Inequality is an extremely controversial topic‚ there are infinite ways of measuring inequality - wealth‚ income and opportunities are just a few of them. Income inequality is the difference of household earnings and there are many factors that come in to play. It is by no means new to our society; before 1980‚ the top 1% was paid on average 80% more than the median wage (Bourguignon‚ 2015). As with any statistical modelling and measuring approach‚ there is a great deal of complexity to capture absolute
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ANSWERS TO QUESTIONS FOR CHAPTER 1 (Questions are in bold print followed by answers.) 2. What is meant by a mortgage-backed security? A mortgage-backed security is a security backed by one or more mortgage loans. Like a bond that is callable‚ a mortgage-backed security allows the investor to grant the borrower an option. 4. What is the cash flow of a 10-year bond that pays coupon interest semiannually‚ has a coupon rate of 7%‚ and has a par value of $100‚000? The principal or par
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American Modernization Modernization. This has been a feared word in the past and even today. For example‚ in the Great Gatsby‚ by F. Scott Fitzgerald‚ Gatsby is trapped living in the past and is disillusioned by modernization. Additionally‚ in the story A Rose for Emily‚ Emily is also afraid of modernization because she is trying to escape death by holding onto her father’s dead body. She is afraid to move on in her life and decides to hide in her past. Lastly‚ in one of Langston Hughes poems
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can go on their lives everyday. With all these the prospect family for this Micro Project would like to propose for a Whole Sale Store for Rice‚ sugar‚ oil and charcoal as their Micro project in each community where they live and will be source of income in their daily living. Objectives: 1. By January 2013 the project could start the said Micro Project. 2. To answer the families dilemma on their daily needs 3. and by January 2014 able to return the amount used for the Production expense
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Fixed Income Securities Chapter 2 Basics of Fixed Income Securities Problem Set (light version of the exercises in the text) Q3. You are given the following data on different rates with the same maturity (1.5 years)‚ but quoted on a different basis and different compounding frequencies: • Continuously compounded rate: 2.00% annualized rate • Continuously compounded return on maturity: 3.00% • Annually compounded rate: 2.10% annualized rate • Semi-annually compounded rate: 2.01% annualized
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I. INTRODUCTION Human behavior is the potential and expressed capacity for physical‚ mental‚ and social activity during the phases of human life. Human behaviour is experienced throughout an individual’s entire lifetime. It includes the way they act based on different factors such as genetics‚ social norms‚ core faith‚ and attitude. Behaviour is impacted by certain traits each individual has. The traits vary from person to person and can produce different actions or behaviour from each person
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UP‚ UP AND AWAY AIR OF CONFIDENCE How Indigo went from being a small airline to a spunky player which took on aviation biggies to grab third spot in the market Tushar Srivastava A decade ago‚ they were just another bunch of travel agents in a sea of similar Commission brokers. But Kabul Bhatia apparently knew how to make sense of the decades that his family-run busi¬ness‚ InterGlobe Enterprises had put in‚ doing the stuff and turning it into something bigger. Barely five years after it started
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as I love to go out to the movies‚ I would have to cut down on my entertainment expenses. The most interesting thing I learned about completing this worksheet was discovering that most of the time I am spending more than I actually earn a paycheck. I sometimes have to utilize other sources to help me cover my payments. Some of the ideas I did come up with about changing my budget are for one‚ not eating out so much. There are 8 mouths to feed in my home and
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Reporting Income for Dot-Coms Priceline.com 1. Under the current system of accounting‚ the company would record revenues of $250 as they are the merchants to the transaction and $200 (80% of transaction value) as their cost of goods sold. 2. Alternatively‚ the company can net off the effect and show $50 (20% of transaction value) as their commission revenue. 3. If I were the CFO‚ I would recommend to opt for the first method of revenue recognition because it would show better
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globalization‚ modernization: all terms used to describe the progression and growth of a country. For those countries who were once colonies of Europe‚ this modernization period proves particularly interesting. In a Brazilian context‚ the growth and progression throughout the periods leading up to‚ and following‚ independence prove to be some of the most crucial in regards to reformation throughout the country. The arrival of the Portuguese Court in 1807 brought a speedy modernization unlike that of
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