An Implication of the Modigliani-Miller Capital Structuring Theorems on the Relation between Equity and Debt1 Ruben D. Cohen 2‚3 Abstract We illustrate here the effects of the Modigliani-Miller theorems on capital structuring‚ emphasising especially on the relationship between equity and debt. This is carried out numerically via a simplified financial statement‚ which takes us through the methodology that leads to the ROE‚ WACC and firm’s value‚ all plotted against leverage. Introduction The
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Summaries of Newspaper Articles Article: 1 Action against Noise Pollution Overdue Shihab Ahmed The Financial Express Monday‚ January 18‚ 2010 The article reports that there is a draft for noise pollution control law that the government has not yet paid enough importance to in spite of its urgency. The law proposes a fine of Taka 10‚000 and a maximum imprisonment of six months for producing noise higher than the permissible limits. The Society for Assistance of Hearing Impaired Children
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Environmental pollution In this topic we are going to deal about different types of pollution and due to these types of pollution how our environment is facing disasters and calamities. Introduction: Environmental pollution can be defined as “the unfavorable alteration of our surroundings” Types of pollutants: 1. Bio degradable pollutants - decompose rapidly by natural processes. 2. Non-degradable pollutants-do not decompose or slowly decompose in the environment. Pollutions are different
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Environmental pollution The nature is the most wonderful thing in the world. It gives us its loveliness to enjoy and to admire. The nature provides us with its riches: water and air‚ soil‚ mineral resources‚ flora and fauna‚ forests and fields. Nowadays situation is very bad‚ but just someone understand it. It means that many species of flora and fauna have already disappeared or are disappearing because of harmful actions of people. People have always polluted their surroundings. But until
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Ocean pollution Hannah Waddell Ocean pollution is a growing problem and affects people as well. It is a growing problem that needs to be stopped and controlled immediately. Taking care of our water will be beneficial for our long-term survival. If we put off this problem any longer‚ the prices will only escalade even higher. We need water to survive and the ocean is one of the greatest water suppliers. The actions we take or do not take will affect the future in either a negative or a positive
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Soil Pollution The process of contamination of the land surface of the earth is referred to as land pollution. It results from human activities that cause imbalance in nature. Dumping human and industrial waste harmful agricultural practices and exposing the land to harmful chemicals leads to the pollution of land. We speak of water and air pollution and rarely even think of the adverse effects of land pollution. Let me share with you some of the important facts about land pollution. Land
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Introduction to Industrial Pollution Industrial pollution is pollution which can be directly linked with industry‚ in contrast to other pollution sources. This form of pollution is one of the leading causes of pollution worldwide; in the United States‚ for example‚ the Environmental Protective Agency estimates that up to 50% of the nation’s pollution is caused by industry. Because of its size and scope‚ industrial pollution is a serious problem for the entire planet‚ especially in nations which
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Air Pollution Essay The Sources and Affects of Air Pollution (topic): Air pollution is the contamination of the air by noxious gases and small particles of solid and liquid matter in amounts that can cause harm to living organisms. Sources of air pollution include: transportation engines such as automobiles‚ power and heat generation‚ industrial processes‚ and the burning of solid waste. The combustion of gasoline and other fuels in automobiles‚ trucks‚ and jet airplanes produce the most common
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Automobile Pollution. Automobiles can cause many different kinds of pollution in the environment. Air‚ health and groundwater pollution are of the most common. The reasons for these problems can be contributed to exhaust systems and light switches that are standard equipment on most cars today. Older and newer cars alike are equipped with a catalytic converter system. Which are supposed to convert hydrocarbons‚ carbon monoxide and nitrogen oxides into harmless materials emitted from the automobiles
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Air Pollution Air pollution is very bad. We should regulate the excretion of air pollution from combustion engines and factories. Air pollution is contaminated air. It is both a health hazard and an environmental hazard. There are several ways how air pollution is bad‚ but there are also ways to help decontaminate or at least lower some of the pollution. Many people know about air pollution‚ but not everyone knows how hazardous it really is. According to the Environmental Protection Agency
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