the proposed employee stock option plan? In a typical stock option plan‚ the employee is offered a specific number of shares which he/she can exercise (buy) at some specified time in the future. The price at which the employee can buy the stock is equal to the market price at the time the stock option was granted (grant price). The employee ’s gain is equal to the market value of the stock at the time it is exercised‚ less the grant price. If the market price of the stock remains the same or decreases
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Revolution of Car Engines Introduction By definition an automobile or car is a wheeled vehicle that carries its own motor and transports passengers. The automobile as we know it was not invented in a single day by a single inventor. The history of the automobile reflects an evolution that took place worldwide. It is estimated that over 100‚000 patents created the modern automobile. You can point to the many firsts that occurred along the way to producing the modern car; and with that goal
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Six-stroke engine The six-stroke engine is a type of internal combustion engine based on the four-stroke engine‚ but with additional complexity intended to make it more efficient and reduce emissions. Two types of six-stroke engine have been developed since the 1990s: In the first approach‚ the engine captures the heat lost from the four-stroke Otto cycle or Diesel cycle and uses it to power an additional power and exhaust stroke of the piston in the same cylinder. Designs use either steam
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EFFECTS OF STOCK SPLIT Introduction The purpose of this research paper is information retrieval regarding stock split practice in a modern stock market‚ its major reasons and valuation effects on the company’s financial position. According to the definition stock split is a method commonly used to lower the market price of a firm’s stock by increasing the number of shares belonging to each shareholder. Companies are able to split their stocks in any number of ways. The most common stock splits are
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ABSTRACT The quest for an engine which having the same or more power with higher fuel efficiency than the existing ones has started before many years. As a result of all these researches a new engine concept is formed‚ which is a six stroke engine. Lot of research works are conducting on this topic nowadays and already six types of six stroke engines were discovered yet. Of these the resent developed three six stroke engines‚ i.e.‚ Beare head‚ Bruce crowers and Velozeta’s are undergoing
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Watt Steam Engine‚ Industrial Revolution in England The Watt steam engine (alternatively known as the Boulton and Watt steam engine) was the first type of steam engine to make use of steam at a pressure just above atmospheric to drive the piston helped by a partial vacuum. Improving on the design of the 1712 Newcomen engine‚ the Watt steam engine‚ developed sporadically from 1763 to 1775‚ was the next great step in the development of the steam engine. Offering a dramatic increase in fuel efficiency
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Current Dual-Fuel™ Technology Dual-Fuel™ is fitted onto a standard diesel engine‚ which operates unchanged‚ except power is generated by mostly clean natural gas. A measured quantity of natural gas is mixed with the air just before it enters the cylinder and compressed to the same levels as the diesel engine to maintain efficiency. The natural gas mixture does not ignite spontaneously under compression‚ so the Dual-Fuel™ engine uses a small injection of diesel fuel‚ around 10% of the total energy of
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definitions 2.1Real Estate Real estate is "Property consisting of land and the buildings on it‚ along with its natural resources such as crops‚ minerals or water‚ immovable property of this nature or an interest vested in this. 2.2 Real Estate valuation (or appraisal) The act of estimating the value of real estate by a person licensed to do so. A person performing an appraisal must receive authorization from the appropriate body of the state in which he/she resides. A real estate appraisal may
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create controversy even where it does not exist. Expert values have been fighting‚ in vain‚ to find out whether valuation is an art or a science. To set this rift at rest‚ Justice Viscount Simon of the House of Lords in Gold Coast Selection Trust case held that "valuation is an art and not an exact science. Mathematical certainty is not demanded‚ nor indeed is it possible". Thus valuation cannot be tied up by rigid laws of nature or science. It also cannot work under fixed and inflexible set up of
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the terms of reference‚ the Committee needed to review and make recommendations on the following issues: a. Ownership structure of stock exchanges and clearing corporations b. Board composition of stock exchanges and clearing corporations c. Listing and governance of stock exchanges and clearing corporations d. Balance between regulatory and business functions of stock exchanges and clearing corporations‚ with
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