“Ghost-Speech” as a story of bonds- broken‚ exposed and forged. C. Ayappan’s short-story‚ “Ghost-speech” is suffused with bonds of various kinds‚ at various levels. He very conveniently deploys the technique of magic realism to unveil these bonds as broken‚ exposed and forged. The bonds that pervade this story are correlative bonds of labour‚ caste‚ society and culture; agnatic bonds of relationships‚ lineage and illegitimacy; bonds of love‚ lust and incest; bonds of life‚ death and afterlife
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Nowadays‚ companies prefer to issue bonds so they can financed . Most companies can also borrow from banks‚ but direct borrowing from a bank is more restrictive and expensive than selling debt on the open market through a bond issue. The costs involved in borrowing money directly from a bank are prohibitive to a number of companies. In the world of corporate finance‚ many chief financial officers think that borrowing from a bank as the last option because of the restrictive debt covenants that
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Abacus Inc. has asked you price a 5 year bullet bond issue for them‚ with Price‚ Yield to Maturity and Modified Duration. There are no comparable existing issues in the secondary market either by Abacus or a competitor and so you will need to price the issue from scratch. You have the following set of US Treasury bond data and consultations with your Bank Equity Analyst and Debt Analyst suggest that a Z-spread for Abacus of 200 bps over Treasuries and a coupon rate of 6.5% should be appropriate
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Reading Summary of Common risk factors in stock and bond returns Xin Shi (A13119523) The paper introduces the famous Fama–French three-factor model which is a development of the traditional CAPM model and the findings of the 1992 paper. It believes the theory should be able to explain not only stock but also bond returns. Also this paper uses the method of time-series regression‚ which is quite different from the previous paper. After the development
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interest payment‚ in dollars‚ made on a bond each period is called the bond’s: A. coupon. 2. The principal amount of a bond that is repaid at the end of the term is called the: B. face value. 3. The specified date on which the principal amount of a bond is repaid is called the: C. maturity. 4. The rate of return required by investors in the market for owning a bond is called the: D. yield to maturity. 5. The annual coupon divided by the face value of a bond is called the: E. coupon rate.
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Municipal bonds are debt obligations issued by states‚ cities‚ counties and other governmental entities to raise money to build schools‚ highways‚ hospitals and sewer systems‚ as well as many other projects for the public good. When you purchase a municipal bond‚ you are lending money to an issuer who promises to pay you a specified amount of interest (usually paid semi-annually) and return the principal on a specific maturity date. Not all municipal bonds offer tax exemptions from both federal
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Unforeseen Bonds: Hardin’s Rhetoric in "Lifeboat Ethics: The Case Against Helping The Poor" As Andrew Kuper‚ a Fellow of Trinity College of Cambridge and researcher of philosophy‚ politics‚ and the modern world‚ once said "Since the costs to ourselves may be significant‚ how much ought we to sacrifice?" (Kuper‚ 1). A direct correspondence of such can be seen in the work of Garrett Hardin‚ specifically "Lifeboat Ethics: The Case Against Helping The Poor‚" versus Peter Singer‚ author of "The Singer
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How far do you agree with the view that The Kite Runner is a celebration of the bond of brotherhood? Brotherhood is a strong theme throughout the book and there is evidence supporting that it is a celebration of the bond of brotherhood but also that it isn’t. I think that The Kite Runner could be seen as a celebration of the bond of the brotherhood because of the relationship between Amir and Hassan. Although there are signs of disloyalty by Amir there are also signs of brotherly love between
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Connecting Humanistic Theories of Organizations‚ Authentic Leadership and Employee Voice Behavior Michael W. Bonds Bauder College January 13‚ 2013 The relationship between the “boss” and the employee is an important one indeed. It is a relationship that can make or brake an organization. While classical theorist such as Fredrick Taylor (Scientific Management Theory)‚ Henri Fayol (Administrative Theory) and Max Weber (Theory of Bureaucracy) (Modaff‚ Butler‚ Dewine
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Consumers’ Emotional Bonds with Foreign Countries: Does Consumer Affinity Affect Behavioral Intentions? Eva M. Oberecker and Adamantios Diamantopoulos ABSTRACT The construct of consumer affinity‚ which captures country-specific favorable feelings toward particular foreign countries‚ was recently introduced in the international marketing literature. In this study‚ the authors conceptually advance the consumer affinity construct and develop a measurement instrument for capturing affinity feelings
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