEW OF THE PAYMENT SYSTEM ON THE MANAGEMENT OF THE APPRAISAL SYSTEM PERFORMANCE APPRAISAL SYSTEM According to Dailey (2003:4/3)‚ an organisation ’s performance appraisal system is defined as a process which generates valid information about employee work effectiveness for the purpose of making informed HRM decisions. Organisations must evaluate employee performance for a number of reasons: · Employees need to understand the behavioural requirements of the job · Employees
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His mother dying of a terminal disease‚ David (Benny Moshe) runs away from an abusive father and lives with other homeless children in a series of large concrete construction pipes. A few years later‚ David‚ who now goes by the name Tsotsi (Presley Chweneyagae)‚ is the leader of a gang which includes his friends Butcher (Zenzo Ngqobe)‚ Aap (Kenneth Nkosi) and Boston (Mothusi Magano). After getting involved in a murder committed by Butcher during a mugging‚ Tsotsi and Boston get into a fight which
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