Ch.5 Yield (total return) = Dollar inc + (end-beg) beg. Value Risk of Return = r= Risk Free rate + Risk Prem r=rRF+DRP+LP+MRP Risk Free Rate = rRF = r* + IP -effects of int rates on PV/Price of securities: int goes up‚ value of bonds goes down‚ stock goes down (NPV) Prices -factors that influence int rates/yield curve 1.production opportunities-return avail w/in an economy from inves. In productive asset; higher prod opp‚ higher return 2. Time preferences for consumption 3
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a) History of Probability The scientific study of probability is a modern development. Gambling shows that there has been an interest in quantifying the ideas of probability for millennia‚ but exact mathematical descriptions of use in those problems only arose much later. According to Richard Jeffrey‚ "Before the middle of the seventeenth century‚ the term ’probable’ (Latin probabilis)
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PAGASA • CebuPac cancels 4 Caticlan flights • ’Lawin’ slightly weakens Reporter 1: Typhoon ‘Lawin’ gets stronger‚ heads far northern Luzon Typhoon “Lawin” sped up slightly as it continued its movement towards the northern Philippines‚ the state weather bureau said. At 4 p.m. Wednesday‚ the eye of the supertyphoon was plotted by satellite and surface data at 410 kilometers east of Aparri‚ Cagayan according to the Philippine Atmospheric‚ Geophysical Astronomical Services Administration (Pagasa).
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WEATHER ANALYSIS & FORECASTING ** Weather Analysis: process of collecting‚ compiling‚ analyzing and transmitting the observational data of atmospheric conditions *this data & analysis is then used to forecast future weather conditions * Types of data: * Each weather station‚ 10‚000 around the world‚ collects the same data at the same time‚ at least 4 times per day(0000‚ 0600‚1200‚ 1800 GMT) * Most US stations also collect data continuously or at least every hour
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Humanities From Wikipedia‚ the free encyclopedia Jump to: navigation‚ search The humanities are academic disciplines that study human culture‚ using methods that are primarily critical‚ or speculative‚ and have a significant historical element as distinguished from the mainly empirical approaches of the natural sciences.[1] The humanities include ancient and modern languages‚ literature‚ philosophy‚ religion‚ and visual and performing arts such as music and theatre. The humanities that are also
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Describe the transference/counter-transference element of the therapeutic relationship “We see things not as they are but as we are” Immanuel Kant (1724 - 1804) The transference/counter-transference concept is considered an essential part of the analytical process and plays a fundamental part in creating therapeutic change. Clarkson (2003) has identified transference and counter-transference as one of the 5 strands in her model of the therapeutic relationship. Clarkson (2003) defines the transference/counter-transference
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Armitage’s poems‚ ’Poem’ and ’About His Person’ are written about someone who has‚ for unspecified reasons‚ passed away or gone. One is in the style of a eulogy and looks back on the life of its persona‚ presenting contrasting views of it‚ while the other examines the articles found on a man after his death. Both give the readers some impression of the personas‚ but are somewhat ambiguous‚ inviting us to form our own mental pictures of the people and judge them for ourselves. The man in ’Poem’ seems
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AUSTRALIAS DAY: 1942 In Memoriam W.J. Miles IF EVER it were time for the dead to ride then surely that time is now: From the Leeuwin’s cliffs to the roar of Sydney-side‚ from Wyndham to the Howe call up your ghosts‚ Australia‚ call up your many dead; your Kelly and your Lalor and the shirted men they led; call up your brave‚ your Stuart‚ your Wentworth‚ your Benelong‚ your men who dared Hashemy with its bitter slavish wrong. Call up your quietened singers from the silence of the grave
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“The gramophone will one day be used for language teaching”‚ prophesied H.G.Wells. Shaw made a special recording on ‘Spoken English and Broken English’ for Linguaphone Institute. The English language – the way it is written and spoken and the way it should be written and spoken – was a favourite theme of Shaw. The first thing Shaw likes to impress is that “There is no such thing as ideally correct English. No two British subjects speak exactly alike” Shaw was a member of a committee established
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My favorite season is summer. I like the other seasons as well‚ but summer is the best for me. First of all‚ I like summer because the weather is hot. Some people think that summer is too hot‚ but I just love it as it is. The sky is always blue and it hardly ever rains‚ and if it does‚ it is a warm and pleasant rain. I usually enjoy walking in the rain because it relaxes me. I like spending the long summer days out and sometimes even the short and warm nights. I like this season very much because
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