Derivation of “quick and dirty” approximation of bias formula Thomas Noe Balliol College/SBS 21st October‚ 2013 This note relates to the derivation of the “quick and dirty” formula for estimating the bias generated by using the YTM as an approximation of the expected return on debt. The assumptions: 1. Debt is perpetual 2. probability of default is δ in each period. The probability is the same in every period 3. If default occurs‚ bondholders receive ρ fraction of the face (principal) value
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Anne Bradstreet’s poem‚ The Author to her Book‚ metaphorically describes a mother’s feelings towards her book being published without permission. The lines 10 and 20 indicate a shift of a gradual change in tone‚ from critical and embarrassed to acceptance. The baby described in the poem figuratively represents her book and her life. Primarily‚ the imagery contributes to the complex attitude of the speaker due to the descriptions of her flaws and errors that she has had in her life (book) that has
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Death of the Author “The birth of the reader must be at the cost of the author.” Barthes argues that- Literature is studied through an understanding of authors not individual texts Text and author should be studied independently from one another Author should not be held solely responsible for the success or failure of a text as they are separate entities The responsibility of a text lies with the reader A text should be defined by the interpretation of its readers not the authors intended
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Bias in College Admissions There is no mistaking that getting into college is highly competitive‚ a college degree is now more necessary than ever. There are many kinds of bias race‚ gender‚ grade point average‚ financial ability and more important class. The Oxford American College Dictionary defines bias as "Prejudice on favor of or against one thing‚ person‚ or group compared with another‚ usually in a way considered to be unfair. Many in this country view the college or university admissions
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Strategic Management Market Dynamics Copyright by Authors Tom Koplyay and David Goldsmith July 1998 3-1 ETOP Environmental Threat and Opportunity Profile Factor Regulatory Competitive External Alliance Internal Alliance Entrepreneurial Info Highway Financial Social Impact 3 -2 7 -6 4 5 7 2 Importance 8 7 6 5 5 4 4 3 Opportunity 24 Threat -14 42 -30 20 20 28 6 In this ETOP factors are tailored and ordered as to their importance Regulatory
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“Any Human to Another” Countee Cullen was an African American writer during the Harlem Renaissance. His poem “Any Human to Another” calls on whites and Americans in general to put aside their racial differences and come together in harmony. Cullen’s reflective and didactic tone is established through numerous rhetorical dev ices. The first thing one notices when reading the poem is the constantly changing rhyme scheme. Cullen uses a changing meter to emphasize each stanza‚ making them stand
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The Arguments for God and Confirmation Bias In What Question Does a Theistic Argument Answer‚ Linda Trinkaus Zagzebski argues that the three arguments for the existence of a deity are responses to an assortment of inquiries. We cannot know if one of the arguments is successful‚ unless we can comprehend the question the argument aims to answer. In addition‚ we need to know who is asking the question. For instance‚ an agnostic may be asking a question directed towards both a theist and atheist. She
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whether you are bias in regards to a certain thing‚ person‚ or group in comparison to another you may respond with a “No”. While you believe this to be true‚ there is actually something called implicit bias that you are unaware of and this could be contradicting to what you believe. An individual’s implicit bias can affect their understanding‚ their actions‚ and the decisions they make in an unconscious manner. This means that you are completely unaware of your own implicit bias and you have no intentional
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"The Author to Her Book" A writer has to have a certain amount of passion about their work. In the case of Anne Bradstreet in her poem "The Author to Her Book‚" compares a writer and their work to a mother and her child. As you read the poem you can see how she compares the growth of her work to the growth of a child. The first two lines of the poem show a motherly comparison by the words offspring and birth. The first line‚ however‚ has a negative allusion as well‚ from the words ill-formed
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was due to the tyranny of the British government who had suppressed free speech and the right to have public meetings. Many who came to America came on search of better religious freedoms which was something they wanted to fight for in America. The Author of the First Amendment was James Madison who wanted to make it the action clause of the United States Constitution which provided a solid intellectual
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