Briefly explain why many corporations prefer to issue callable long-term corporate bonds rather than non-callable long-term bonds. There are three main reasons why a corporation may be interested in calling a bond. * Interest rates have fallen‚ so they can refinance at a lower rate. * Credit quality has improved‚ so they can refinance at a lower rate. * Assets have been sold‚ so money is available to pay off debt. If a bond issuer pays investors the going rate of 7% annually in interest‚ and then the
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Why Customer Retention Is So Important Good customer retention is vital to any organization because a slight reduction (5%) in the customer defection rate has a disproportionately positive effect on profitability (depending on the cost of acquisition‚ ranging between 25 and 80 %!). Companies with high retention also grow faster. However‚ customers can only be retained if they are loyal and motivated to resist competition. When customers are merely satisfied with the service they receive they may
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Why did France industrialize so much later than many of its European neighbors‚ despite its abundant natural economic advantages? Introduction According to Kemp‚ (2014)‚ the industrialization process refers to the evolution of production mode and technologies. It led to a replacement of the traditional processes with new technologies such as steam engines‚ improved transportation‚ and textile processing that helped to increase efficiency. The industrial revolution happened between the year 1760 to
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it like the spokes on a wagon wheel. This site has been attributed to tons of ghost stories. This battle was very significant. If the confederate had won this battle the whole war would have changed. I am about to tell you is the story of why the battle was so significant. First‚ let’s take into account that the battle of Gettysburg started by accident. The roads were the thing that lead to the battle. As more soldiers walked the roads‚ it turned into the largest battle in the Western hemisphere
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English ships sailed The Chesapeake Bay‚ and later made their way to Jamestown in Virginia. Powhatan Indians. By summer of 1609‚ 524 colonists would have arrived in Jamestown. But by 1611‚ over three hundred would be dead! There are three main reasons why this horrible incident happened were; lack of water‚ lack good workers‚ and poor relations with the Powhatan Indians. The water became a major problem for the colonists because it was not fresh water; it was a harsh mixture of saltwater and
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Why is Eco fashion so popular? CONTENTS 1. Chapter 1: Introduction 2. Chapter 2: A short introduction to Eco fashion 3. Chapter 3: Stella McCartney: its history and effects 4. Chapter 4: Eco fashion designers 5. Chapter 5: If people spend higher price to buy eco-clothing‚ why and how 6. Chapter 6: Conclusion 7. Glossary 8. Indicative Bibliography 1. Introduction The purpose of this essay is to the knowledge
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Why is the Rate of Teenage Depression So High? Depression has become an over whelming issue for teenagers in the past few years. In the 70 ’s‚ 80 ’s and 90 ’s teenage depression was not often heard of and wasn ’t really ever talked about. In 2013 20% of teenagers will experience teenage depression. (Teen depression statistics‚ 2013) If one person in the family has a problem with depression‚ this could effect back onto the whole family. Researches have found that not only teenage depression has
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------------------------------------------------- Why “JD” is so successful in its marketing? If we focus on the needs of consumers‚ an organization creates a business that can outclass its competitors. The goal is also being closer to consumers and providing exactly what they want‚ for at last‚ trigger their purchase. This kind of business carries out research to find the needs and wants of consumers. It then uses the findings to design products and marketing strategies to satisfy these needs
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When a group makes unreliable decisions that were lead by group pressures and leads to a worsening of mental performance‚ reality testing‚ and moral judgement‚ it is known as groupthink. When members from a group are similar in background‚ or when they are insulted from outside opinions‚ and when there are no clear rules for decision making is when the group is especially vulnerable to groupthink. As for individual humans‚ they are as well easily susceptible to groupthink because they’re afraid
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ESL0420Advanced Writing Analysis Paper Le Han leh@mtu.edu Mar 5th‚ 2013 Why are Apple Products so Popular? In today ’s world‚ Apple ’s products are highly sought after because they are very popular for everyone. According to Yarow，editor of The Business Insider，said that the newest iPhone sold 5 million over the opening weekend (Yarow‚ 2012). However‚ it is difficult to find the reason why Apple’s products are so superior compared with other electronic products in the market. Since Apple’s
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