Does it mean that black parents are very negligent? Or the fact that they are very poor? This reading tells us about a book by Dorothy Roberts titled Shattered Bonds: The Color of Child Welfare. This book tells us that poverty is the leading cause of children being put in foster care. We see that poverty led to women losing their children as a result of lack of healthcare‚ inadequate housing and an inability to
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Stocks versus Bonds: Explaining the Equity Risk Premium Clifford S. Asness From the 19th century through the mid-20th century‚ the dividend yield (dividends/price) and earnings yield (earnings/price) on stocks generally exceeded the yield on long-term U.S. government bonds‚ usually by a substantial margin. Since the mid-20th century‚ however‚ the situation has radically changed. In addressing this situation‚ I argue that the difference between stock yields and bond yields is driven by the long-run
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Introduction In recent years‚ the issue of efficiently mobilizing capital has become the concern of all companies. There are some ways of doing this: borrowing from the banks‚ issuing stocks or issuing bonds. However‚ when the interest rate of borrowing from banks is very high due to high inflation‚ together with the stock market is quite instable; calling for capital from bond market is much more preferred by investors. In the context of this report‚ some major points regarding the bond market in Vietnam
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Abstract The main two reasons for the companies to implement variable pay plan are: motivating employees and reducing cost. In this paper we try to point out the challenges the organizations might face when they apply variable pay system by reviewing related literature. We find that it is difficult for the company to have a reliable measure for the variable pay system. In addition‚ the focus of the variable pay plan should be on motivating employees or cutting cost and how to strike a balance between
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The wage gap is a statistical value commonly used as an indicator of the status of women’s earnings relative to those of men; this gap is calculated by dividing the median annual earnings for women by median annual earnings for men. According to the institute for Women’s policy Research‚ in 2015 it was recorded that female full-time workers earn about 80 cents for every dollar earned by men‚ indicating a gender wage gap of 20%. To understand the wage gap that exists today and what factors contribute
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Chapter 15 1. RIZAL AS HISTORIAN Rizal’s research studies in the British Museum (London) and in Bibliotheque Nationale (Paris) enriched his historical knowledge. His annotations to Morga’s book showed his familiarity with historiography. He told Isabelo de los Reyes‚ “A historian ought to be rigorously imparted…I never assert anything on my own authority. I cite texts and when I do‚ I have them before me.” 2. RIZAL AS HISTORIANFirst Voyage Around the World (Italian) Antonio PigafettaHistorical
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received “$57‚692 in salary‚ a $15 million signing bonus and an additional $68 million in stock options.” or Lloyd Blankfein who was president and chief executive officer for Goldman Sachs who “took home nearly $54 million in compensation last year.” referring to 2007‚ is compensation of this magnitude for one year’s worth of work does two things. First‚ once you receive compensation this large it takes away the motivation to stay successful for the following years. Secondly‚ it creates motivation
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It’s a fact‚ when talking on the subject of war‚ we presume that if the generals and country leaders didn’t start them‚ they would by no means occur. In a book like Storm of Steel by Ernst Junger‚ though‚ there seems to be one more requirement‚ ready and enthusiastic soldiers. Junger would have probably preferred themselves "warriors" or barbarians. It’s within this book that Ernst Junger tells the story of a man who describes and most likely believed that the battlefront of World War I was not a
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I recommend buying the OSX 9.25 2015 bond for 90 cents on the dollar for a YTW of 15% in 2015‚ but I believe the correct yield is yield to next call (111%)‚ as I believe the company will call this bond in June‚ 2013 at 103. The bond is secured by a 1st lien collateral on an FPSO that is being built in Singapore (87% completed) that will be delivered on Q4 to the company. Value of the FPSO is 700MM USD as marked on OSX´s book‚ total debt is 500MM USD. Eike Batista is the main shareholder of Centennial
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15) A country’s consumption possibilities frontier can be outside its production possibilities frontier if __________. A. the country engages in trade B. the citizens of the country have a greater desire to consume goods and services than do the citizens of other countries C. the country imports more than it exports D. the country’s technology is superior to the technologies of other countries 16) In computing GDP‚ market prices are used to value final goods and services because __________
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