The book 20‚000 Leagues under the Sea written by Jules Verne was a science fiction novel of its time‚ originally published in 1870 in French‚ and later translated many different times. The copy of this book that I read was 418 pages long‚ published by The Floating Press and copyrighted by the same company in 2009. This book began with rumors of a large oceanic ‘beast’‚ hypothesised to be a ‘narwhal’ being seen by many different boats. Professor Pierre Aronnax‚ a French marine biologist‚ was given
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Problem 1. Villarente Company issued 5-year $200‚000 face value bonds at 95 on January 1‚ 2012. The stated interest rate on these bonds is 9%‚ and the effective interest rate is 10.33%. Use the effective interest rate method to complete the amortization schedule below. Cash Payment Interest Expense Discount Amortization Carrying Value January 1‚ 2012 December 31‚ 2012 18‚000 19‚627 1627 191‚627 December 31‚ 2013 18‚000 19‚795.07 1796.07 193‚422.07 December 31‚ 2014 18‚000 19
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Instrumental and End Values Assignment 2 Values are one’s judgment of what is important in life. One way of considering values is in terms of instrumental and end values. Instrumental values are beliefs about the type of behavior appropriate for reaching certain goals. End values or sometimes called terminal values‚ are beliefs about the kind of goals or outcomes that are worth trying to pursue. This paper will evidently describe the primary concepts of each value while examining my personal
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In the article “In 2‚000 Years‚ Will the World Remember Disney or Plato?” written by Mark Rice-Oxley‚ he analyzes the impacts of American culture around the world. From music to media‚ film to fast food‚ language to literature and sport‚ the American idea is spreading inexorably (Rice-Oxley 163). Rice-Oxley questions what does American culture in fact bring to the world and how long it will last. Not everyone thinks American culture will stand the test of time (Rice-Oxley 167). Rice-Oxley points
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Finance Interface B.B.A‚ 3rd Batch (2nd Year‚ 1st Semester) Session: 2008-2009 Department of Finance Jagannath University‚ Dhaka. Date of Submission: 25-10-2010 Department of Finance Jagannath University 1|Page 1 Sl. No. Name 01. Md. Mazharul Islam. (Group Representative) 02. Khadizatuz Zohara. Roll No. 091541 091526 Department of Finance Jagannath University 2|Page Table of Contents Sl. No. 2-1 2-2 2-3 2-4 2-5 2-6 2-7 2-8 2-9 2-10 2-11 Contents Problems Yield Curves Yield
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Question 1 ( 5 points) In a world with no frictions (taxes‚ etc.)‚ value is created by how you finance a project. True. False. Question 2 (5) The return of equity is equal to the return on debt of a project/firm Always true. Never true. Sometimes true. Question 3 (10 points) Moogle‚ Inc. is in the same business as Google‚ Inc.‚ but has recently retired all its debt to become an all-equity firm. Its return on equity has dropped from 12.25% to 10.60% as a result of this. Google‚ Inc. continues
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found that 10‚000 hours is not the end all be all for mastery. In fact‚ Gladwell was wrong because he oversimplified what is necessary for mastery and the amount of work people need to put in by a long shot. In chapter two of Malcolm Gladwell’s book Outliers the 10‚000-Hour Rule was introduced. It was found by “psychologist K. Anders Ericsson‚ stating that … in order to become an expert or professional at just about anything it takes roughly 10‚000 hours‚ or 10 years
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world is an opposite and this can be seen in people as well. In the novel 20‚000 leagues under the sea‚ by Julius Verne‚ Pierre Aronnax is a scientist and studies organisms. Then the news starts reporting about a monster and Arronnax wants to find out what it is. So‚ he boards a government ship called the Abraham Lincoln with Conciel‚ his assistant. While on the Abraham Lincoln‚ professional harpooner‚ Ned Land is also on the ship. The monster shows up and attacks the ship. When the monster rams into
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period of 6 months. Zero-coupon bond of similar quality is currently yielding 4%‚ a cost‚ which the treasurer finds acceptabl(e) The treasurer is of the view that interest rate will rise before the company will issue the debt‚ hence will increase the cost of debt. So to hedge the interest rate risk the treasurer decided to hedge the risk using September Eurodollar futures contract. September 90-day Eurodollar futures contracts are currently trading at 96.25. You are required to a. Explain how treasurer
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1 One-factor Interest Rate Modeling 1 In this lecture... q stochastic models for interest rates q how to derive the bond pricing equation for many fixed-income products q the structure of many popular interest rate models 2 2 Introduction In this lecture we see the ideas behind modeling interest rates us-ing a single source of randomness. This isone-factor interest rate modeling. q The model will allow the short-term interest rate‚ the spot rate‚ to follow a random walk. This model leads
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