on Investment In Information Technology: A Guide for Managers Anthony M. Cresswell Center for Technology in Government University at Albany‚ SUNY 187 Wolf Road‚ Suite 301 Albany‚ NY 12205 Phone: (518) 442-3892 Fax: (518) 442-3886 E-mail: info@ctg.albany.edu www.ctg.albany.edu August 2004 ©2004 Center for Technology in Government The Center grants permission to reprint this document provided this cover page is included. CENTER FOR TECHNOLOGY IN GOVERNMENT—RETURN ON INVESTMENT IN INFORMATION
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Investment policy at the Hewlett Foundation: - Current value of portfolio: 6.4 billion (Most the money came from Steve Hewlett-donated company stock-to make the world a better place) - Give away 5% every year→or else they are subject to taxes - Target rate of return: 5%+inflation - Change allocation policy when capital markets change or if there are new investment opportunities‚ law changes‚ or risk aversion changes. - Investment committee: 3 board members and 3 non board members - New
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NPV Versus IRR W.L. Silber I. Our favorite project A has the following cash flows: -1000 0 0 1 0 2 +300 3 +600 4 +900 5 We know that if the cost of capital is 18 percent we reject the project because the net present value is negative: - 1000 + 300 600 900 + + = NPV 3 4 (1.18) (1.18) (1.18)5 - 1000 + 182.59 + 309.47 + 393.40 = -114.54 We also know that at a cost of capital of 8% we accept the project because the net present value is positive: - 1000 + 300 600 900
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Prepare a critical evaluation of three basic methods of evaluating an investment (IRR‚ Payback and NPV). There are several basic methods of evaluating an investments that are commonly used by decision makers in both private corporations and public agencies. Each of these measures is intended to be an indicator of profit or net benefit for a project under consideration. Some of these measures indicate the size of the profit at a specific point in time; others give the rate of return per period when
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The best advises That I have received From the moment you are born‚ everyone usually gives you advice and tells you how you should live your life. I always love listening to others’ advice‚ however‚ it does mean that I always follow them. In fact‚ the best advice I ever received was the advice from my parents‚ "Everything will be okay in the end. If it’s not okay then it’s not the end". In fact‚ That advice was it taught in Arabic language. My parents’ advice was so right and appropriate. This advice
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Deer Hunting—Bow Hunting or Rifle Hunting May 6‚ 2010 Today deer hunting is one of the most popular types of hunting in South Georgia. Although there are several ways to hunt deer‚ the two most frequently used are rifle hunting and bow hunting. Both are a great way to spend the day hunting‚ but there are a few differences between the styles. The cost of rifle hunting is significantly higher due to the equipment needed. Some rifles can cost as much as two thousand
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[February 3 2011] Analysis of the future | Fast-Food industry The fast food industry in Canada is like no other in the world. Canada has long been a country of indulging and not caring about consequences. Stats Canada published that in 2004‚ 23.1% of the Canadian population was overweight. It has also been noted that the obesity rate seen a sharp increase during 1978 to 1980. The fast food industry did begin in the early part of the 1950’s‚ but didn’t truly take off till the 1980’s. In
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The whitetail deer‚ or scientifically known as Odocoileus virginianus‚ is one of the most known animals in America. They are found just about everywhere in the United States and can also be found in Canada‚ Mexico‚ and Central America. Because they are found all over‚ deer hunting has become a major sport and in the U.S. People hunt them for food and also for the challenge of getting the "big buck." <br> <br>Whitetails usually grow to three and a half foot tall and weigh 50 to 400 pounds depending
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| The New Tax Code | The New Direct Tax Code which was said to be introduced from the financial year‚ 2012-13 replacing the five decade old Income tax Act‚1961 has the objective to make the Indian tax structure straightforward. The Income Tax Act 1961 has become very complex and virtually unintelligible to the common man by virtue of a complicated structure‚ numerous amendments‚ frequent policy changes and a multitude of judgments that gave varying interpretations to already undecipherable
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Humans have had a large impact on the deer population in Michigan. It is important to know the history in order to keep populations safe and stable. Without hunting in the state of Michigan the deer population would be out of control. As Americans began to industrialize we started to push wildlife into smaller and smaller areas. We have taken over a vast majority of the land‚ thus decreasing the habitats and removing parts of the food chain that are required to keep an ecosystem stable. Hunting is
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