Robert Moses In the late 1930s a municipal controversy raged over whether an additional vehicular link between Brooklyn and lower Manhattan would be a bridge or a tunnel. Bridges can be wider and cheaper but tall ones use more ramp space at landfall than tunnels. A "Brooklyn Battery Bridge" would have destroyed Battery Park and physically encroached on the financial district. The bridge was opposed by the Regional Plan Association‚ historical preservationists‚ Wall Street financial interests and
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Summary of the film ”Smoke” by Paul Auster “Smoke” is a film based on the book “Smoke” written by Paul Auster. The film tells the stories of mainly three people in Brooklyn. The movie takes place in New York with the cigar shop Brooklyn Cigar Co. as the centre of the film. The owner of the shop is named Auggie Wren. For him the store is the centre of the world and he takes pictures near the shop at the exact same place every morning at the same time. Paul Benjamin is a regular costumer‚ who
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Question 1 2 out of 2 points | | | Assume that the economy is in a mild recession‚ and as a result interest rates and money costs generally are relatively low. The WACC for two mutually exclusive projects that are being considered is 8%. Project S has an IRR of 20% while Project L ’s IRR is 15%. The projects have the same NPV at the 8% current WACC. However‚ you believe that the economy is about to recover‚ and money costs and thus your WACC will also increase. You also think that the projects
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Dangerous. Expensive (so much so today that people who once thought of themselves as middle class now fear they’re only a few ladder-rungs above the have-nots. And the number of have-nots is heart-rending. But still . . . I was born and raised in Brooklyn‚ in a neighborhood and time suited only to people with a deep tolerance–or even need–for boredom. (Boredom precludes risk and can be very soothing.) I was not one of them. Even before I had two numbers to my age‚ I would often sit at our kitchen
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Campus” Eleanor J. Bader tells a story about homeless students living on campus. Also she shows how homeless students still have enough energy to go to college. Aehsa is a twenty year old girl that attends college at Kingsborough Community College in Brooklyn‚ New York. Aesha and her one year old son were forced to move out of their house because her husband started to be abusive. They were forced to leave on the streets and were moved from place to place. They faced horrible conditions along the way
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Every year‚ HUNDREDS of adults who prepare at Kingsborough earn their GED® diplomas‚ and many then go on to Kingsborough Community College’s degree programs! • One of the best instructional programs to prepare you for the GED® exams • Test-taking practice with mini-GED®’s based on the Official GED® exam • Anxiety reduction and test taking skills • Writing workshops to improve writing skills and prepare for the essay portion of the exam • Assistance in getting scheduled at our GED® Testing Center
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A project’s average net income divided by its average book value is referred to as the project’s average: A. net present value. B. internal rate of return. C. accounting return. D. profitability index. E. payback period. The internal rate of return is defined as the: A. maximum rate of return a firm expects to earn on a project. B. rate of return a project will generate if the project in financed solely with internal funds. C. discount rate that equates the net cash inflows of a project
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Brooklyn‚ one of the five boroughs of the city of New York is the most populated one. Lit is located on the western long island. If it were an independent city‚ it would have been the fourth largest city in the United States of America. Brooklyn maintains a distinct and independent culture of its own. Most of the neighborhoods in Brooklyn are ethnic enclaves where a particular culture is dominant. Brooklyn is today‚ the third larger business district after lower and midtown Manhattan. It has an ever
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Washington State University Finance 325 Practice Problems 1. What is the net present value of a project with the following cash flows and a required return of 12 percent? Year 0 1 2 3 Cash Flow -$28‚900 $12‚450 $19‚630 $ 2‚750 2. What is the net present value of a project that has an initial cash outflow of $12‚670 and the following cash inflows? The required return is 11.5 percent. Year 1 2 3 4 Cash Inflows $4‚375 $ 0 $8‚750 $4‚100 3. A project will produce cash inflows of $1‚750
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discounted cash flow analysis and an estimated net present value for expenditures of this magnitude. The issue is whether the analysis should be performed in euros or pesos. Relevant cash flows and appropriate discount rates are the focus in this introduction to cross-border capital budgeting. Industry and competitive analysis‚ international tax factors‚ remittance policies‚ etc. may be ignored. Answer the following questions in your report: 1. Compute the net present value of Ariel-Mexico’s recycling
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