...advantage of issuing a bond relative to stock is that the bond interest payments are tax deductible. True False 2. Issuing bonds dilutes the voting power of the common shareholders because bonds have preferential voting rights. True False 3. The major disadvantages of issuing a bond are the risk of bankruptcy and the negative impact on cash flow because debt must be repaid at a specified date in the future. True False 4. A bond's interest payments are determined by multiplying the bond's principal amount by the stated interest rate. True False 5. A convertible bond can be called for early retirement at the option of the issuing company. True False 6. The issuing company and the bond underwriter determine the selling price of a bond. True False 7. The issuance price of a bond is the present value of both the principal plus the cash interest to be received over the life of the bond discounted by the stated (coupon) rate. True False 8. When the market rate of interest is greater than the stated interest rate, the bond will sell at a discount. True False 9. A bond will sell for a premium when the market rate of interest is greater than the stated rate of interest. True False 10. The proceeds received from a bond issue will be greater than the bond maturity value when the stated interest rate exceeds the market rate of interest. True False 11. Increases in the market rate of interest subsequent to a bond issue increase the discount on the...
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...The Research Proposal For The Relationship among Shanghai Commercial Housing Price and Four Variables, Disposable Income, Completed Housing Area, Interest Rate, and Inflation Rate (2007-2010) BY FIN (2) Yang Bohan 0730200084 Tel: 13750016724 Guo Bingyu Liu Yuanjia Xia Jinjing Teng Linyan Li Hui 0730100034 0730100086 0730200079 0730200063 0730200148 Beijing Normal University – Hong Kong Baptist University United International College May 14, 2010 0 Table of Content 1. 2. 3. 4. 6. 7. 8. Title ........................................................................................................................................... 4 Introduction ..............................................................................
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...choosing an appropriate topic seem like a herculean task as a lot of problem areas may come to mind at the time of choosing the topic. What is more frustrating is being able to settle on a brilliant topic. Choosing the research topic is one of the most critical steps in conducting a successful by all standards. The truth is, the search for a good research topic is a daunting task, especially when researchers are often expected to know how to identify or figure out a good research question by themselves. It also is important for us to keep in mind that an initial topic that we come up with may not be the exact topic which we end up writing about. Research topics are often fluid and dictated more by the student's ongoing research rather than by the original chosen topic. Such fluidity is common in research, and should be embraced as one of its many characteristics. The ability to identify and develop a good research topic depends on a number of factors. Fortunately, with every problem, there is always a place at which we can use as a starting point that will hopefully lead us to a desirable solution. The first important factor to consider when selecting or choosing a good research topic is to choose a topic that is of interest to them. The researcher should be able to ask themselves and identify where their interest lies, after all every individual will have at least an interest in one area or another. The fact that students approach their supervisors/ advisors with...
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...the Dallas area and in all of Texas. In 1977 the current marketing director for RNBD was asked to assess the effect of offering a new type of account, an interesting paying account that allows for negotiable orders of withdrawal called a NOW account. The NOW account originated in the New England states in 1972 and have grown to be a sizable amount of all accounts held in the that area. With 50 months of data available to see how the NOW accounts have influence banking and the traditional checking accounts in the area, it was time for RNDB, a leader and innovator in retail bank accounts in the Dallas area, to consider the potential of offering and what effect it would have on the business. Analysis shows that a 100% cannibalization of RNBD’s current retail checking accounts would cause a loss of close to $6 million dollars annually. At a 44% cannibalization, which was seen in Massachusetts, a market most similar to the Dallas area, would result in a loss of $2.6 million. The recommendation for RNBD includes determining a breakeven point for an account balance at approximately $1,800 and focus on conversion of current customers at that level or above to avoid losing any of their current customer base. Situation Analysis & Decision Problem The situation at hand is whether Republic National Bank of Dallas should jump into the NOW account fray and offer NOW accounts along with their other products. NOW accounts are savings account, which are interest-bearing, that...
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...Printing Engineering Jadavpur University, West Bengal Area of Expertise : Press Operations, Operation Management, Resource Allocation, Production Planning, SAP PP module, Quality Analysis Area of Interest : Operation Management, Supply Chain Management, Business Strategy Planning Industrial Experience : 12 Years 9 Months+ Senior Manager (Operations and Quality) in ABP Pvt. Ltd. BAMACHARAN KOLE Master of Science in Software System from BITS Pilani, Rajasthan Industrial Experience : 9 Years 6 Months+ IT Services in Tata Consultancy Services Previously worked in Infosys Ltd. Main area of experience as Techno functional analyst in banking vertical mainly in Credit Risk. Extensively worked on Microsoft technologies and Oracle more than 9 years. Experience in development of new templates across multiple client segments (corporate, commercial, private banking & financial institutions), industry verticals (energy, financial services, industrials, agriculture etc), geographies (Asia Pacific, Europe, Latin America). Area of Expertise : Financial spreading of any company & saving a snapshot during loan approval process, Internal Credit Risk rating generation based on historical & estimated financial data also scoring a company based on qualitative data, Peer comparison & industry trend analysis, Projection & forecasting, Adhoc and on the fly report and Early warning Area of Interest : IT enabled Banking / Financial services Area of Expertise : Product Marketing, Business Development...
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...European Central Bank (ECB) * Body * Summary of the Article * Analysis * Monetary Policy of the ECB * Interest Rate * The Impact of Interest Rate on: * Inflation * Liquidity * Gross Domestic Product (GDP) * Unemployment * How to Ease the Liquidity * Print more Euros (€) * ECB Buying of Government Bonds * New Governmental Institutions * Decrease of Reserve Requirements * ECB Buying Corporate Bonds * Recommendations * Bibliography Introduction: The European Central Bank (ECB): The European central bank was formed in Frankfurt, Germany in 1988. The ECB is responsible for the monetary system of the euro currency and it consists of 17 European countries. The European central bank works with the other national banks of each of the European Union members to formulate monetary policy that helps maintain the euro’s purchasing power. The responsibilities of the ECB are to formulate monetary policy, conduct foreign exchange, hold currency reserves and authorize the issuance of bank notes, among many other things. The European central bank and the national central banks constitute the Euro system, the central banking system and the monetary authority of the euro area. The main objective of the Euro system is to maintain price stability: safeguarding the value of the euro. In pursue to their...
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...wrong later on during their career. As most college aged students I immediately thought of a job title that I knew would make money and is seen as successful in society. During the course of this class I was forced to analyze my interest, skills, and personality in order to pin point what it was that I wanted to do with my one and precious life. Based on my research I have come to the conclusion that I am meant to lead people within the hospitality industry by working...
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...My career of interest as of right now is to become a physician. I am currently majoring in biology with a minor in psychology. A physician is a medicine practitioner that based on the patient’s medical history, inform the patient on accurate and meticulous treatments. A physician work closely with nurses and other caretakers to provide care for their patients. Moreover, physician review test result to identify abnormalities, create a plan of treatment for the patient and well informs the patient about the test result and answer questions he/she have about he/she health. Furthermore, physician counsel patients on diet, hygiene and preventive healthcare. My interest in medicine is a psychiatrist. A psychiatrist specializes in the diagnosis and...
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...USB RATIOS 2013 2012 2011 Return on Equity =5,732/41,113=13.9% =5,490/38,998=14.1% Return on Assets =5,732/364,021=1.57% =5,490/353,855=1.55% Net Interest Margin 1681/12285=13.7% 2138/12883=17% 2516/12639=20% Net non-interest margin =5,732/9,104=63% =5,490/9,608=57% Net profit margin 5732/364,021=1.57% 5490/353855=1.55% Net operating margin .0157/364,021=0% .0155/353855=0% Tax Mgmt. efficiency ratio 5,732/9,104=63% =5,490/9608=57% Expense Control Efficiency ratio 10,274/9,104=1.13 10456/9608=1.09 Asset utilization ratio =9104/364,021=2.5% =9608/353,855=2.7% Equity Multiplier =364,021/41,113=8.85 =353,855/38,998=9.07 Earnings spread 12285-1681/364,021-156,165=5.1% 12883-2138/353,855-145,972=5.2% The following paper will discuss the strengths and weaknesses of the ratios of U.S. Bancorp. And will compare it to a competitor, Wells Fargo in certain areas. It is important to understand the different ratios to have a complete overview of the bank’s performance. Bank’s not only need to stay profitable, but remain competitive in the market (Schaeck & Cihak, 2012). The first ratio is the return on equity. The return on equity ratio is classified as a profitability ratio and shows the amount of return that goes to the shareholders (Rose & Hudgins, 2013, p. 172). USB went from 14.1% in 2012 to 13.9% in 2013 on their return on equity. Due to the small change in one year is not indicating any increase or decrease in amount of return to the stakeholders...
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...Areas of interest in Jamaica After spending lots of time appreciating the culture of the Jamaicans, its now time we looked at what makes Jamaica…Jamaica! True, there are several things such as the beaches, the weather and all the things that revolve around the environment but the downside of that is that you can easily tell all this once you’re out of the plane. We are thus going to look a little bit into the areas of interest that many tourists have spent most or all of their time in. We shall start by taking a look at the Dunn’s river falls which are among one of the best features in Jamaica and in almost every online site that you will visit. It was there from long ago but by then not so many appreciated the beauty of the falls until the “invalids” started showing up and appreciating their environment. The Dunn’s river falls is thus one of the many interesting places that you should head out and at least take a peek before you get too excited about the next areas of interest that we are going to look at. The Doctor’s cave beach is the second area of interest on our list and the interesting fact about this beach is that unlike the Dunn’s river falls which gained fame soon after the tourists began showing up in Jamaica, the Doctor’s cave beach has been an area of interest for well over a century! The crystal clear turquoise water plus the sand beach is all that you would need to make sure that your vacation in Jamaica is both relaxing and totally worth it. The cool waters at...
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...Cement Sheets A Marketing Perspective 1. Introduction Fibre Cement Sheets (FCS) account for around 11% of the roofing market in India. Valued at around INR 39 Billion, this industry segment is expected to clock growth rates of about 8 to 10 % [1]. The industry follows an oligopoly market structure and hence the players have similar pricing and limited brand premium. The big 4 in this industry, (viz Everest Industries Limited, Hyderabad Industries Limited, Ramco Industries Limited and Visaka Industries Ltd.,) cover about 70% of the market capacity. a. Growth Drivers Along with the growth in the overall roofing market, the Fibre Cement Sheet market is growing on count of the following factors: a) Increased Income in rural areas: gradual shift from thatched roof. b) Growing government impetus for affordable rural housing c) Advancements in technology, making it a viable alternative to traditional housing material like clay tiles. d) Increasing warehousing requirements in urban, semi-urban centers. e) Increasing urbanization of India, as shown by the rapid increase in the number of towns. (Census towns in India grew from 1362 in 2001 to 3894 in 2011.) 2. Segmentation Though FCS was primarily used for industrial purposes, increase in the production volume, along with ease of access has transformed this into a retail product. The users for FCS can be grouped as per their common needs, as outlined below: Figure 1: FCS Roofing...
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...species that has successfully adapted to life with humans is the gray squirrel. My study tried to prove that squirrels learn to live with humans and become comfortable functioning in their presence. It attempted to show that squirrels living in areas of high human traffic are braver in approaching humans than those that live in areas of low human traffic. My hypothesis was that the gray squirrels that come in contact with humans more frequently have adapted to life with people and would more readily approach me than those that have not become accustomed to human interaction. To test this hypothesis, I tested a squirrel s willingness to approach me at a location of high, medium, and low human traffic. I measured their approach in three levels: ten feet or less, thirty feet or less, and no interest. I then performed a Chi squared test to see if the locations were different from the expected results. The high traffic area and the low traffic area were significantly different. Squirrels in the high traffic area were far more willing to approach a human than those in areas of low traffic. This data supported my hypothesis that the squirrels living in areas of high human traffic would be more willing to approach me than squirrels living in areas of low human traffic. More importantly this study also shows the squirrels ability to become accustomed to interaction with humans and adapt to that environment. Introduction As our population expands and cities grow and spread out into the...
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...$42.7 million during the Year 12 fiscal year to $792.9 million during the Year 15 fiscal year. Franchisees owned and operated all but three of the Boston Market stores open at the end of Year 15. The company retains ownership of three stores to test market new entrees, assess new operating procedures, and train employees. Area Developers The company relies on area developers to achieve rapid penetration of targeted markets. Area developers are independently owned companies to which Boston Market grants an exclusive franchise in a particular geographical area to develop and operate Boston Market stores. An experienced retail food-service veteran with substantial invested equity capital heads each firm that is an area developer. The company currently has 22 area developers. There are 829 stores open at the end of Year 15. The area developers have committed to opening an additional 934 stores within the next several years. These area developers have incurred substantial net losses during the recent rapid expansion of stores ($51.3 million in Year 14 and $148.3 million in Year 15), and most have negative net worth. The company believes that the area developers will...
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...Investigation of Web Users’ Interests Influence on Perceived Download Times for Websites Honours Project Interim Report Mateusz Magiera BSc (Hons) Internet Software Development Submitted for the Degree of BSc in Internet Software Development 2008 - 2009 Matric No: 200702631 Project Supervisor: Prof. Katrin Hartmann Second Marker: Quentin Mair “Except where explicitly stated all work in this document is my own” Signed: Date: Abstract Long loading times of the web pages increase users’ frustration. Continually this appears to be one of the main problems of World Wide Web which users need to face every day. Delays in loading a web page cause dissatisfaction and often loss of visits and in case of e-commerce websites it means also loss of income. Although many techniques have been applied to resolve this problem it is still coming back due to a high number of Internet users. Still, the problem is a also matter to human perception and how people classify slow or fast download times. Many theories and rules have been applied trying to measure a maximum time of a website response that users can tolerate. However there are some problems associated with evaluating the effects of download delays on a website in an experimental setting like not taking into consideration what personal interests are, usefulness of the websites, etc. The paper will investigate the significant impact of perception on loading times taking also into consideration...
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...financial position to make such a significantly large purchase. There are so many factors to consider than just personal obligations or wants, but is it economically sound in today’s market as well. In this paper, I will talk about and try to explain some of the economic indicators such as interest rates and inflation rate as well as job market for the area. While considering if any of these indicators impact the supply for what I will demand over a two year period. Also in this paper, I have to answer how I might apply my understanding product, and how I am considering purchasing versus the supply and demand. Also I need to describe the impact on the price of the home and whether making the purchase should or should not occur or possibly be beneficial to me. Lastly, I will see if there are any macroeconomic shifts in supply or demand affecting the price of the Home. Thus, leading to the final decision of whether to purchase a new house or not. Economic Indicators With every large purchase, there is cost associated, especially with the purchase of a house. Two economic indicators, which play a major role in the final decision to purchase or not to purchase a home, are inflation and interest rate. Inflation is regularly characterized as a constant increase in prices of goods and...
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