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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English 10 -1 “The Merchant of Venice” Act 1 – Scene 3 Questions 1. Bassanio contact Shylock regarding the loan. What are the terms of the loan? What does it mean for Antonio to be “bound” to a loan? The terms of the loan was Interest free The guarantor was to be Antonio If Bassanio did not repay the loan in three months‚ then Shylock would take a pound of flesh from Antonio. 2. What does it mean when Shylock says‚ “Antonio is a good man” (Line 12)? How does Bassanio take his meaning? What
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Unit 10 Assignment 1: Controls IS 4560 Hacking and Countermeasures Thursday‚ December 19‚ 2013 Unit 10 Assignment 1: Controls Aim Higher College needs to ensure the safety of all its information. Recently we have seen suspicious and careless activity in the research data center. Data center technicians have reported lights left on‚ doors left open‚ successful logins to the research database‚ as well as login attempts in the backup business database after normal hours of operation.
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| World War I (Total War) | World War II (Total War) | Causes | Long Term: MAINShort Term: Serbian Nationalism‚ Bosnian crisis‚ Moroccan crisisImmediate: Ass. of Austrian Archduke Franz Ferdinand | Long Term: Treaty of Versailles‚ Failure of LON‚ Econ DepressionShort term: Absynnia‚ Munich‚ appeasement Immediate: Invasion of Poland (9.1. 1939) and Pearl Harbor (12. 7. 1941) | War | Western Front: Schlieffen Plan fail‚ Trench Warfare‚ Entry of USA Eastern Front: Austria & Germany V.S. Russia
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Introduction Company G is a major player in the electronics market. We have an excellent reputation for being a ground-breaking company that provides high-quality‚ highly reliable products that are reasonably priced. Our consumers take pride in the items that they purchase with the Company G name on them. Our small appliance line fits well into our electronics family and will be just as pleasing to our customers as our other products. The G100 Iron/Garment Steamer introduced in this marketing
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from birth. However‚ a lot of people don’t realize success comes with a lot of failures. I’m not going to lie‚ I thought life would be easy. I graduate from high school‚ never got in trouble‚ and was a promising basketball star. In my adolescence years‚ things were handed to me‚ and I never really thought about my future. When the time came for me to take on the real world‚ I didn’t know what the struggle and the grind of life was. What made it even more tough was‚ growing up in the urban part of
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The corporate bond market is “thin” compared to the market for money market securities or corporate stocks. a) true Prices in the corporate bond market tend to be less volatile than prices of securities sold in markets with greater trading volumes. a) False All other things being equal‚ a given change in the interest rates will have a greater impact on the price of a low-coupon bond than a higher-coupon bond with the same maturity. a) True If investors believe inflation will be increasing in the
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AUTOMOBILE INDUSTRY Automobile Industry in India has witnessed a tremendous growth in recent years and is all set to carry on the momentum in the foreseeable future. Indian automobile industry has come a long way since the first car ran on the streets of Bombay in 1898. Today‚ automobile sector in India is one of the key sectors of the economy in terms of the employment. Directly and indirectly it employs more than 10 million people and if we add the number of people employed in the auto-component and auto
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Chapter 1 Case: Converse Converse‚ a brand of basketball shoes that became familiar with success from the start but dropped into bankruptcy in the early 2000’s‚ is now slowly climbing its way back to the top. Since 1908 when Converse was founded it was very popular among many athletes‚ artist‚ musicians‚ and designers. Converse was well known for its original canvas high top All Star or Chuck Taylor. In the 1970’s several companies started producing this “high-top” shoe‚ which caused Converse’s
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Chapter 3 1) What levels of meaning can be found in Genesis 1.1-2.4a? This section of the bible explains about Genesis is the book of ‘beginnings’ because the the lines of the opening words are literally translated to “In the beginning of God’s creating.” The first chapter of Genesis therefore rightly contains an account of the creation of the world in ‘six’ stages or days and on the seventh day he rested‚ which is called “Sabbath”. 2) What are the similarities and differences between the biblical
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