1. How would you evaluate the capital budgeting method used historically by AES? What’s good and bad about it? Historically‚ the AES capital budgeting method primarily used the following assumptions: • All nonrecourse debt was regarded as good • Dividend cash flow were considered equally risky • Project was evaluated by the equity discount rate for the dividends from the project • A 12% discount rate was applied to all projects. The historical method is quite simplistic
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Introduction Strategic Capital Management‚ LLC is a hedge fund planning to make financial investments in Creative Computers and Ubid. Creative Computers sold approximately 20% of its Internet auction subsidiary‚ Ubid‚ to the public at $15 per share. Ubid’s stock price closed the first day of trading at $48‚ giving Ubid a $439 million market capitalization. On dec 9‚ Creative Computers had a market capitalization of $ 232 million (22.75 * 10‚238‚703 outstanding shares) whereas Ubid’s market capitalization
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Banc One Case Analysis Case Summary Banc One has a problem with the alignment of two of its important strategies: (1) rapidly acquiring profitable banks and (2) sustaining high returns while mitigating interest rate risk. Banc One has been very successful in acquiring banks‚ and much of this is done through the sale/transfer of Banc One’s stock. This strategy relies heavily on Banc One’s ability to maintain a high stock price. The second
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Importance of Sports Sports have been around for quite a long time now‚ but do we realize how much of an impact they have made? They helped the economy and people as well. Sports have a very different history that made a huge impact on today. Sports were used as entertainment during the war‚ it also boosted our economy‚ and is important to health and fitness. I think sports were very important in the making of what we have today. They affected the people of this time as well. A reason sports were so
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which has developed in an area for a long history. It is the expressive of the character of people who possess it. So different culture developed its own identities. Richard Lewis qualified to plot the world’s cultures into three group: Linear-actives‚ Multi-actives and Reactives. He thinks the categorization is widely applicable and does not change over time. According to his article‚ I consider that his theory is an admirable summary of world’s culture which fits to ordinary situations. However‚ it’s
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The Social Benefits of Sport An Overview to Inform the Community Planning Process sportscotland Research Report no. 98 Professor Fred Coalter Institute for Sports Research University of Stirling sportscotland v1‚ January 2005 This research report is one of a series of reports and summary digests available on sportscotland’s website: www.sportscotland.org.uk/ The research section is located at: www.sportscotland.org.uk/ChannelNavigation/Resource+Library/TopicNavigation/Research/
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today’s society‚ it is important to keep children active and healthy. It is so that they don’t become lazy and unmotivated. By playing sports it is a way for kids to become active and sociable with other kids around them rather than having them sit on the computer all day or watching T.V. When it comes to team sports it can have its advantages and disadvantages‚ it can be worthwhile for that kid or it can end up in a disaster. Being in a team sport takes effort and dedication‚ when a team member is
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1) Active and passive Compare the following sentences: Your little boy broke my kitchen window this morning. My kitchen window was broken by your little boy. In the first sentence‚ the person who did the action (your little boy) is the subject‚ and comes first; then we say what he did (with the verb‚ broke) and what he did to (the object‚ my kitchen window). In the second sentence‚ the opposite happens: we start by talking about my kitchen window (the object of the first the
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Active Listening Essay May 7‚ 2008 Active listening is a communication skill that facilitates understanding‚ comprehension‚ and compassion between people. Good listeners “actively process information‚ make pertinent comments‚ and ask relevant questions” (Brent and Anderson 123). They are engaged in the conversation and purposeful in listening‚ thereby creating opportunities that improve relationships‚ increase cooperation‚ solve problems‚ and build intimacy. According to Philippa Cordingley‚ founder
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It sounds simple. All you have to do is pay attention to the words that another person is saying to be an active listener. But active listening is more than paying attention and there are some barriers that sometimes have to be overcome to listen effectively. So as my colleague Avanthi explained now I’m going to highlight the various kinds of barriers confronted in listening actively. Active listening barriers mainly comprises of the seven major communication barriers namely physical barriers‚ emotional
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