Instructions for Efficient-Frontier Construction a. Estimation The goal is to obtain the raw ingredients – expected returns‚ standard deviations and correlations. Historical data are used for this purpose. As a rule of thumb‚ five years of daily data are probably right (one year should be the absolute minimum). Keep in mind the following: 1) make sure to use the adjusted close prices to calculate returns (so that you won’t have large‚ spurious negative returns due to dividend payments or splits)
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Music. How has music shaped my identity? To begin with‚ music plays an important role in shaping one’s identity. Without it‚ one would not be a whole person. Music has helped several people shape their personality and has made them take control of the person they want to become. In the present day‚ music has played a major role in influencing our society and culture. Music has become difficult to escape from because we are not only exposed to music via the radio‚ but also tapes‚ CD’s‚ television
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1. The geography of Greece shaped Greece in many ways. Since Greece was surrounded by seas (Mediterranean‚ Black Sea). Greece traded and sailed on seas in boats. The Grecians lived by the sea so it was much easier to get sea food and their meals usually included anything they could catch in the water. Thanks to warm weather life took place mostly outside. Children outside doing outdoor activities trying to keep cool‚ adults working on their land or slaves building. Due to all the mountains also surrounding
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Andrew Johnson Professor Sander Accounting 497 18 February 2015 Northern Frontier Parks‚ Inc. 1. After reading the case‚ I would say that the engagement risk the auditors are facing is fairly high. Up until 1999‚ George Newton‚ the current CEO/CFO of Northern Frontier Parks‚ Inc.‚ was responsible for creating the financial statements‚ which were not being audited or reviewed by anybody. This is an issue because without an audit‚ there is no way to ensure the company’s financials are being correctly
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How did the Korean War affect Sino-American relations and shape foreign policies between the two countries? The Korean War‚ also known as the Forgotten War‚ represents an important turning point in the Cold War. It was fought from the 25th of June 1950 to the 27th of July 1953. Although this war only lasted three years‚ many would argue that it had extremely important and lasting effects on the Cold War in general‚ as well as the foreign relations between China and the United States. The Korean
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Introduction (Problem) The Wild Frontier has expanded even more with the services and support provided in the past few weeks. Each of the original four (4) satellite offices have doubled in size and four (4) more offices are being opened. The current licensing seats have managed to cover all of the existing personnel‚ without full utilization but the new demand will overtax them. The owner‚ Sam Yosemite‚ gets all fired up if he can’t allocate costs fairly according to use. We also need to make the
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I believe in band. Band is one of the single most important aspects of my life. Band shaped the person I am today and will continue to shape my future. Band picks me up when I’m feeling down and makes the good days even better. It is a place to escape and get lost in music. I have been in band since sixth grade. My intentions were to play the trombone but my father told me “Trombones are for boys” so I ended up playing the trumpet. In this case my father was completely wrong. Almost of the
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is today. In this time‚ Canada’s economy and international trade were enhanced through government construction projects‚ women’s rights were further improved within the Constitution‚ and the prime ministers who served made significant changes that shaped Canada’s independence and
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MJ How European Attitudes‚ Deforestation and the Introduction of Biological Factors shaped American Environmental History In 1492‚ Christopher Columbus set sail from the Eastern coast of Europe seeking to find a shorter passage to what He believed would lead him to the Indies. Yet‚ in his quest for the Indies‚ Columbus stumbled on a land far greater and completely breathtaking…the Americas. Although Columbus and his crew were well aware of what they discovered‚ at least to a certain extent
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Professor English Composition I A New Frontier for Social Media The evolution of speech and communication is amazing. From grunting and signing to Tweets and Social Media rants. There was a time when a quite Sunday afternoon on the front porch swing would have capped off a good long week. Now‚ people are bombarded thousands of times a day with commercials‚ popups and spam email‚ just to name a few. The horizon of modern day speech and communication is changing and not for the better it seems
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