issues with Cohen’s calculation‚ and then analyze an new WACC to decide whether we should invest in Nike Inc. Many issues should be addressed regarding Joanna Cohen’s WACC calculation. First‚ to calculate the debt cost of capital‚ Cohen divided the total interest expense by the company’s average debt balance. This is an issue because she did not take into account the current yield on publicly traded Nike debt. Another issue that should be addressed is the calculation of the equity cost of capital. Using
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“Teaching the Vietnam War makes one realize how the shape of a narrative determines‚ and is determined by‚ its content”. The Vietnam War was one of America’s most controversial wars. Many of its aspects are still plagued with great uncertainty. Those aspects of the Vietnam War are argued and debated about‚ they were argued during the time of the war and the arguing has continued. The Vietnam War was indeed a time of confusion. Why did the war start? What was the United States’ real reason for getting
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analysis assumes Nike debt is trading at par – it is not ▪ Equity should be based on market value‚ not book value ▪ Hence total will be based on market cap.‚ not balance sheet ▪ Her debt cost is wrong ▪ She should use the current or projected cost rather than a historic one ▪ i.e. use a Bloomberg terminal (other terminals are available) to research yields on debt of the same credit rating as Nike ▪ It is unlikely Nike has a cost of
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NIKE‚ INC.: COST OF CAPITAL Professor Meiberger By Sebastian Gomez Team 5 Cohort: Front The portfolio manager for NorthPoint Group‚ Kimi Ford was deciding if she should pitch in and draw Nike within NorthPoint Large-Cap Fund. Nike‚ which did not have the strongest fiscal year results in 2001‚ was implementing new strategies to heighten its revenue and income. Kimi Ford‚ after having carefully read reports by analyst‚ and their input within this publicly traded company decided to emphasize
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C U LT U R E Vietnam is a mainly Mahayana GEOGRAPHY Buddhist country‚ although other TRAVE L IN VIE TNAM religions are among Confucianism and Taoism. The official and sole language of Vietnam is Vietnamese. Curabitur leo Culture of Vietnam is based on harmony‚ family‚ and humanity. the Maecenas food is a blend of Chinese and Thai and is considered one of the healthiest foods in the world because of it’s fresh ingredients. Vietnamese money is called dong‚ and soccer is one of the most popular
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What could “Fair is foul and foul is fair” ever mean?"Fair is foul‚ and foul is fair‚" expresses the main theme of Macbeth written by William Shakespeare. There are several different ways in which these words can be interpreted. It could mean not everything is what it seems or it could mean that something that is supposedly used for good can bring forth evil.The first time we hear the statement is in the opening scene when the witches say the exact line "Fair is foul‚ and foul is fair" (Act I Scene
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“Fair is Foul‚ and Foul is Fair” The play Macbeth‚ was written around 1606 by the famous poet William Shakespeare. In the plot‚ Macbeth is told prophecies by three witches and he does everything in his power to make sure he becomes the king‚ as they proclaimed‚ including murder. In Macbeth‚ one theme presented is “fair is foul‚ and foul is fair‚” meaning that things appearing to be good are sometimes bad‚ and things that at first seem bad can actually be good. There are many examples in the play
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Corporate Social Responsibility at Nike‚ Inc. Overview of Policies and Activities CSR Structure In its approach to social responsibility‚ Nike groups initiatives into six separate categories: reducing waste‚ cutting energy‚ slashing water use‚ rejecting toxins‚ supporting communities‚ and empowering workers.1 Each of these initiatives carries three types of goals: an aim‚ a target‚ and commitments. The aim consists of the overall vision of that segment‚ while the
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“Fair is foul and foul is fair”. Discuss how the play Macbeth shows a disrupted world. The play Macbeth revolves around several main themes including the contradicting ‘fair is foul and foul is fair’ where things are not what they seem. This theme reflects on the reality of the world‚ neither good nor evil but a combination of both. William Shakespeare demonstrates during the course of the play how contradictory people and life can be. The disruption of ‘The Great Chain of Being’ is also focused
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CONGRUENCY BETWEEN THE PROJECTED AND PERCEIVED TOURISM DESTINATION IMAGE OF VIETNAM Bui‚ Thi Lan Huong‚ CFVG. Journal of International Business Research‚ suppl. Special Issue10. 2 (2011): 1-13. Turn on hit highlighting for speaking browsers Hide highlighting Abstract (summary) Translate Abstract Since the last decade‚ the tourism industry has given great opportunities to emerging markets like Vietnam to grow remarkably. Vietnam has been still an attractive tourism destination for Chinese‚ Japanese
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