used a tax rate of 38% in her calculations‚ making Nike’s cost of debt after tax to be 2.7%. Joanna decided to use the CAPM model in her calculation of Nike’s cost of equity. She used the risk-free rate of 5.74% on a 20-year Treasury bond‚ the geometric mean for market risk premium from 1929 to 1999 which was 5.9%‚ and Nike’s average beta from 1996 to 2001‚ which was 0.80 to make her calculations. Using these values‚ she obtained a cost of equity of 10.5%. Joanna then took the weights and costs
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Write an essay describing the contribution to economics of each of the following: • Adam Smith • Thomas Malthus • David Ricardo • Karl Marx • Alfred Marshall • John Maynard Keynes • Milton Friedman “Many Economists have tried to establish why the economy performs as it does and want to have a basis for predicting how the economy will perform when circumstances change”. (Nagel‚ S pg 1 1999) Economists are just people after all‚ who have lived through different times and experiences in their
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The Role of The Teacher By Clare Walker Introduction The following essay should describe the Role of a Teacher within the specially Prepared Environment as defined by Maria Montessori in her years of observation. In a Montessori School‚ the word Teacher is not used as Directress is used instead. In her writings‚ Maria Montessori used the word “Direttoressa” taken from the Italian word “direttore” which when looking into the meaning of the word is less about telling people what to do but
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and the rectangles infilled with slabs‚ grass‚ water or planting. Mondrian’s abstract‚ geometric‚ asymmetric‚ yet carefully and consciously balanced paintings‚ de Stijl has become important architecturally. Architects developed a new look for architecture‚ blocky and geometric‚ much like Mondrian’s paintings abstract forms. De Stijl architecture was often characterized as flat roofed‚ “asymmetrical‚ geometric”‚ and painted either white or different shades of gray which was in turn highlighted with
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COURSE SYLLABUS in Math 118 – Solid Geometry Vision “A distinct center of excellence in human‚ material and natural resources development‚ globally relevant and competitive‚ and focused on responsible citizenship‚ sustained economic growth and the improvement of the quality of life of the Filipino”. Mission As provided in its Charter (PD1778)‚ the University has to provide advanced instruction in the arts‚ agriculture‚ forestry‚ fishery‚ engineering and natural sciences as well
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valuable trade and traditional pieces. The Acoma pottery jars were made for everyday life carrying and storing water‚ ritual activities‚ and for their great beauty. The two Acoma water jars discussed in class illustrate these values by their floral and geometric designs‚ bold colors‚ and symbolism. Of the two Acoma water jars discussed one was made in 1800 and the other was made in
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intensely the non-Euclidean geometry. The renaissance artists used Geometric principles passionately in their important paintings such as The Disputation of the Sacrament‚ by Raphael and the famous Mona Lisa of Leonardo. Not only in art but mostly in architect from the early days of the Egyptians and Babylon’s and the ingenuity the Pyramids were constructed with. Even the Declaration of Independence‚ Jefferson structured it on Geometric Euclidian logic which is what gives it much of its power as a
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first line. Immediately‚ Hopkins uses assonance with the “o” in “No Worst‚…None”‚ and also alliteration with the “n” in no and none‚ the first and last words in the opening sentence. The use of these devices makes the sentence very memorable and geometric‚ yet so far the reader is left unknowing and curious about what it is that there is nothing worse then. There is a pause at the period and then a heavy and tightly packed
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toward the arithmetic premium‚ because‚ when compounded over many periods‚ an arithmetic mean return is the one that gives the expected value (i.e.‚ mean) of the probability distribution of expected ending values. Long-term risk-free rate and geometric-mean market premium: Partisans of the long-term risk-free rate argue that most corporate investments are for the long term and that the long rate better matches the term of the asset being valued. According to this view‚ investors want to earn a
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shooting pool. Ever wonder how pool players gauge their shots? They use geometric angles to try and estimate how the balls will react once they’re struck. If all this thinking gets to be too much‚ try drinking a can of soda. Ever wonder how they know that a can is exactly 12 oz.? There’s a geometric formula that dictates the can’s size so that it contains exactly the right amount. The machinery that filled the can is also based on geometric formulas. People use similar principles when they’re cooking at
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