equity when their market values are high‚ relative to book and past market values‚ and to repurchase equity when their market values are low. We document that the resulting effects on capital structure are very persistent. As a consequence‚ current capital structure is strongly related to historical market values. The results suggest the theory that capital structure is the cumulative outcome of past attempts to time the equity market. Introduction “Equity market timing” refers
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Factors Influencing Education in Northern Nigeria Introduction The aim of every country in establishing the quality education starts in the availability for all. A well developed country promise much more of the other countries can promise in terms of quality education. Sometimes‚ the countries that have a good quality of education usually serve better opportunities. On the other hand‚ the developing countries are still on planning to catch up with the other successful countries. This
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INSECURITY IN NIGERIA Underlying the quest for national security in Nigeria is the issue of political morality‚ which focuses on the question of defining the relationship between the state and the various groups in the society. Political morality properly construed seeks to establish and sustain the essential conditions for the smooth functioning of the state and society. It is in this light that we identify the problem of the moral basis of Nigeria’s security to be a vital imperative of national
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CHAPTER ONE 1.0 INTRODUCTION Nigeria as a democratic country like every other nation needs the media to drive or sustain good governance and engender national development. But the media often regarded as the fourth estate of the realm have an enormous task to accomplish this role as the watchdog of the society. The task or role of the media has to a large extent not been effectively accomplished. It is important here to state that the primary role of the media in any given society is to inform
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Running head: Cost Concepts‚ and Market Structure Proposal 1 Revenue‚ Cost Concepts‚ and Market Structure Proposal Melissa Hillyer University of Phoenix Economics 561 Dr. Kocharyan June 30‚ 2010 Revenue‚ Cost Concepts‚ and Market Structure Proposal 2 Abstract The following paper will analyzes Thomas Money Service scenario data and make recommendations to the company’s increasing revenue. This paper will analyze and determine how to fixed variable cost that should to maximize the profits‚ achieve
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Agreement has been implemented ten years after it was signed and six years after Nigeria ceded the Bakassi Penisula to Cameroon : Going by the procedural rules of the International Court of Justice ‚ ICJ by October 10 this year Nigeria will lose its right to appeal against the judgment of the International Court of Justice‚ ICJ‚ which had in 2002‚ ceded the oil-rich Bakassi Peninsula in Cross River State‚ Southern Nigeria to the Republic of Cameroon. By the terms of the 2005 Green Tree Agreement
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Scale & Diseconomies of Scale 10 * Structure of the Tablet Computer Market 11 * Barriers of Entry to the Market 12 * Conclusion 12 * Bibliography 13 Introduction In this report I will be analysing the market for tablet computers to see whether or not there is a gap in the market to launch a new tablet computer. Methodology I will be critically reviewing the computer tablet market as a whole identifying if there is a Demand for this
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UNIT IV - PRICING (16 MARKS) 1.EXPLAIN MONOPOLY MARKET WITH PRICING STRUCTURE MONOPOLY Monopoly is the least competitive market structure of all. A pure monopoly is a market with only one producer who produces 100% of the output. Consumers have the least choice in a monopoly market – buy from the monopolist or don’t buy. A monopoly market will have the highest price and the lowest total production of any market structure. The assumptions of monopoly are: One seller: The classic
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Differentiating Between Market Structures ECO 365 April 6‚ 2014 Differentiating Between Market Structures Market structure is the state of the market with respect to its competition. There are several different market structures such as perfect competition‚ monopolies‚ and oligopoly. An industry consists of all firms making similar or identical products. Economists assume that there are a number of different buyers and sellers in the marketplace (Heakal‚ 2014). In some industries‚ there are
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