fi Unit of Study Outline Unit code FINC 3019 Unit title Fixed Income Securities Semester 1‚ 2012 Pre-requisite units: (FINC2012 or FINC2002) or (FINC2013 or FINC2003) or (FINC2014 or FINC2004) Co-requisite units: N/A Assumed Knowledge and/or skills: The unit builds on the material on asset pricing‚ capital structure and financial valuation studied in the first year finance unit. Knowledge of derivatives is desirable but not essential. Unit coordinator: Dr Juan Yao Room: Merewether
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NATIONAL INCOME AND ECONOMIC WELFARE 8.1 INTRODUCTION National income is a measure of production activity. So‚ a higher national income overtime should mean more production and more availability of goods and services to the people. Should more goods mean that people are better off? Are they better of in physical terms‚ or in psychological terms or both? Are there things other than national income which also contribute to the feeling of better off among people ? Are their things counted in national
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Income And Wealth Distribution In Australia By Anthony Stokes‚ Senior Lecturer in Economics. Australian Catholic University‚ Strathfield While the overall standard of living in Australia is higher than many other countries in the world‚ not all Australians are benefiting. There are considerable differences in the levels of income and wealth between the richest people in Australia and the poorest. In addition‚ the gap‚ between those with the highest living standards and those with the lowest has
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INCOME TAXES AND DIVIDEND POLICY The income taxes of stockholders should affect the dividend policy of a firm. To help you understand these tax implications‚ we shall first examine the importance of tax deferral and then show the impact of having two different tax rates‚ one for ordinary income and one for capital gains. Rational stockholders should value a stock based on the after-tax returns they expect to receive from owning it. The tax status of the return depends on the form in which it is
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#Discuss the methods of measuring “National Income”. Ans: ‘National Income’ means the total value of goods and services produced annually in a country.There are three alternative methods of measuring national income.They are as follows: 1. Production Method 2. Income Method 3. Expenditure Method These methods are discussed billow: 1. Production Method: In production method national income is a total monetary value of all final goods and services during a
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What is income? Income is the amount that is received in a given period of time. It is a flow of funds. How is income distributed in Australia? According to the ABS - in 1999-2000‚ the richest 20% of income units received 48.5% per cent of total income. The poorest 20% of income units received less than 4% of total income. Note: Income units are made up of one person or a group of related persons within a household‚ whose incomes are assumed to be shared. What are the main sources
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CHAPTER I INCOME TAXES1 A. INDIVIDUAL INCOME TAX 1. Persons subject to the individual income tax For income tax purposes‚ individual taxpayers are classified into: a. Citizen (1) Resident citizen - is a citizen of the Philippines who has a permanent home or place of abode in the Philippines to which he/she intends to return whenever he/she is absent for business or pleasure. (2) Nonresident citizen - is a citizen of the Philippines who establishes the fact of his/her physical presence abroad with
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beginnings and their achievements to reach the top with hard work. The land of opportunity is now only giving opportunity to the wealthy. The increasing income disparity is causing an educational inequality in the future generations resulting in an ongoing cycle that increase the advantages of the wealthy.
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increased number of cases of female feticide. But that’s one face of this issue other being that if mother doesn’t want to give birth to child who is in her vomb should she be allowed to do that ? And so the does the basic issue‚ law should e pro choice or pro life. The condition in India on the legal ground is quite better than Ireland but it also has a lot of shortcomings. In India medical termination is legal but abortion is not. Medical termination means that the child can be aborted if there is
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would be not recording the $5.5 million of reciprocal advertising arrangement as revenue because according to the EITF 99-17 Par 2: “Revenues that include barter transactions which have no ultimate realization in cash and no overall effect on net income‚ the practice may lead to overstated
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