UGBA 103 Fixed Income Valuation 1A) YTM is 4.75% at time of issuance. YTM is 4.88% at 99 per 100. YTM is 4.62% at 101 per 100. 1B) NTT should have been selling at $915.861M PVpredrop = (47.5/.0475)*(1-(1/((1.0475)^2))) = 88.636M PVpostdrop = ((30/.03)*(1-(1/((1.03)^2))))/(1.03^2) = 198.502M PVfacevalue = 1B/(1.0475)^10 = 628.723M PVpredrop + PVpostdrop + PVfacevalue = 915.861M 2A) Bond A should sell at $1040.55 each. Bond B should sell at $1000 each. Bond C should sell
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Annie Warburton Goodrich: An American Pioneer Brittanie Tolbert Bellarmine University NURS 110 July 28‚2013Annie Warburton Goodrich known as Yale’s first female dean and “mother of nursing education” was born February 6‚ 1866 in New Brunswick‚ New Jersey. She was second of seven children. Her well-to-do father was a insurance executive and her mother was the daughter of a pioneer in progressive psychiatry who founded Hartford Retreat‚ an institution for the treatment of mentally ill
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In The Story of Stuff‚ Annie Leonard discusses the system in which the stuff we buy moves through. This system is called the materials economy. This system is in crisis due to a linear system in a finite planet. This system has limits not in sight. In this system‚ certain people have more say in making decisions than others - like the government and corporations. The job of the government is to watch out for us; however‚ corporations are larger than the government resulting in the government taking
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Brokeback Mountain What effect can a story have on the world? Broke Back Mountain is a book written by Annie Proulx that was written to highlight and hopefully eventually change how people view homosexuals. In the book‚ they use quite a bit of graphic text to describe the relationship between the two cowboys. I believe they use that graphic text in order to kind of in a way animalize the Jack and Ennis in order to show that their relationship is natural. A passage that shows this in the book
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Fixed and Floating Charges In the event where the borrower is a company a debenture will be issued. Under Section 4(1) of Companies Act (CA) 1965‚ debenture is the document that proves a company is actually borrowing money from the bank but it is not a charge. It can be divided into two types namely secured debenture and unsecured debenture. An unsecured debenture simply means that there is no security being used. It is similar to IOU as it is merely telling that the borrower (company) is borrowing
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Germany. Her best friend is Annie‚ a 14 year old Jewish girl that lives two blocks away. It was March 15‚ 1933. The Nazis have already started their invasion. Annie is being hunted down‚ she now has the yellow star‚ and they are waiting for her. Claire won’t let them take her‚ and neither will her family. Claire hides Annie in a secret part of her room‚ writing about it each day in her journal. “ I feel like they are getting closer‚ and I’m not sure how long we can keep Annie safe. My parents keep fighting
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Question 3 (a) (i) There are four differences between a fixed charge and a floating charge. One of the differences is a fixed charge is a charge which attaches to specific identifiable assets. The examples of specific identifiable assets are factory‚ building and land. On the other hand‚ a floating charge can be created on asets whch are presnt and futur. Floating charge does not attach to specific asset which changes from time. It is a chage on clas of aset instead on a specfic aset according
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Accepting ones past is always a hard thing to do‚ but by facing ones fears and learning to acknowledge and understand ones past‚ it becomes easier to move forward. Written in third person omniscient point of view‚ Annie Proulx’s novel‚ The Shipping News‚ exerts a dark yet comical tone. Proulx’s style of writing evokes a strong sense of setting and through setting the theme of the novel is developed. Ironic situations and comical details about the setting allow Proulx to emphasize her theme of how
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The picturesque diction Larson choses and the the poignant tone enhance Holmes thought process when he kills to present how he is truly psychotic. When Larson wrote‚ “ He pulled the stopper from a dark amber bottle of liquid and immediately felt its silvery exhalation in his own nostrils” which is a form of imagery. He includes to parade how Holmes is affected by the smell of death since the liquid is chloroform which he is using to kill. Holmes is sent to a euphoric state when he smells the chloroform
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In the face of adversity‚ what causes some individuals to prevail when others to fail? Both Annie John from “A Walk to the Jetty” by Jamaica Kincaid and Marita in Malcolm Gladwell’s essay‚ “Marita’s Bargain” address this subject. Both girls sacrifice much in order to succeed; they realize that an education will afford them opportunities they might not otherwise have. While both girls make personal sacrifices‚ it is clear that Marita sacrifices are greater. In the face of adversity‚ their self-discipline
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