recent studies on the combination of MM theory and CAPM model are based on the formula of cost of capital‚ which could get a beta equation of levered firm and unlevered firm. However‚ when we treat a company as an asset portfolio‚ the risk factor of the asset is the weighted average risk of equity and debt. From the definition of debt risk in MM theory‚ we also can get beta equation. It’s worthwhile to apply the combination of CAPM model and MM theory into the investment evaluations. Key words:
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Wonderland Confectionaries is a well – developed chain of restaurants that is willing to invest large sums of money into a theme park‚ based on the model of their competitor and surrogate company‚ Alice Limited. Given the facts‚ I will now try to establish whether the management’s decision to invest into this project is a well-documented and viable one. Further on‚ I will try to prepare a report analysing a few important aspects that managers should take into account when making such an investment
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Presenting the Test Cell Algorithm for Solving Sudoku Puzzles Tom Kigezi Department of Electrical and Computer Engineering‚ Makerere University‚ Kampala‚ Uganda Abstract— Sudoku‚ the logic based combinatorial numberplacement puzzle has gained worldwide fame among mathematicians and scientists alike in the field of Computational Game Theory. Notably‚ a vast majority of computer-based algorithms available for solving these puzzles try to mimic human logic in their implementation‚ making them liable
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mentioned ways. Using the manufacturer’ standard solution‚ the efficiency achieved was 98 and 73% for alpha and beta counting‚ respectively. Whereas‚ using the internal (mixed 214Am-90Sr) standard source the Pulse Length Index (PLI) to discrimination of alpha and beta at 6. The triple-to-double coincidence ratio (TDRC)‚ which the same as the efficiency‚ was 100% for alpha and 99.75% for beta counting. To set window for counting 226Ra‚ a standard source of 226Ra activity of 2 Bq mL-1 was made in lab
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4-methylenedioxypropenylbenzene‚ 1-(3‚4-methylenedioxyphenyl)-1-propene MDP-2-P: 3‚4-methylenedioxyphenyl-2-propanone‚ 3‚4-methylenedioxyphenylacetone‚ 3‚4-methylenedioxybenzyl methyl ketone‚ piperonylacetone piperonal: 3‚4-methylenedioxybenzaldehyde‚ heliotropin beta-nitroisosafrole: 3‚4-methylenedioxyphenyl-2-nitropropene
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market and thus would like to hedge such risks. * Pine Street Capital established relationship between the performance of PSC’s portfolio and the market. Thus PSC adopted the market-neutral strategy as they want to eliminate the market risk (beta risk) which was hedged from PSC’s
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Corporate Finance Nike‚ INC: Cost of capital 1. What is the WACC and why is it important to estimate a firm’s cost of capital? Do you agree with Joanna Cohen’s WACC calculation? Why or why not? Definition of WACC (Weighted Average Cost of Capital): WACC is basically the average of the cost of finance (debt and equity). Since a company’s assets can be financed by debt or equity‚ WACC can show the averages of the costs involved in the sources of financing. These costs are then weighted
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quartz (SiO2) and FePO4 The following describes the crystal chemical relationship between quartz (SiO2) and FePO4. At temperatures below 980 K‚ FePO4 exists as alpha- FePO4. Beyond the temperature mark of 980 K (at 980 K or higher)‚ FePO4 exists as beta- FePO4. The geometrical symmetry of single cell of α- FePO4 is trigonal while the geometrical symmetry of β- FePO4 is octahedral structure. At the alpha phase‚ the cell parameters shoots up by a large number and there is thermal expansion involved
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stimulus in this case would be the change in blood glucose levels‚ the receptor would be the pancreas with the Alpha and beta cells detecting the change in glucose levels‚ the control centre would be the pancreas because this is where all of this is happening‚ and finally the effector would be the change in the
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1305 b. The standard deviation for the company and the index Answer: sd of company= 14.209‚ sd of index= 8.266 c. The beta for the Chelle Computer Company Answer: beta= .00759 Problem 8 8. As an equity analyst‚ you have developed the following return forecasts and risk estimates for two different stock mutual funds (Fund T and Fund U): Forecasted Return CAPM Beta Fund T 9.0% 1.20 Fund U 10.0% 0.80 a. If the risk-free rate is 3.9 percent and the expected
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