CITIC TOWER II: THE REAL OPTION CASE STUDY SUMMARY Scenario * Undeveloped prime waterfront property on Victoria Harbor was bought 6 months ago at public auction * Owner now wants to sell the land and is available to Citic Pacific Limited on a first-choice basis through an intermediary * Larry Yung (Chairman) thought they could acquire the site and turn it into another Grade-A office building “Citic Tower II” * Asking price of the land was $1 billion * Net present value of property
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most people try to build a tower it usually falls over. Have you ever imagined a tower that leans completely on its own. Yes without falling over. I am talking about the Leaning Tower of Pisa‚ located in Pisa‚ Italy. The Leaning Tower of Pisa is an amazing landmark because of its beautiful construction‚ interesting history‚ the monuments and the location of it. You may also walk the two hundred and ninety seven steps in the tower to the top.The construction of the tower is absolutely beautiful. The
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EIFFEL TOWER (La tour eiffel) (http://en. wikipedia.org/wiki/Eiffel_Tower ) CODE: SIMPLE PRESENT TENSE PAST CONTINUOUS PRESENT CONTINUOUS PAST PASSIVE PRESENT PASSIVE SIMPLE FUTURE SIMPLE PAST PREDICATE ADJECTIVE SIMPLE PERFECT TENSE Eiffel Tower was constructed to remember the anniversary of the French Revolution and to show France’s industrial power to the world. It is located at the Champ de Mars in the 7th arrondissement (Midwest Paris). The French often call
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The Eiffel Tower By: Quinque Williams Mr. Harris 5th Period September 30th‚ 2011 1889 World Exhibition The Eiffel Tower was built for the World Exhibition in 1889‚ held in celebration of the French Revolution in 1789. It took 2 years‚ 2 months and 5 days to complete the tower and it was inaugurated on 31 March‚ 1889 and was open to public from the 6th of May. Gustave designed a 984 foot open lattice‚ wrought iron tower that mesmerized people around the world for its aesthetic
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the Tower of London held many positions and underwent numerous renovations over the centuries to mold it in to what it is today. As a result of one of the most important events in European history the site of the Tower of London was determined by buildings along the Roman wall that were built by the Normans’ during the Norman Conquest in 1066. (Impey and Parnell 12). After William the conqueror took the thrown in 1066 he immediately started building using the Roman city wall as the eastern
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Icon of the Eiffel Tower The Eiffel Tower is one of the most attracted architectural icons in the world. This structure was not meant to be permanent‚ in fact it was only intended to be a temporary exhibit. The tower was built with exquisite arch features made out of iron that was admired for its pleasing symmetry. The statistics behind the Eiffel tower are intriguing. The Eiffel Tower achieved the historical record for being the world’s tallest building up until 1931. The Tower was also used as a
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DESIGN OF THE EIFFEL TOWER General purpose: To inform Specific Purpose: To inform my audience about the considerations in the Eiffel Tower design. Central Idea/ Thesis Statement: The considerations in Eiffel tower design divided into three elements that are material‚ wind considerations‚ and artistic considerations. Introduction Attention gather:“Being the most striking manifestation of the art of metal structures by which our engineers have shown in Europe‚ it is one of the most remarkable
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Construction of The Eiffel Tower Introduction The Eiffel Tower is a freestanding framework tower (lattice tower) located on the Champ de Mars in Paris‚ France. It was named after it’s Chief Designer/Engineer Alexandre Gustave Eiffel and is the most-visited paid monument in the world with several millions ascending each year. Why was the tower built? The plan to build a tower 300 meters high was conceived as part of preparations for the World Exhibition Fair‚ which would be held in 1889
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The Eiffel Tower (French: La Tour Eiffel‚ [tuʁ ɛfɛl]) is an iron[10] lattice tower located on the Champ de Mars in Paris‚ named after the engineer Gustave Eiffel‚ whose company designed and built the tower. Erected in 1889 as the entrance arch to the 1889 World’s Fair‚ it has become both a global cultural icon of France and one of the most recognizable structures in the world. The tower is the tallest structure in Paris[11] and the most-visited paid monument in the world; 7.1 million people ascended
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FACTS ABOUT THE EIFFEL TOWER Eiffel & Company completed the Eiffel Tower on March 31‚ 1889 for the Universal Exposition in Paris celebrating the centennial of the French Revolution. The project included 50 engineers and designers (who produced 5‚300 blueprints)‚ 100 ironworkers (who produced 18‚038 individual pieces for assembly) and 121 construction workers (who used 2.5 million rivets). The Eiffel Tower took two years‚ two months and five days to complete. In addition to contractor Gustave
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