Assignment 1 1. Prove that : P (E ∪ F ∪ G) = P (E) + P (F ) + P (G) − P (E c ∩ F ∩ G) − P (E ∩ F c ∩ G) − P (E ∩ F ∩ Gc ) − 2P (E ∩ F ∩ G). 2. Prove the followings: (a) (∪∞ An )c = ∩∞ Ac . (cf) In order to prove A = B for two sets A and B, you i=1 n n=1 should show that ∀x ∈ A, x ∈ B, and vice versa.) (b) Let F be a σ-field on Ω. If An ∈ F for all n ∈ N, then ∩∞ An ∈ F. n=1 3. An elementary school is offering 3 language classes: one in Chinese, one in Japanese, and one in English. These are open
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AY2011-12 TERM 2 MGMT104 ENTREPRENEURIAL MANAGEMENT Prof. Tan Wee Liang Group Report Done by: Audrey LOW Hui Xin Justus WEE Rui Hao LUO Jingwei Nicolas Olivier Valentin VILMIN TEO Wei Xin Entrepreneurial Management Group Report 1 Contents Abstract ........................................................................................................................................................ 4 Introduction ...........................................................
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The Social Context of Childhood Describe and analyse how social factors impact upon children and young people and consider how your setting and practice responds to it. The concept about the nature of childhood has changed in significant ways over time. According to James & Prout (1997) the beginning of the twentieth century has marked what they refer to as 'Century of Child'. This is the time when children were acknowledged as the future of every country. Serious attention was
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Return: rAvg=t=1nrtn Standard Deviation of the Sample Returns: σ=S=t=1n(rt-rAvg)n-1 In Excel use =Average and =STDEV functions Measuring Standalone Risk: Coefficient of Variation Coefficient of variation = CV=σr Risk Aversion and Required Rate of Return Assume risk aversion for investors Textbook Example: Basic Food’s Price up to $150 from $100 Sale.com Price down to $75 from 100. Difference in return, 20%-10%= Risk Premium Risk in Portfolio Context Expected return on portfolio=Weighted
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Research Paper 781 SALESFORCE COMPENSATION PLANS IN ENVIRONMENTS WITH ASYMMETRIC INFORMATION Rajiv Lal* and Richard Staelin** October, 1984 * Graduate Shool of Business, Stanford University, Stanford, California 94305 Fuqua School of Business, Duke University, Durham, North Carolina 27706 ** The authors wish to thank Professors Milton Harris, Joseph Hotz, Jim Noel, and Tom Paifrey for their several helpful comments and suggestions. ABSTRACT In this paper, we present a theory of
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BOYS WILL BE BOYS: GENDER, OVERCONFIDENCE, AND COMMON STOCK INVESTMENT In this paper researchs overconfident for trading of women and men investors. There are some specific subjects. First of all, is gender effected to the people who are overconfident ? Rational investors make repetitive contributions and withdrawals from their investment portfolios and trade to minimize taxes. If people are expected lower return and who wants to more trading Greater overconfidence level
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Managing Accounts Receivables Topic: Managing accounts receivables Name: Course: Instructor’s Name: Date: Accounts receivables have both positive and negative aspects. They are an indicator of robust sales and reliable customer base. However, the fact that accounts receivables do not constitute cash at hand or in the bank leaves a possibility of not collecting the money. Therefore, it is crucial to have in place, a system to manage accounts receivables, as well as logical implementation of
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27 THE BASIC TOOLS OF FINANCE WHAT’S NEW IN THE SIXTH EDITION: There are two new In the News boxes on “A Cartoonist’s Guide to Stock Picking” and “Is the Efficient Markets Hypothesis Kaput?” LEARNING OBJECTIVES: By the end of this chapter, students should understand: the relationship between present value and future value. the effects of compound growth. how risk-averse people reduce the risk they face. how asset prices are determined. CONTEXT AND PURPOSE: Chapter 27 is the
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Slide 1 I will now give you a short explanation of some of the payoff profiles we incorporated into our portfolio. As you may remember, a long call is gives an investor the right to sell their stock for the strike price. Buying a call turned out to be our best trade so far in the game. We purchased Exxon mobile with a strike price of $65, meaning that our option would not start to payoff until the stock price rose above this strike price as indicated in the graph. But remember, the profit of our
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Report on Global Financial Crisis Discussions on psychological factors affecting People’s behaviors in the crisis and their motivations Qiang Sheng 9th May 2011 Financial Risk Management Lecturer: Bernd P. Leudecke Macquarie University Melbourne 4.1 Three areas of applications were reviewed and investigated: 1. The pricing of financial assets; 2. The portfolio choice and trading decisions of investors; 3. The behavior of firm managers; 4.2 A “Bubble” is an episode in which irrational
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