create controversy even where it does not exist. Expert values have been fighting‚ in vain‚ to find out whether valuation is an art or a science. To set this rift at rest‚ Justice Viscount Simon of the House of Lords in Gold Coast Selection Trust case held that "valuation is an art and not an exact science. Mathematical certainty is not demanded‚ nor indeed is it possible". Thus valuation cannot be tied up by rigid laws of nature or science. It also cannot work under fixed and inflexible set up of
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Value Stock vs. Growth Stock September 14‚ 2013 Growth and value are styles of investing in stocks (Emerald‚ 2013). Analysts commonly classify companies with low market-to-book ratios as value stocks‚ and firms with high market-to-book ratios as growth stocks (Berk & DeMarzo‚ 2011). Neither approach is certain to give appreciation in stock market value; both carry the possibility of risk. The return
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The Puritan movement denoted a loose collection of religious beliefs. Puritans believed that all institutions including‚ government‚ schools‚ families‚ communities‚ and the Church of England should be ‘purified” by cleansing away all cultural characteristics regarded by the puritans as “ungodly”. The puritans persecuted and tortured non-conforming Christians. (www.quaqua.org) Once the Pilgrims landed on shore they began to erect structures and buildings‚ yet harsh climates and disease took their
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10 Science Questions Every High School Graduate 1. What percentage of the earth is covered by water? Answer: About 71 percent of the earth’s surface is covered by water. --Submitted by Robert Gagosian‚ Woods Hole Oceanographic Institute 2. What sorts of signals does the brain use to communicate sensations‚ thoughts and actions? Answer: The single cells in the brain communicate through electrical and chemical signals. --Submitted by Torsten Weisel‚ Rockefeller Institute‚ New York 3. Did
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Covalent Bonds Covalent bonds are formed when atoms share electrons‚ one from each atom in a single bond‚ to form electron pairs‚ usually making their outermost shells up to eight electrons by this means. This would make them more stable‚ less reactive and an electronic structure like a noble gas. They are most frequently formed between pairs of non-metallic elements. Non-metallic elements usually have from four to eight electrons in their outermost shells‚ the so-called valency electrons‚ which
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MKT 3301 CHAPTER 10 QUIZ QUESTIONS Question 1 10 out of 10 points Direct _____ involves personal sales contact between a representative of the company and an individual consumer. Selected Answer: b. selling Answers: a. marketing b. selling c. distribution d. servicing e. pricing Question 2 10 out of 10 points The most important reason to use indirect channels is if intermediaries can help serve customers better and at lower cost. Selected Answer: a. TRUE Answers: a. TRUE
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Intellectual Capital Valuation Starbucks 02/16/2013 Bonnie J Gray OI/365 Intellectual capital is one of the most important assets that an organization will ever have. It contributes to each and every component of an organization‚ and helps to formulate success‚ growth‚ and development. Understanding the value of intellectual capital can turn any dive of a company into a thriving successful business. To dig deeper into that idea‚ embracing the value of intellectual capital and applying
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Introduction: Stock index is very much important leading indicator which can be used for several purposes. It can be used as a benchmark to judge the performance of professional money managers. It can be used to facilitate the establishment and maintenance of several types of index fund and exchange traded fund (ETF). Securities analysts‚ portfolio managers‚ and academicians doing research use stock market indexes to examine the factors that influence aggregate security price movements and to
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is the name of the port used by an Ethernet cable? What is the name of the port used by a dial-up modem? RJ-45‚ RJ-11 9. If you want to upgrade your 100BaseT Ethernet network so that it will run about 10 times the current speed‚ what technology would you use? Gigabit Ethernet 10. What is the maximum length of a cable on a 100BaseT network? 100 meters or 328 feet 11. What does the 100 in the name 100BaseT indicate? The transmission speed of the network which is 100 Mbps.
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Chapter Case of chapter 6 1. The security of the bond‚ that is‚ whether the bond has collateral. Effect on the coupon rate of the bond issue: Bond’s with collateral will have lower coupon rate as bondholders have claim on collateral no matter what. Advantage: It provides an asset which lower default risk. Disadvantage: Companies cannot sell this collateral as an asset and need to maintain it. 2. The seniority of the bond Effect on the coupon rate of the bond issue: The more senior the
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