Best Practices in Estimating the Cost of Capital: Survey and Synthesis Case 13 Teaching Notes Introduction “Each year in the US‚ corporations undertake more than $500 billion in capital spending” (Bruner 184). This case presents a reasonably analyzed set of teaching notes describing how these financially sophisticated corporations estimate their capital costs. Understanding the estimation of capital costs helps identify the uncertainty of the cost-of-capital theory‚ sets a benchmark for
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dilution requirements Municipal Requirements Required quantity = (population at the end of design period) x (per capita usage) Population forecasting Population Forecasting Short-term Estimates Graphical Extension Method Arithmetic Growth Method Geometric Growth Method Declining Growth Rate Method Graphical Extension Method Consists of plotting the population of past census years against time and fitting the best curve Curve is extended into the future to obtain the projected population. Arithmetic
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Libby Sacco Art History 320 Professor Bonnell 2/1/2010 Compare and Contrast Though overwhelmed while visiting the contemporary wing at the Baltimore Museum of Art‚ I was able to narrow my interests to two particular artworks. The two works I have chosen to compare and contrast are Robert Indiana’s No. 7‚ and Frank Stella’s Abra Variation III. At first glance‚ one might make a far-fetched assumption as to how these two paintings are similar‚ but with further examination their similarities
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In Plato’s dialogues the symposium and Meno‚ both focus on the role of forms and through them the importance of how humans attain knowledge. However even though their goals are similar towards the attainment of knowledge‚ both arguments in the end are different to one another‚ when defining the role of forms. In this paper I will analyze both dialogues in their argument to the role of forms‚ and refute why the two dialogues are incompatible with one another‚ nevertheless shedding light on connecting
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Executive Summary Wanting to add Nike’s share to her portfolio‚ Kimi Ford asked her new assistant‚ Joanna Cohen‚ to estimate Nike’s cost of capital. Cohen‚ later‚ came up with the cost of capital of 8.4% that was contradicted to Ford’s cost of capital of 12%. This report points out flaws of Cohen’s assumption and recalculates the WACC to obtain the most accurate cost of capital. In the cost of equity calculation‚ we will use CAPM‚ the dividend discount model (DDM)‚ and the earnings capitalization
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reflected light‚ form shadow‚ greyscale‚ gradual‚ dimension‚ contrast‚ high key (lightest tones)‚ low key (darkest tones)‚ soft 5. Shape Geometric‚ 2D‚ angular‚ solid‚ outline‚ silhouette‚ organic‚ dimensional‚ freeform‚ negative space‚ positive space‚ flat‚ two-dimensional‚ implied shape‚ hard edged shapes‚ soft edged shapes‚ figure-ground. 6. Form Geometric‚ 3D‚ implied‚ real‚ scale‚ dimensional‚ freeform‚ negative space‚ positive space‚ flat‚ three-dimensional‚ implied shape‚ monumental‚ volume
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Dome of the Rock located in a part of Old Jerusalem is a vital structure to three major monotheistic world religions. With Dome of the Rock’s religious and historical importance in location‚ it has been a site of past supernatural events and prophesied to be the site of future events. The design of the building itself is also an example of harmonious proportion. Dome of the Rock has had much activity since the beginning of time. Dome of the Rock has many names for its key roles in religious histories
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more extreme conclusion. Bodoni had a long career and his designs changed and varied‚ ending with a typeface of a slightly condensed underlying structure with flat‚ unbracketed serifs‚ extreme contrast between thick and thin strokes‚ and an overall geometric construction.[3] https://www.prepressure.com/fonts/interesting/bodoni vDuring the 1790s Italian publisher and typographer Giambattista Bodoni designed a series of serif typefaces that came to carry his name. Over the years a number of foundries
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as Picasso and Georges Braque created art that took an angular form. Characteristics of cubism would be flat‚ angular‚ fragmentation‚ nontraditional‚ and geometric. Les Demoiselles d’Avignon perfectly represents the cubist period because the forms the prostitutes portrayed in the painting are depicted with sharp angles as well as given geometric features. For instance‚ there seems to be an overwhelming amount of shapes one could make out‚ such as triangles‚ squares‚ and circles which are either
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1. Are the four components of Marriott’s Financial Strategy consistent with its growth objective? Marriott’s sales grew up by 24% and its return on equity stood at 22% in the year 1987‚ the sales and earnings per share has doubled over the previous year as stated in the case study. The company operates in three divisions: lodging‚ contract services and restaurants which represents 41%‚ 46% and 13% of sales in 1987 respectively. Marriott is determined to develop and to enhance its position in each
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