...Quiz2 Question 1 1 out of 1 points | | | Other things equal, an increase in the government budget deficit @An increase in the government budget deficit, other things equal, causes the government to increase its borrowing, which increases the demand for funds and drives interest rates upAnswer | | | | | Selected Answer: | drives the interest rate up. | Correct Answer: | drives the interest rate up. | | | | | * Question 2 1 out of 1 points | | | If a portfolio had a return of 10%, the risk free asset return was 4%, and the standard deviation of the portfolio's excess returns was 25%, the risk premium would be _____.Answer | | | | | Selected Answer: | 6% | Correct Answer: | 6% | | | | | * Question 3 1 out of 1 points | | | Over the past year you earned a nominal rate of interest of 14 percent on your money. The inflation rate was 2 percent over the same period. The exact actual growth rate of your purchasing power wasAnswer | | | | | Selected Answer: | 11.76%. | Correct Answer: | 11.76%. | | | | | * Question 4 1 out of 1 points | | | The holding-period return (HPR) on a share of stock is equal toAnswer | | | | | Selected Answer: | the capital gain yield during the period, plus the dividend yield. | Correct Answer: | the capital gain yield during the period, plus the dividend yield. | | | | | * Question 5 1 out of 1 points | | | An investment...
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...HBR-What Leaders Really Do Leadership and management are two distinctive and complementary systems of action. Each has its own function and characteristic activities. Both are necessary for success in an increasingly complex and volatile business environment. But not everyone can be good at both leading and managing. For this reason, some companies value both kinds of people and work hard to make them a part of team. Well-led business tend to recognize and reward people who successfully develop leaders. This is rarely done as part of a formal compensation or bonus, simply because it is so difficult to measure such achievements with precision. Such strategies help create a corporate culture when people value strong leadership and strive to create it. We need more people to provide leadership in the complex organizations that dominate our world, and develop the cultures that will create leadership. Strategic leadership is different managerial. Managerial leaders are primarily immersed in the day-to-day activities of the organization and lack an appropriate long-term vision for growth and change. This is the most common form of leadership, especially in large, diversified organizations. Management are includes planning, budgeting, organizing, staffing, controlling and problem solving. Since the function of leadership is produce change, setting the direction of the change is fundamental to leadership. By planning, leaders can gather a range of data and look for patterns, relationships...
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...University of Phoenix Material Credit Protection and Identity Theft Directions Refer to: Building a Better Credit Report on the Federal Trade Commission’s site: www.ftc.gov/bcp/edu/pubs/consumer/credit/cre03.shtm Identity Theft resource center on the Federal Trade Commission’s site: www.ftc.gov/bcp/edu/microsites/idtheft/consumers/deter.html. Provide answers to three of the following questions based on your readings and your personal experiences. Answers should be 100-to 150-words each. 1. If you find errors on your credit report, what steps would you take to correct them? Take time to collect all the information you'll need to prove your case, such as copies of canceled checks and creditor statements, and much more. The more the better. All paper work you can come up with is needed. Put everything in writing. I need to have proper document for everything. Contact the bureau whose report you believe is not accurate, give them all your info so that they can verify your information, if you’ve moved, give them your previous address if necessary. Write them as if you were writing a potential employer. Make sure to include what you are disuting, and write it out as clear as possible. Attach any documents, and have all transaction numbers and account numbers. Last but not least, don’t forget to sign the letter. 2. There are many organizations that claim they will repair your credit for a fee. From your readings, should someone use a credit...
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...Academic Calendar 2014 Semester 1 17 February–30 May Orientation: 17–21 February Some orientation activities commence prior to O-week Classes commence in Week 1, 24 Feb Vacation: 19–27 April Classes in lieu of 18 April: 2 June Exam preparation: 2–6 June Exams: 7–24 June Vacation: 25 June–13 July* Supplementary/Deferred exams: 26 July–9 Aug Semester 1 F E B RUA RY Semester 2 J U LY Summer Program N OV E M B E R MON TUE WED THU FRI SAT SUN MON TUE WED THU FRI SAT SUN MON TUE WED THU FRI SAT SUN semester week semester week semester week 3 10 17 24 4 11 18 25 5 12 19 26 6 13 20 27 MARCH 7 14 21 28 FRI 1 8 15 22 2 9 16 23 0 1 7 14 21 28 1 8 15 22 29 2 9 16 23 30 3 10 17 24 31 4 11 18 25 5 12 19 26 6 13 20 27 0 1 2 3 10 17 24 4 11 18 25 5 12 19 26 6 13 20 27 7 14 21 28 FRI 1 8 15 22 29 2 9 16 23 30 1 2 AU G U S T DECEMBER MON TUE WED THU SAT SUN MON TUE WED THU FRI SAT SUN MON TUE WED THU SAT SUN semester week semester week semester week Semester 2 14 July– 24 October Orientation: 14–18 July Some orientation activities commence prior to O-week Vacation: 29 September–3 October Classes in lieu of 13 Aug: 27 October Classes in lieu of 6 Oct: 28 October Exam preparation: 27 October– 29 October Exams: 30 October–13 November Supplementary/Deferred exams: 5–16 January 2015 31 3 10 17 24 4 11 18 25 5 12 19 26 6 13 20...
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...Thus , we can have 3 major groups: Service Industries, R&D Investments, and Consumer or Retail Based. Service Industries * Temporary staffing agency * hotel and * airline The balance sheets of C, D, I & J follow similar trends. Eliminate J since it has a high R&D component which is unlike any of the indicated service industries. =>Service industry: C, D, I R&D Based Firms Software, On-Line Retailing, Pharmaceutical and Communication Equipment. Financial statement of A, F, G & J shows similar trends. Rest all fall in the category of Consumer or Retail Based. Analysis 1.Innovation is extremely important in the software industry and it requires investments. J is the software firm. The gross margin is very high: “90.7%””. Office buildings and computers are the services needed. High R&D/Sales: “19.8%””. The Net Plant & Equipment is low: “8.6%”” 2.Receivables are unimportant for an online retailer Thus, A is the On-line retailer as it doesn’t need as much Net income by sales (- 43.9%”) as others and it does not accept receivables while costumers are paying as they buy on line (individuals pay cash or credit card). It also has a high goodwill and intangibles due to lack of physical stores. It also has Low inventory and manages its inventory very aggressively. 3.”Warehouse Club for food and general merchandise has high Net Plant & Equipment”. H has “44.8%” and zero Unearned Revenue, thus making it a service sector. Also, high Inventory...
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...Is Islamic Finance A Solution to the Financial Crisis? | Is Islamic Finance A Solution to the Financial Crisis? Lecturer Ms Tahira Jaffery Prepared by Mohammed Haider Hassan Mohammad Javed Najwat Rehman Mehdi Maloof December 30, 2009 Contents THE GLOBAL FINANCIAL MELTDOWN AND ITS IMPACT ON PAKISTANS ISLAMIC BANKING SECTOR 4 The Root of All Cause: What Caused the Financial Crisis? 4 THE ISLAMIC BANKING MECHANISM 7 Roles of Different Players 7 Modes of finance 9 CONVENTIONAL AND ISLAMIC BANKS AMID THE CRISIS IN PAKISTAN 14 Differences Between Islamic and Conventional Banks 14 GROWTH OF ISLAMIC BANKING INSTITUTIONS 18 Prevailing Trends in the Past Year 19 ISLAMIC BANKINGS CAPACITY TO WITHSTAND RECESSIONARY PRESSURES 21 CHALLENGES AND OPPORTUNITIES 24 Problems With Islamic Finance 24 Opportunities 28 Bibliography 30 THE GLOBAL FINANCIAL MELTDOWN AND ITS IMPACT ON PAKISTANS ISLAMIC BANKING SECTOR The Global Financial Crisis took the world by storm in late 2007 and has since then has created all sorts of nuisances around the world. Economists consider it to be the worst financial crisis ever since the Great Depression of the 1930s. The crisis caused losses worth trillions of U.S dollars throughout the world resulting in the failure of businesses, decline in consumer wealth, government deficits, and an overall decline in economic activity. The Root of All...
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...Assignment 1 Assignment 1 is due after you complete Lessons 1 to 4. It is worth 20% of your final grade. Prepare your responses to these assignment problems in a word processing file; put financial data in a spreadsheet file. As you complete the assignment problems for each lesson, add your responses to these files. Note: In assignments, show all calculations to 4 decimal places. Lesson 1: Assignment Problems 1.1 | Households make four kinds of economic decisions (textbook, pp. 4–5). Suppose you have two households with the same income. Household A has one income earner and Household B has two income earners. How would the four types of economic decisions differ between these two otherwise identical households?(8 marks)Because the households can differ, household A could potentially be a single person, while household B could be a large family. Because of this the households could have different views on asset allocation, and liabilities could be much greater in household B because there is a higher likelihood that there is more people included in this household. Consumption and savings could differ in the sense that household A may want to spend or save to the extreme, and seeing as there is only one income there is no one else to answer to, whereas in household B there is at least two income earners, so therefore they must communicate and may have different views on their savings and consumption so they will probably be more of a saving household than household...
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...The financial structures of health care entities non-profit, for-profit and government are different with funding, ownership, and type of services rendered. Financial managers, financial markets, and investors are the essential components that make up the financial world within a healthcare organization. Financial managers basically rely on investors to supply money through the financial markets when determining whether to use debt or use equity financing. To understand the full benefit of the financial resources, it is important to understand the overall financial structure. In other words how it is set up. In this paper, I will try to compare the financial environment of for-profit Pruitt Health Clinic, not-for-profit Phoebe Memorial Hospital, and VA Clinics. (to the best of my ability) In the health care sector entities regardless of their status (for-profit, not-for-profit, or government owned) should have the same common goal of providing quality healthcare to the residents of its community. Health care organizations are very different compared to other business when it comes to finances. The financial structure is described as the way funds are financed and the balance sheet shows what the organization looks like at a particular point in time. For example Phoebe Putney Memorial Hospital will compare fiscal year to another fiscal year to decide what needs to stay, go or be “tweaked”. Some organizations have a method to reading the spread sheet as well. PPMH for...
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...Corporate Finance ADM 3350 M & P (Winter 2015) Assignment 1 Due Date: February 23, 2015 Question 1 (5 Marks) Varta Inc. has just issued a dividend of $1.50 per share on its common stock. The company paid dividends of $1.10, $1.15, $1.25, and $1.37 per share in the last four years. The stock currently sells for $48. a. What is your best estimate of the company's cost of equity capital using the arithmetic average growth rate in dividends? b. What if you use the geometric average growth rate? Solution: (3 + 2 = 5 Marks) Part a. Period 1 2 3 4 5 dividend 1.1 1.15 1.25 1.37 1.5 Average growth (Arithmetic) growth 0.045 0.087 0.096 0.095 Growth = (P2 - P1)/P1 0.081 RE = D1/P0 + g = (D0 (1 + g))/P0 + g RE = 11.46% Part b. We can get the geometric growth using the following formula: FV = PV*(1 + g)^n FV = PV = n= g = (FV/PV)^(1/n) - 1 g= 8.06% 1.5 1.1 4 RE = D1/P0 + g = (D0 (1 + g))/P0 + g RE = 11.44% Question 2 (10 Marks) MyGuelph Inc. has the following balance sheet figures: Book Value $1.0 million $1.0 million $1.5 million $0.5 million Debt (D): 8% coupon rate, annual coupons 10 years to maturity Preferred shares (P): 10% dividend rate Common shares (C/S): 100,000 shares (originally issued at $15/share) Retained earnings (RE) Assume the marginal tax rate is 40 percent. Par value of the bond is $1,000. The present market conditions are following: Debt: The present market rate on similar risk 10-year bonds is 6 percent. (Hint: cost of bond is 6 percent) Preferred Shares: Similar...
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...his mother 1. Felt really sad when his teacher, Miss Purdy, told him and his mother that his boyfriend already proposed to her and is engaged to marriage. 2. Looked to the couple with angry eyes maybe because he found the fiancé of his teacher as a jerk as his fiancé refused to celebrate their engagement for him to watch football game at home. D. Fourth Scene: Back to the boy’s house 1. Crumpled the paper where he wrote ‘marry miss purdy’. 2. Sneaked at his parents’ room to know where his father hid his gun. E. Fifth Scene: Back to the classroom 1. Ignored his teacher. 2. Expressed his disappointment on the engagement of his teacher. F. Sixth Scene: Confrontation of boy to teacher’s fiancé 1. Threatened the fiancé not to marry his teacher. 2. Challenged the fiancé to a duel to death. G. Seventh Scene: The Duel Day 1. Met with the fiancé in the school yard and pointed a gun to him, making him admit that he does not really love the teacher....
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...Introduction In any workplace, there are many codes of conduct involved. Employees are bound to these rules and regulations in order for any organizations to work smoothly (Schermerhorn, 2010). However, there are times where the lines are blurred due to various reasons. Sometimes, relationships, beliefs and principles come into play when the time comes for one to make certain decisions. This scenario is called an ethical dilemma whereby individuals are forced to weigh the right and wrong of their actions (Westerholm, Nilstun, & Øvretveit, 2004). Therefore, this paper is going to examine the ethical dilemma that can happen in a workplace and try to find the appropriate resolution to this conflict based on ethical theories. To answer this question, this essay will, firstly, describe a work situation at my previous employment that has posed an ethical dilemma for me. Later, this essay will look at the resolution, if any, that has taken place to solve the dilemma. Finally, by using the Utilitarianism theory, this paper is going to analyze and assess whether the resolution is ethical. Description of a work situation with an ethical dilemma At my previous employment, I have worked as a technical communicator for a major health organization. My task is to develop a new software system acting as a database that will gather all the necessary records from hospitals, clinics, health maintenance organizations, laboratories and physicians around my area. These records that contained...
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...Application for migration to Australia by a partner Form 47SP The Department of Immigration and Border Protection (the department) acknowledges that Aboriginal and Torres Strait Islander peoples are the traditional custodians of the Australian land. About this application form Complete this form if you wish to apply for a: • Partner visa in Australia (subclass 820/801) • Partner visa outside Australia (subclass 309/100) • Prospective Marriage visa outside Australia (subclass 300). For the purpose of this application: • Partner means your spouse or de facto partner (including same-sex partners) • Fiancé(e) refers to the person you intend to marry. This is usually your sponsor, or sponsoring partner. If you are applying outside Australia, you will be applying to migrate. If you are applying in Australia, you will be applying for permanent residence. In this form, the term ‘migrate’ covers both. Before completing this form, you should read the detailed requirements in booklet 1, Partner Migration, which is available from the department’s website www.immi.gov.au/allforms/ Further information on partner category migration is also available from www.immi.gov.au/migrants/ or you can contact the department’s enquiry line (see information box on page 5). Life in Australia – Australian values The Australian Government encourages people to gain an understanding of Australia, its people and their way of life, before applying for a visa to live in Australia. This includes...
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...Burgess page 1 Christina Burgess English 5/10/2014 My Supportive fiancé Having a supportive fiancé, is one of gods greatest gifts to a women. People say that men aren’t supportive; however, I believe they can be supportive. It’s the matter of finding the right man for you. Everyone should have that kind of man in their life. Support can help you overcome just about anything that everyday life throws at you. My fiancé, has been my biggest cheerleader through my triumphs and setbacks. The support that I have received from Christopher has helped me overcome many challenging obstacles in my life. Three months after Chris and I started dating we had a miscarriage. It was one of the hardest times in my life, but with his support I was able to overcome the pain. It’s not just the big things that he supports. It’s also, the little things that happen in life that he supports. One day, I told Christopher I wanted to get a dog; in fact, I told him I wanted to get one that same day. He supported me and really didn’t say much. No matter what, I always receive his support. He has supported me financially by pitching in for my school tuition and personal needs. I never thought I would go to college; however, Christopher always believed in me. At first, I wasn’t sure how I was going to work and find time to do my homework, but from the beginning Christopher has supported me working fewer hours. He encourages me to be the best person I can be all the time. I wouldn’t be where I...
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...story and also help to identify the timeframe within the story. Faulkner also uses symbolism to provide clues to hidden meanings within the story. The description of the house, the use of the arsenic on her fiancé and the silver hair on the pillow are all examples of the symbolism in the story. The house is an example of the old fading ways of the south, much like Emily herself. The house can be viewed as an extension of Emily and the way the world perceives her. The house is described as old and decaying but also as isolated from the rest of the town. Emily is older and has isolated herself from everyone in the town much like the house. The house and Emily were a mystery to the townspeople. Both Emily and the house appear trapped in the ways of the past while the world around them progresses....
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...Later on Patrick and his fiancé (Reese Witherspoon) are in a taxi all his fiancé can talk about is getting married to Patrick. Patrick isn’t the least bit interested and tells her he can’t get married because he’s too busy working. Patrick and his fiancé Evelyn make it to their destination a restaurant where they are joined by Evelyn’s cousin and her boyfriend, and Timothy Bryce (Justin Theroux) a colleague of Patrick’s. Patrick sees Timothy Bryce kiss his fiancé on her cheeks and then on her neck. As everyone is beginning to eat sushi Patrick replies I’m fairly certain my fiancé and Timothy Bryce are having an affair. However, Patrick also admits to having an affair of his own with his fiancé’s best friend Courtney (Samantha Mathis) because she is almost perfect looking. Patrick says how Courtney is always taking some type of psychiatric drug how tonight he believes she’s had too much Xanax. After, the dinner with his fiancé and friends he goes to an atm. Where Patrick comes across this...
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