1. Effective Interest Rate on the new 10% debentures = 14.318% For the 10% debentures‚ the market value of 1 share is $19.5 (given) The equivalent of this is a cash offer of $3/share and a 10% subordinated debenture of face value of $23. So the PV (10% subordinated debentures with FV $23) = $19.5 - $3 = $16.5 The effective interest rate (yield) on the above is that interest rate ‘r’ that gives the following PV (Per period payment of ($23*5% i.e. $1.15) over 40 periods @ r) + PV
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Forensic Science in the 21st Century Gertrude West Forensic Science and Psychological Profiling /CJA590 May 30‚ 2011 Edward Baker Forensic Science in the 21st Century Forensic science has various influences on crime‚ investigation and the people that are involved. Forensic science has a connection with the courts to ensure crimes are getting solved and justice is being served to those that commit crimes. With the help of forensic science‚ crimes are being solved from a human and technological
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THE CHALLENGES OF GLOBALISATION FOR THE 21ST CENTURY. BY. EMMANUEL ODEH. ABSTRACT The article argues that the challenges facing higher education in the new millennium cannot be understood unless proper account is taken of the phenomenon of globalisation. Two points are emphasised. The first is that globalisation cannot simply be seen as a higher form of internationalisation; it is a much more turbulent phenomenon that not only transcends but ignores national boundaries. The second is that
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Chomnapas C. (Amp) Outline some of the main issues facing higher education in the 21st century. To what extent is higher education an effective means of both obtaining employment and learning the basic prerequisite skills for global workplace? Since educational level has been essential in global society‚ there is an increase of higher education’s demands in labour markets. These are affecting both new graduates and existing workers who are looking for jobs. In addition‚ various companies today
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Facing Poverty from Funeral Costs in the 21st Century Each day many Americans are beginning find themselves face-down in poverty after a loved one passes due to the high expenses of funeral services. Due to the inflation of money supply‚ prices are rising in all industries‚ while many people argue the price of many funeral industries it begins to put a bad name on their company (Boring). There are many funeral directors who try to steer families into a more affordable alternative if they have no
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A Case Study on the Coming of a Globally Integrated Enterprise Introduction Framed by the year 2009‚ the International Business Machines Corporation (hereafter IBM) aims at becoming a ‘globally-integrated enterprise’ and is therefore facing the act of balancing between being deeply connected (in order to provide value for customers and society) and yet above the fray (to avoid divisive controversies). Over its nearly 100 year history‚ IBM moved from international (exporting form the U.S.) to
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impact on a divided nation. It provoked readers of the time to question and re-evaluate their own morals and beliefs in relation to serious racial issues. However‚ many years later‚ some may question‚ ‘why should we study this dated novel in the 21st century’? Is ‘To Kill a Mockingbird’ relevant to modern day senior students? After reading the novel‚ the answer to this question is quite simple. This novel is highly
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DESKTOP PUBLISHING RESEARCH ACTIVITY TABLE OF CONTENTS Title-----------------------------------------------------------------------------------------------1 Table of Contents----------------------------------------------------------------------------2 Word processor history-------------------------------------------------------------------3 Desktop Publishing-------------------------------------------------------------------------4 Basic Phase in DTP-------------------------------------------------------------------------5
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Role of education in 21st century Long‚ long ago‚ Newton had said that he was ‘like a child‚ who is picking pebbles at sea-shore while the great ocean of knowledge lies before me’. Since then‚ knowledge has grown enormously at a much faster speed than human ability to cope with it. Technological advancements of twentieth century‚ especially during post 1970′s due to revolution in the field of information technology‚ have changed the whole scenario. Entering into world of knowledge is like going
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Name : Lola Purba SCN : 1223420 Subject : Writing Teacher : Ms. Jane Persad Women’s Emancipation in The 21th Century “…When you educate a man you educate an individual‚ when you educate a woman you educate a whole family…” Johnetta B‚ Cole wisely stated. Cole’s quotation draws an analogy that it is more important to educate women‚ because educating women means educating the members of family. For this purpose‚ women deserve education as men; likewise‚ women want to be treated equally as men
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