CHAPTER 2 How to Calculate Present Values Answers to Problem Sets 1. If the discount factor is .507‚ then .507*1.126 = $1 2. 125/139 = .899 3. PV = 374/(1.09)9 = 172.20 4. PV = 432/1.15 + 137/(1.152) + 797/(1.153) = 376 + 104 + 524 = $1‚003 5. FV = 100*1.158 = $305.90 6. NPV = -1‚548 + 138/.09 = -14.67 (cost today plus the present value of the perpetuity) 7. PV = 4/(.14-.04) = $40 8. a. PV = 1/.10 = $10 b. Since the perpetuity
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Career Essay Sport Management For the longest time I could not decide on a major and a career to study throughout college. When I came to Georgia Southern University I discovered that they had a major that was very interesting to me. Sport Management id the ideal major for my interest and me. Since I love sports I figured that this would be the career for me. A degree in Sport Management helps to prepare for success in sport related occupations. The job market varies in the field of sport management
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Case Study: Bass Pro Shops Bass Pro Shops is a privately held sporting goods and outdoor goods store headquartered in Springfield‚ Missouri. In addition to the Outdoor World store‚ Bass Pro Shops has over 15 large retail stores in the U.S. It also owns and operates subsidiaries such as Tracker Boats‚ Big Cedar Lodge‚ and Redhead. Bass Pro Shops is known for a large selection of hunting‚ fishing‚ and other outdoor gear. History Founded by John Morris in 1972‚ Bass Pro Shops was born out
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Gregory Timothy In the United Kingdom sport is provided throughout many different ways and is funded through government Lottery and private sources. Maria Miller who works through a DCMS select committee will. There are National governing bodies and another type of organisation called “QUANGOS”. According to BBC (2010) a quango is an organisation that is funded by taxpayers‚ but not controlled directly by central government. These are run away from the government In order to give a service to
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Circular Flow of Income Model We start our study of macroeconomics Macroeconomics is a part of the subject that considers the economy as a whole. When we study macroeconomics we look at changes in economic growth; inflation; unemployment and our trade performance with other countries (i.e. the balance of payments). The scope of macroeconomics also includes an evaluation of the relative success or failure of government economic policies. by introducing the idea of the circular flow The circular
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Sports: Strength‚ Success‚ and Then There’s Steroids Imagine your favorite athlete winning gold in the Olympics. Doesn’t that make you proud? Well‚ now what if you found out that he/she cheated by using steroids. What a horrible way to win! Steroids is ruining the fun and pride in all sports. I personally believe that steroids are just abolishing all athletes hard work. Cheaters should never win‚ but many can get away with cheating by using steroids or performance enhancing drugs.First of all‚
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Table of content Question 1 2 Question 2 2 Question 3 3 Question 4 3 Question 5 3 Question 6 4 Question 7 4 Question 1 We are given two bonds with the same interest rate of 5%‚ and no one of bonds has an embedded option so they will not be exercised prior to the date of maturity. Moreover‚ both bonds are traded in one market and they have identical yield‚ therefore it is irrelevant factor. However‚ two bonds have different term of maturity: bond A matures in 15 years‚ while bond B matures only
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their time practicing sports. Discuss the advantages and disadvantages of this. Use specific reasons and examples to support your answer. While some students spend much time studying in schools‚ others use much of their own time practicing various type of sports. If we open a debate on this topic‚ we will likely discover that‚ spending much time practicing sports has both advantages and inconveniences. In my opinion‚ the advantages of some students doing a great amount sports outweigh its inconveniences
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Chapter 1 Prices‚ Discount Factors‚ and Arbitrage STARTING WITH COUPON BONDS • Three aspects: In May 2010 the U.S. Treasury sold a bond with – a coupon rate of 2 % and – a maturity date of May 31‚ 2015 – a payment frequency of two a year‚ six months apart s of May 31‚ 2015” • This bond is called “ Coupon rate 9/5/2013 Coupon frequency‚ “s” is for “semi‐annual” L. Wu maturity 2 Cash Flow of the Bond • The unit for bond purchasing is $1‚000. • Suppose that an investor purchases $1m face
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Eric Tuiloma Prof. Elder English 102 24 April 2012 Income for College Football Athletes College football athletes have been selling their jerseys‚ selling signature footballs‚ and committing crimes in order to be able to feed and support themselves financially to survive in the real world. Student athletes don’t have enough time on their hands to work during the season or during off season workouts. It’s considered a year round sport due to the fact that in offseason‚ college football players
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