Reasons behind the Sinking of the Titanic With the loss of 1‚517 lives on a fateful night on 14-15 April 1912‚ according to Stanford (2010)‚ the Titanic has certainly become one of the world’s greatest disasters. This essay will discuss how the most advanced ship of the century ended up at the bottom of the North Atlantic. The essay will open with a description of the famous titanic event that revealed many reasons behind its sinking. The essay will then focus on the main factors that lead to
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Many bad things have happened in this world but this crisis is scary‚horrifying and more. This crisis is when the titanic sank. it took place at 2:20 a.m. on April 15‚ 1912‚ in the British ocean.Titanic sinks into the North Atlantic Ocean about 400 miles south of Newfoundland‚ Canada. The massive ship‚ which carried 2‚200 passengers and crew‚ had struck an iceberg two and half hours before. Even though the ship was called the “unsinkable” that information was not all true. The Titanic has many
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yield on junk bonds is lower than the yield on AAA-rated bonds because of the higher default risk associated with junk bonds. Answer True False 1 points Question 4 In general‚ interest on bonds‚ like dividends on preferred stock‚ may be deferred until a later date at the discretion of management‚ making debt financing more appealing to corporate managers. Answer True False 1 points Question 5 Restrictive provisions in bond indenture agreements are designed
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price—of a stock depends on the volatility of the stock market in general. For example‚ consider the following variables pertaining to Amazon stock: AMZN = the fractional change in the price of Amazon stock on a day‚ MKT = the fractional change in the market on that same day. The data file Amazon.xls contains 503 historical values of these two variables; thus‚ for example‚ the first value of 0.005193 for AMZN and −0.01003 for MKT means that‚ on that particular day‚ the price of Amazon stock increased
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used on the exact day of the sinking. He whom used it was none other than the mad scientist‚ Anton Von Woldenberg. Anton Von Woldenberg was the person who used the machine‚ but he was not the person who had constructed it. In the ship‚ Anton was planning out his new invention that he would start building when the ship finished its voyage‚ but as we all know‚ that did not happen. Moments later‚ his heart skipped a beat when all the passengers were told of the sinking. “Run! Get to the boats!” People
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29) All of the following features may be characteristic of preferred stock EXCEPT A) callable. B) no maturity date. C) tax-deductible dividends. D) convertible. Answer: c If a firm has class A and class B common stock outstanding‚ it means that A) each class receives a different dividend. B) the par value of each class is different. C) the dividend paid to one of the classes is tax deductible by the corporation
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Through World War II there were many naval ships that were sunk. One of the major naval ships that sunk was the U.S.S. Indianapolis. This ship was an important factor in winning the war but she tragically sunk during her mission. Of the one thousand one hundred and ninety-six men aboard‚ only three hundred and seventeen survived (Field). The “Indy” was written down as the worst naval disaster in history. The U.S.S Indianapolis was built in Camden‚ New Jersey. It was launched and commissioned in
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such as banks deals in short term loan in different forms such as treasury bills and commercial bills. Short term loan means the duration of maturity is of one year or less than that. We need to be clear that equity instrument i.e common or preferred stocks both are not traded in money market. Similarly‚ we need to keep one thing in mind that money market is a intangible market where we deal over the phone or company‚ we just don’t enter the building of a company. Likewise‚ Capital market refers to
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Aspin Corporation’s charter authorizes issuance of 2‚000‚000 shares of common stock. Currently‚ 1‚400‚000 shares are outstanding‚ and 100‚000 shares are being held as treasury stock. The firm wishes to raise $48‚000‚000 for a plant expansion. Discussions with its investment bankers indicate that the sale of new common stock will net the firm $60 per share. a. What is the maximum number of new shares of common stock that the firm can sell without receiving further authorization from shareholders
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Extended Essay Aftermath of the sinking of the Titanic Research Question: To what extent was there evidence of class difference in the treatment of internment of Titanic victims following this 1912 disaster? IB Candidate: Joshua Cannon Supervisor: Eric Oglesby September 27‚ 2012 Word Count: 3991 Abstract Research Question: To what extent was there evidence of class difference in the treatment of internment of Titanic victims following this 1912 disaster? In this essay‚ I felt
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