CHAPTER 2 How to Calculate Present Values Answers to Problem Sets 1. If the discount factor is .507‚ then .507*1.126 = $1 2. 125/139 = .899 3. PV = 374/(1.09)9 = 172.20 4. PV = 432/1.15 + 137/(1.152) + 797/(1.153) = 376 + 104 + 524 = $1‚003 5. FV = 100*1.158 = $305.90 6. NPV = -1‚548 + 138/.09 = -14.67 (cost today plus the present value of the perpetuity) 7. PV = 4/(.14-.04) = $40 8. a. PV = 1/.10 = $10 b. Since the perpetuity
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INV3701/101/3/2012 Tutorial letter 101/3/2012 INVESTMENTS: EQUITY ASSET VALUATION INV3701 Semester Course Department of Finance‚ Risk Management and Banking This tutorial letter contains important information about your module. Bar code Open Rubric CONTENTS 1 1.1 INTRODUCTION AND WELCOME ............................................................................................... 3 Tutorial matter .....................................................................
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What (and How) We Should Eat It is no surprise that with the increased popularity in fast food chains‚ America’s obesity rate has dramatically increased. In a survey done by the United States Department of Agriculture (USDA)‚ obesity is the number two cause of preventable death‚ with approximately sixty-two percent of American adults overweight‚ up from thirty- two percent in 1994 (Profiling Food Consumption in America). In Susan Brink and Elizabeth Querna’s article “Eat This Now”‚ they discuss
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shift to disgust and fear‚ since a majority of ‘mad’ people were unable to acquire work they resorted to begging on the streets. They were scared because ‘mad’ people were against the norm; they were interrupting societal order by not contributing to society through labor. Thus‚ leading to a burst in mental institutions‚ workhouses‚ and poorhouses to hide them away. By the sixteenth century there was a clear distinction between ‘insanity’ and ‘idiocy’; with insanity being classified as the lack of power
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How cleanliness and sense of beauty can influence the life of an individual? THE significance of cleanliness and hygiene cannot be overlooked by any society. Every faith and civilisation stresses the importance of cleanliness. Historically‚ cleanliness has been considered one of the important factors by which to judge a civilisation’s or society’s development. Islam places great emphasis on cleanliness and purity‚ both physically and spiritually. In Islam‚ spiritual purity is linked to physical
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lasted till 1600. The Renaissance initially started in Italy. Individuals in Italy wanted to revive the culture of classical Greece and Rome. Through this process new things were created and accomplished. The Renaissance caused changes in arts and society. Drawings‚ paintings‚ and sculptures focused more on the individual and it was portrayed in a realistic way. Writers used vernacular language‚ native language‚ rather than latin to share their ideas. Due to the printing press‚ more books were printed
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Values are very important to me because they guide me and form my priorities and behaviors. They work for me as indicators to show me if my life is moving the right way and going the way I want it to go. Your lifecycle comes to be less tensed and more effective when you recognize your own values. Eventually you make the effort to live by and worship these beliefs. Some of the many beliefs I honor are‚ forgiveness‚ love hope‚ honesty‚ respect‚ dedication and success‚ appreciation‚ caring and many
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Hierarchy of Values Leaders do not demand excellence they develop excellence. Living in Excellence is when "One is being all they can be" while staying in the boundary of what is right for the society. To achieve excellence you must first be a leader of good nature. As young children we were all taught‚ whether in school or from our parents‚ about the good characteristics we should strive to achieve. Many think that a person’s character is formed very early. For the most part this is correct
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objectives of Value Education Dr A R Seetharam Principal‚ B Ed Section Ramakrishna Institute of Moral and Spiritual Education‚ Mysore The Present Context The subject value education has come to acquire increasing prominence in educational discussions at all levels during recent times in our country. The issue has been projected as one of national priority in the National Educational Policy (NPE)‚ 1986. The Policy declares: "the growing concern over the erosion of essential values and an increasing
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VALUE ANALYSIS THE CONCEPT OF VALUE The value of a product will be interpreted in different ways by different customers. Value is subjective. Just as beauty lies in the eyes of the beholder‚ value is highly dependent upon perspective. Frequently‚ the analyst will discover that the different perspectives will lead to conflicting definitions of value. But usually its common characteristic is a high level of performance‚ capability‚ emotional appeal‚ style‚ etc. relative to its cost. This can also
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