Chapter 6 Hwrk Feb 2nd‚ 2014 1. You are considering investing in one of the these three stocks: Answer: B‚ B;A 2. Your friend is considering adding one additional stock to a 3-stock portfolio‚ to form a 4-stock portfolio. She is highly risk averse and has asked for your advice. The three stocks currently held all have b = 1.0‚ and they are perfectly positively correlated with the market. Potential new Stocks A and B both have expected returns of 15%‚ are in equilibrium‚ and are equally
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Accounting rate of return Accounting rate of return (also known as simple rate of return) is the ratio of estimated accounting profit of a project to the average investment made in the project. ARR is used in investment appraisal. Formula Accounting Rate of Return is calculated using the following formula: ARR = Average Accounting Profit Average Investment Average accounting profit is the arithmetic mean of accounting income expected to be earned during each year of the project’s life time
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Internal Rate of Return Meaning of Capital Budgeting Capital budgeting can be defined as the process of analyzing‚ evaluating‚ and deciding whether resources should be allocated to a project or not. Capital budgeting addresses the issue of strategic long-term investment decisions. Process of capital budgeting ensure optimal allocation of resources and helps management work towards the goal of shareholder wealth maximization. Why Capital Budgeting is so Important? Involve
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In numerous movies and stories you’ve seen‚ have you ever heard any of the characters say the cafeteria food has a rich‚ savory‚ and an appetizing look? Probably not. Cafeteria food lacks good quality and taste‚ and is probably one of the reasons why countless students don’t eat during lunch. Students always discuss what if they could change three things in their school’s lunch menu. They would probably have chocolate ice-cream‚ fried chicken or cake every day for lunch if they were given that option
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Mobile Telephony in India... Ref. No.: ME0007 On August 23rd 1995‚ Jyoti Basu‚ the then Chief Minister of West Bengal‚ made India’s first cellular phone call to Telecom Minister‚ Sukh Ram‚ from Kolkata on Modi Telstra network at INR 16/minute. Initially‚ Indian government imposed a heavy license fee for providing mobile services. To recover such huge license fee‚ mobile operators had no choice but to keep very high tariff rates. Thus‚ the growth of cell phone services was sluggish in the first
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should also be compulsory where client is found guilty. 4.2.4.20 How would you rate Zimra effectiveness in the management of rebate schemes? The management of these schemes is generally effective though there is still room for improvement through computerization of all the functions such that everything is done in the system and not manually. There is also need for data interlink with the various key government departments. 4.2.4.21 Do you believe additional interventions could be necessary and worthwhile
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As an actor‚ how would you perform Masha and Medvedenko at two points of the play‚ communicating their relationship to the audience? Masha is the daughter of the estate manager‚ and the wife of Medvedenko. Throughout ‘The Seagull’ Masha’s unhappiness towards the life she bears is emphasised‚ this can be demonstrated through her clothing as she is only seen wearing black which typically symbolises death and sadness. Masha claims‚ “I’m in mourning for my life. I am unhappy”‚ this transfers the meaning
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Cultural Differences in Brazil Tudo Bem! When in Brazil‚ this phrase simply means “how’s it going.” Culture is the characteristics of a particular group of people‚ defined by everything from language‚ religion‚ cuisine‚ social habits‚ music and arts (http://www.livescience.com/21478-what-is-culture-definition-of-culture.htm). Like many other countries‚ Brazil has different cultures unique to their surroundings. When visiting Brazil‚ there are three distinct cultures to be aware of; language‚ religion
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1. The Declaration contains thirty articles. Discuss three that you consider very important‚ and defend their fundamental characters. Of the thirty articles contained in The Declaration‚ articles 1‚ 5‚ and 26‚ I believe are very important. Article 1 states that “All human beings are born free and equal in dignity and rights. They are endowed with reason and conscience and should act towards one another in a spirit of brotherhood”. This article is important to me because it allows individuals
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fast growing nations. The countries I have selected are India in Asia and Brazil in South America. Both of these countries are part of the BRIC (Brazil‚ Russia‚ India and China) group of countries which represent 4 of the fastest growing economies in the world‚ as such there is a lot of interest with large organizations to enter and benefit from this growth. The first which focuses on India offers a list of ethical tips for operating in India‚ it talks briefly about the ethical climate in the country
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