------------------------------------------------- FINC5001 Capital Market and Corporate Finance ------------------------------------------------- Workshop 5 – Capital Budgeting II 1. Basic Concepts Review a) In applying Net Present Value‚ what factors do we include‚ and what factors do we ignore? Use cash flows not accounting income Ignore * sunk costs * financing costs Include * opportunity costs * side effects * working capital * taxation * inflation
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S Y N T A X LECTURE 6 BASIC SYNTACTIC NOTIONS 1. Some approaches to the study of syntactic units. The central role of syntax within theoretical linguistics became clear only in the 20th century‚ which some scholars call the "century of syntactic theory" as far as linguistics is concerned. Nowadays theoretical approaches to the discipline of syntax are numerous and extremely diverse. One school of thought treats syntax as a branch of biology‚ since it conceives of syntax as the
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road. In order to drive a car you must first take drivers training‚ if you have never driven a car. Then you take a written test that includes all the information you have learned about the road. But‚ for now learning about signs and colors is the basic steps to learning how to drive. There are many colors of signs in which you need to know the difference. Red is usually used to warn you that there is no parking here‚ stop‚ or no enter. This is one color you must always obey. Yellow can mean
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Unity in Diversity: European Values Unity in Diversity is the official motto of European Union. Is there a unity in diversity? Even there are many different cultures in Europe are there common European values? In order to define “European Values” first we should answer an important question. What is Europe? In basic sense it is a continent. But actually it is more than just a continent. Olli Rehn who is the vice president of the European Commission says “I am often asked where Europe’s ultimate
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MODULE BASIC CONCEPTS OF POLYHEDRONS This module will introduce to you basic ideas about polyhedrons. It will help you determine the surface of polyhedrons. It will also explain to you regular polyhedrons‚ its classifications and how to construct it. Learning Goal This module is written for you to: 1. Define polyhedrons; 2. Identify and illustrate the surface of polyhedrons; 3. Determine convex polyhedrons; 4. Determine regular polyhedrons; and 5. Construct regular polyhedrons.
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BASIC ENGLISH NOTES SENTENCE: A group of words which expresses a complete thought. A sentence must contain a subject and a finite verb. There are four types of sentences: (1).STATEMENTS (2). QUESTIONS (3). EXCLAMATIONS (5). COMMANDS (IMPERATIVES) Sentences can be classified as simple sentences‚ compound sentences‚ or complex sentences. A Sentence may be divided into a subject [ (who or what
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1.3 Communication Basics learning objectives Describe how the communication principles and misconceptions in Chapter 1 are evident in a specific situation. Assess the needs (physical‚ identity‚ social‚ and practical) that communicators are attempting to satisfy in a given situation or relationship. Apply the transactional communication model to a specific situation. Instructions Use the case below and the discussion questions that follow to discuss the variety of communication issues involved
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is not subjected to active trading by the CDO manager‚ implying that the uncertainty regarding interest and principal payments to the CDO tranches is determined mainly by the number and timing of defaults of the collateral securities. A market-value CDO is one in which the CDO tranches receive payments based essentially on the mark-to-market returns of the collateral pool‚ as determined in large part by the trading performance of the CDO manager. The trustee of the CDO is responsible for monitoring
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Unit 2 Markets – Why they fail Steve Margetts Page 1 CONTENTS An Introduction To Market Failure 2 Defining Externalities 2 Correcting For Externalities - Government Policies 7 Merit Goods 14 De-Merit Goods 16 Public Goods - Provided By The State 17 Indirect Taxes – Reducing Negative Externalities 18 Subsidies 21 Cost Benefit Analysis (CBA) 22 Barriers to Entry 24 Monopoly 25 Index 28 Unit 2 Markets – Why they fail Steve Margetts Page 2 AN INTRODUCTION TO MARKET FAILURE Market failure
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evolved into a modern art form. The goal of this art is to transform a flat sheet of material into a finished sculpture through folding and sculpting techniques‚ and as such the use of cuts or glue are not considered to be origami. The number of basic origami folds is small‚ but they can be combined in a variety of ways to make intricate designs. The best known origami model is probably the Japanese paper crane. In general‚ these designs begin with a square sheet of paper whose sides may be different
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