...University of Texas at Dallas Jindal School of Management FIN4300 Problem Set #3 Fall 2014 Important note: Please submit paper copy of your solutions Due Dates: Dec. 8 for Section 002 and Section 501; Dec. 9 for Section 001 (all in-class) 1. Suppose you are a portfolio manager at Paulson & Co. Inc. Today is the last day of April 2013. Your portfolio did not do well in the most recent month. After learning about the post earnings announcement drift, you decide to give it a try. You gather most recent earnings information on 100 stocks as of April 30 2013. After examining the earnings surprises, you decide to buy an equally weighted portfolio of the top 10 stocks with the most positive earnings surprises. At the same time, you decide to short sell an equally weighted portfolio of the bottom 10 stocks with the most negative earnings surprises. Suppose the dollar amount for both the long and short is based on $10 million. The data for this exercise is included in the excel file SUE final q3.xlsx. (a) Suppose you hold your portfolios for one quarter (from May 1, 2013 to July 31, 2013). What is the return from your long-portfolio? What is the return from your short-portfolio? What is the return from the combined long-short portfolios? (b) Given the return you find from the above exercise, is it consistent with efficient market hypothesis? If yes, state the reason; if not, which form of EMH is violated and why? 2. (a) Many traders claim to observe patterns in stock...
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...Homework #1 1. Suppose you hire a real estate agent and tell him to sell your house to the highest bidder. You pay the real estate agent a flat fee of $50,000 when the house is sold. You learn that, unfortunately, the agent sells the house to the first bidder at a low price. a. What is this type of problem called? b. What is one way to change the real estate agent’s incentive so he does sell to the highest bidder, instead of to the first one? a. This type of problem is known as an agency problem b. One way to change the real estate agent’s incentive so that he is motivated to find the highest bidder is instead of paying him a flat fee of $50,000 you offer him a commission that pays him a percentage of the house’s sales price. This way he will try to find the highest bidder so he can maximize the amount of money he gets and you can get the best possible price for your house. 2. Suppose you own one share of stock in ABC Inc. and one share of stock in XYZ Co. You can sell both shares at $100, but it will take you much longer to find a buyer willing to pay $100 for XYZ compared to ABC. a. Which stock is more liquid? b. If you had to sell both stocks today, which one would sell for a higher price? a. The stock for ABC Inc. is more liquid because it can be sold more quickly with limited price impact. b. The stock for ABC Inc. would sell for a higher price because it is the most liquid out of the two. 3. National Bank pays 3% simple interest on its...
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...National University Bachelor of Business Administration (Honours) or B.B.A. (Honours) Degree Department of Accounting, Management, Marketing, Finance & Banking Second Year Term Paper Guidelines: (1) Each Department shall form a Term Paper Committee consisting of all teachers of the Department, to monitor the overall supervision of the preparation of Term Papers. The Head of the Department shall be the ex-officio Chairman of the Committee. (2) One student shall submit three (3) copies of Term Paper, first copy for the Supervisor, second copy for Second Examiner and third copy for the Controller of Examination of the National University. (3) The Committee shall select a list of Term Paper Topics during the first month of starting the classes of the second year of BBA (Honours). The Term Paper Topic should be selected on an area only from the major subjects of a student at First Year or Second Year. The number of topics shall be at least ten (10) and shall not be more than 20 (twenty) in total. One Chapter Heading of a Major Subject may be customized for a topic of the Term Paper. (4) Term Paper shall be prepared in English by each student individually and every student shall be assigned under a Supervisor for preparing a Term Paper. (5) The Committee shall assign a Term Paper Topic randomly to the students and shall also select the Supervisor and the Second Examiner randomly from the teachers of the concerned Department. The students of a Department shall be primarily...
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...National University Bachelor of Business Administration (Honours) or B.B.A. (Honours) Degree Department of Accounting, Management, Marketing, Finance & Banking Second Year Term Paper Guidelines: (1) Each Department shall form a Term Paper Committee consisting of all teachers of the Department, to monitor the overall supervision of the preparation of Term Papers. The Head of the Department shall be the ex-officio Chairman of the Committee. (2) One student shall submit three (3) copies of Term Paper, first copy for the Supervisor, second copy for Second Examiner and third copy for the Controller of Examination of the National University. (3) The Committee shall select a list of Term Paper Topics during the first month of starting the classes of the second year of BBA (Honours). The Term Paper Topic should be selected on an area only from the major subjects of a student at First Year or Second Year. The number of topics shall be at least ten (10) and shall not be more than 20 (twenty) in total. One Chapter Heading of a Major Subject may be customized for a topic of the Term Paper. (4) Term Paper shall be prepared in English by each student individually and every student shall be assigned under a Supervisor for preparing a Term Paper. (5) The Committee shall assign a Term Paper Topic randomly to the students and shall also select the Supervisor and the Second Examiner randomly from the teachers of the concerned Department. The students of a Department shall be primarily allocated...
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...TermPaperWarehouse.com - Free Term Papers, Essays and Research Documents The Research Paper Factory Join Search Browse Saved Papers Home page » Business and Management Should Companies Comply With China's Terms In: Business and Management Should Companies Comply With China's Terms Should companies comply with China’s terms? As our society advances towards a global society, and companies begin to transition themselves into multinational and global organizations, the question of which rules and regulations should the company follow is likely to precipitate. I feel such is the case with China. I believe prior to answering the question of foreign nation compliance, one should examine the reasons why an organization has entered into that foreign market. The primary objective is typically profits, a secondary could be expansion, an initiative to become a globally known brand and gain international market share. Once the fundamental question of “why” is answered, the remaining issues, such as foreign government policies, can be addressed as well. So should a company comply or defy? Proponents of both sides of the fence are up in arms and ready to debate their stance. Proponents argue loss of market share if a company decides to leave a potentially new market, especially an international market. And proponents of defying the compliance terms are citing moral and ethical beliefs which make it wrong to comply with a communist government (http://hbswk...
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...all your needs? We a the reiable choice of writers to do your homework You have to attend that event yet your assignment is tying u up from moving about with your social activities. Like many students, you might have found yourself in a dilemma faced with a hard task of writing your academic papers. You may have spend numerous hours planning and writing your homework and only end up with discouraging grades. Well, worry no more. Our company is one of the most recognized homework writing services. Here you are assured of an ideal homework that meets all your specifications and it is this facor that has eared us the trust of thousands of studens in universities all over the world seeking homework help. Homework writing service: Dissertation writing service: When the going gets tough, buy custom dissertation online from research paper experts Phew! Finally, you have completed your coursework and now must write a dissertation? Unless you have written a multitude of formal research papers before this is not going to be amusing. Even to the best of us, writing a dissertation to completion is never a walk in the park. Far from the simple tasks of essay writing or even writing a term paper, the exercise is going to be draining, time consuming, and, if not well prepared or not sure of how to conduct research, analyze data, and present findings, one to forget quickly. There is no two ways about this. Writing a dissertation amounts to completely new exercise, as you now must embark...
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...TermPaperWarehouse.com - Free Term Papers, Essays and Research Documents The Research Paper Factory JoinSearchBrowseSaved Papers Home Page » Business and Management Principles & Practice of Management In: Business and Management Principles & Practice of Management Examination Paper Principles and Practice of Management Section A: Objective Type (30 marks) Part one: Multiple Choices: 1. A plan is a trap laid to capture the ________. Ans.: A) Future 2. It is the function of employing suitable person for the enterprise Ans.: B) Staffing 3. ___________ means “ group of activities & employees into departments” Ans.: D) Departmentation 4. This theory states that authority is the power that is accepted by others Ans.: A) Acceptance theory 5. It means dispersal of decision-making power to the lower levels of the organization Ans.: A) Decentralization 6. This chart is the basic document of the organizational structure Ans.: C) Master Chart 7. Communication which flow from the superiors to subordinates with the help of scalar chain is known as Ans.: B) Downward communication 8. Needs for belongingness, friendship, love, affection, attention & social acceptance are Ans.: D) Social Needs 9. A management function which ensures “jobs to be filled with the right people, with the right knowledge, skill & attitude” Ans.: A) staffing defined 10. It is a process that enables a person to sort out issues and reach to a decisions...
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...Finance Terms and Roles Paper Finance is simply the management of money. It is also described as the study of how people and businesses evaluate investments and raise capital to fund them (Mayo, 2012). When one think of finance, the first thing that comes to mind is cash flow (the amount of cash a company spend and receives.) The financial aspect of business includes receipt of cash, sales, management of finances, amongst other financial transactions. Loans and investments into a business is one of the first portions business owners seek knowledge in. Most first time business owns seek out loans and investments for startup money. Finance is an important aspect of business and in everyday situations. An efficient market is when all of the market’s participants can see the values of a public company at any given moment. The importance of an efficient market is there are not any over or undervalued stocks because all stock is traded based on information that is available to everyone. In this market businesses are able to raise money. A primary market is a financial market in which new securities (tradable assets) are bought and sold the initial time (Mayo, 2012). On the other hand, a secondary market is a market where previously issued securities are bought and sold (Mayo, 2012). Companies do not receive any additional money in a secondary market. A loss is a loss and a profit is a profit. Risk is the chance investors take when investing money into a business. Investors take...
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...Tables and Figures Tables should be labeled and captioned above the table as "Table N," where N denotes the number of the table, and captioned. Material such as photographs, images, charts, and line-drawings should be labeled and captioned below the material as "Figure N" where N denotes the number of the figure, and captioned. Tables and Figures are numbered separately in series, 1….N. Captions for each should describe briefly, in neutral terms, the content of the table or figure. Quotations and Paraphrasing You should have very few, if any, quotations in your paper. Let us repeat that, VERY FEW QUOTATIONS. Quotations that constitute fewer than five lines in your paper should be set off with quotation marks [ “Lions roar” ] and be incorporated within the normal flow of your text. For material exceeding that length, omit the quotation marks and indent the quoted language one inch from your left-hand margin. Any quotation should be followed in parentheses by the source of the quotation. Mostly, you will paraphrase what you read, meaning that you put it in your own words. All your own words! Do not use a quotation with only one or two words changed. Doing this amounts to PLAGIARISM and will be treated as such!! Refer to the pdf at the following web site for additional useful information about avoiding plagiarism: http://sja.ucdavis.edu/files/plagiarism.pdf Citing the Scientific Literature EACH AND EVERY FACT drawn from a reference must be followed in the text by...
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...BUYBYBF FS FWEFWEWEFfgdsfg ggeragergsfsa fsfwf sfnn lglgleleggrrgegjrejgjrjrjrjrjrjgjjgjergjegjgjsdgdsfkgdfkgkTermPaperWarehouse.com - Free Term Papers, Essays and Research Documents The Research Paper Factory * Join Bottom of Form Factors Affecting The Academic Performance Of College Working Student Factors Affecting The Academic Performance Of Selected Working Student a researcher, the main purpose of the study is to know the factors that affect the academic performance of working students. In addition, this paper aims to provide... Save Paper * Factors Affect The Academic Performance Of Selected Working Student Chapter 1 The Problem And Its... the requirement in Marketing I. This is to certify that the Marketing Plan prepared by the following students: Beriña, Ivan Jan Erick C. Cuarez, Hazel D. Dulay... Save Paper * Significance Study Of Factors Affect The Academic Performance Of Selected Working Student easier access toinformation, that it motivated students to perform at a higher level, and that it providedcurrent information. In addition to these high-frequency... Save Paper * Factors Affect The Academic Performance Of Selected Working Student Submitted by: Bri Let's get physical Get down, get hard, get mean Let's get physical And beat that other team! Submitted by: Bri Hey, Hey Hey hey are you ready... Save Paper * Factors Affecting The Academic Performance Of Selected Working Student The Book Kate skimmed through, with her fingers, through all...
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...users, mainly because they find code handling and scripts extremely confusing. Well, with some of the screenshots below you might get an idea of how to do it in very simple and easy steps. Once you have a Google account, you can go to (analytics.google.com). Here you will be greeted with three steps that you need to complete for setting your Google Analytics account. On clicking ‘Sign Up’ button you will land of this page where you are required to fill in all important details related to your website After filling in all the details when you click the ‘Submit’ button a page will appear in front of you that would be like this Once you are finished, you will click the ‘Get Tracking ID’ button a pop-up will appear with Google terms and conditions, which you have to agree to. Then you will get your GA Tracking code. This needs to be placed on all pages of your website. The installation depends on the nature of website. For example in a Wordpress site the framework has a specific area where header and footer scripts of GA code can be added. With the code placed on all pages of the site, tracking of visitors as well as other important dimensions will commence. 2. What are the 2-5 most important tools/features that beginning GA users should know? Why are these important? Online Assignment Help for...
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...TermPaperWarehouse.com - Free Term Papers, Essays and Research Documents The Research Paper Factory Join Search Browse Saved Papers Home Page » Science Example of Investigatory Project In: Science Example of Investigatory Project USING POTASSIUM CARBONATE AND SODIUM BORATE AS FIRE RETARDANT IN DIFFERENT KINDS OF CLOTH Team Category Cluster 2 Applied Science Charalin Mae P. Chavez Ashley D. Tumulak Khent Bernard F. Bensi Babag National High School (Science Class) table of contents Title Page ……………………………………………………… i Table of Contents ……………………………………………………… ii Abstract ……………………………………………………… iv Research Plan Research Materials ………………………………………………………1 Research Procedure ………………………………………………………1 Precautionary Measures ………………………………………………………2 Safety Measures ………………………………………………………3 Introduction Research Background ………………………………………………………4 Objectives of the Study ………………………………………………………5 Significance of the Study ………………………………………………………6 Scope and Limitations ………………………………………………………7 Definition of Terms ………………………………………………………8 Review of Related Literature ………………………………………………………9 Results and Discussion ………………………………………………………13 Findings ………………………………………………………14 Summary ………………………………………………………15 Conclusion ………………………………………………………15 Recommendations ………………………………………………………16 References / Bibliography ………………………………………………………17 Appendices ………………………………………………………18 Acknowledgement ………………………………………………………19 ABSTRACT The main aim of this study...
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...in Cheating A guide to buying term papers online. Students, your semester is almost over. This fall, did you find yourself pulling many bong hits but few all-nighters? Absorbing much Schlitz but little Nietzsche? Attending Arizona State University? If the answer is yes to any or (especially) all these questions, you will no doubt be plagiarizing your term papers. Good for you—we're all short on time these days. Yes, it's ethically blah blah blah to cheat on a term paper blah. The question is: How do you do it right? For example, the chump move is to find some library book and copy big hunks out of it. No good: You still have to walk to the library, find a decent book, and link the hunks together with your own awful prose. Instead, why not just click on a term paper Web site and buy the whole damn paper already written by some smart dude? Que bella! Ah, but which site? I shopped at several online term paper stores to determine where best to spend your cheating dollar. After selecting papers on topics in history, psychology, and biology, I had each paper graded by one of my judges. These were: Slate writer David Greenberg, who teaches history at Columbia; my dad, who teaches psychology at the University of Rhode Island (sometimes smeared as the ASU of the East); and my girlfriend, who was a teaching assistant in biology at Duke (where she says cheating was quite common). So, which site wins for the best combination of price and paper quality? I compared free sites, sites...
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...Stetson School of Business and Economics The Stetson School of Business and Economics (SSBE) promotes the advancement and integration of quality business education and practice. In support of Mercer University’s mission, the School provides undergraduate and graduate programs that are designed to enable, enhance, and expand professional careers, civic responsibility and lifelong learning. ACC 601 A22 Accounting Theory Fall 2012 Session II Tuesdays: 6:00 P.M. to 10:15 P.M. Professor: Julie Petherbridge Office Phone/Voice Mail: 678-547-6010 Office: 205 BE Bldg Email: petherbrid_j@mercer.edu Fax: (678) 547-6160 Office Hours: 3 - 6 pm Tuesdays and Thursdays and by appointment COURSE DESCRIPTION This course focuses on financial accounting theory, current pronouncements, problems of income determination, and accounting research and research methodology applied to accounting issues. COURSE OBJECTIVES This course discusses broader implications of financial accounting and examines critically accounting theories. It provides theoretical base for financial accounting and reporting in business relationships characterized by information asymmetries. Besides its theoretical orientation, the course discusses institutional structure and different reporting environments of financial accounting and standard setting. It also features considerable coverage of financial accounting literature. Students completing this class should be able to: • To understand...
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...A term paper is a semester written project that can be in a form of either an essay or a structured research paper. Basically it intends to enhance or develop the skills of the students in the aspects of communication, resourcefulness and discipline. Now what are the parts of a term paper that you should know about? Let me give you the five basic parts necessary for this article. 1. The cover page is the first part of the term paper. Actually it does not contain anything about the topic you have selected. It is just a page that provides the title of your work as well as details about you as the writer. A standard term paper usually has a separate cover page before the main pages of the article. 2. The next part of a term paper is the introduction. This is integrated in the actual page structure of the project. You need to provide a background of the topic that you have written. In this paragraph, make sure that you provide details why the topic is important and what is to be expected in the contents of discussions. You also need to place the thesis statement at the introductory paragraph. 3. The third part of a term paper is the body. Actually you are not limited to using only one paragraph. Depending on the discussions of the topic, you can expand the number of body paragraphs indefinitely. Some research term papers for school will have to contain discussions like methodology, literature review or pictures and diagrams. But always make sure that the body can support the thesis...
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