Saturday, May 23, 2020

Finance Week 6 - 1558 Words

Course Project Part II Introduction You will assume that you still work as a financial analyst for AirJet Best Parts, Inc. The company is considering a capital investment in a new machine and you are in charge of making a recommendation on the purchase based on (1) a given rate of return of 15% (Task 4) and (2) the firm’s cost of capital (Task 5). Task 4. Capital Budgeting for a New Machine A few months have now passed and AirJet Best Parts, Inc. is considering the purchase on a new machine that will increase the production of a special component significantly. The anticipated cash flows for the project are as follows: Year 1 $1,100,000 Year 2 $1,450,000 Year 3 $1,300,000 Year 4 $950,000 You have now been tasked with†¦show more content†¦You would also have to assume that the bond would be held until its maturity date and all scheduled payments related to the bond would be made on time. AirJet could also use this method to estimate future return on a bond. d. Explain why you should use the YTM and not the coupon rate as the required return for debt. (5 pts) The coupon rate uses the face value of a bond to compute the bond value. It does not take into consideration the price of the bond at its issue or the redemption value of the bond. As a result, using the coupon rate could cause a large depreciation of funds. 2. Compute the cost of common equity using the CAPM model. For beta, use the average beta of three selected competitors. You may obtain the betas from Yahoo Finance. Assume the risk free rate to be 3% and the market risk premium to be 4%. Betas from Raytheon (0.75), Lockheed Martin (0.64), and Boeing (1.11) create an average of 0.8333. a. What is the cost of common equity? (5 pts) Cost of common equity = Risk free rate + (market risk premium * beta) = 3% + (4% * 0.8333) = .03 + .033332 = .063332 = 6.3332% b. Explain the advantages and disadvantages to use the CAPM model as the method to compute the cost of common equity. Compare and contrast this method with the dividend growth model approach. (10 pts) CAPM Advantages: it is the most relevant way to determine the risk toShow MoreRelatedFin 370 Syllabus Essay examples1359 Words   |  6 Pages | | |Finance for Business | Copyright  © 2012, 2011, 2010, 2008, 2006 by University of Phoenix. All rights reserved. Course Description This course introduces the student to the essential elements of finance for business. Emphasis is placed on financial management, financial markets, and the tools, techniques, and methodologiesRead MoreUniversity of Phoenix Corporate Finance Syllabus1329 Words   |  6 Pages| Syllabus School of Business FIN/571 Version 5 Corporate Finance | Copyright  © 2011, 2010, 2009, 2008 by University of Phoenix. All rights reserved. Course Description This course applies corporate finance concepts to make management decisions. Students learn methods to evaluate financial alternatives and create financial plans. 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Tuesday, May 12, 2020

Adverb(ial) Phrases in English

An adverb phrase (or adverbial phrase) is a word group with an adverb as its head. This adverb may be accompanied by modifiers or qualifiers. An adverb phrase can modify a verb, an adjective, another adverb, or even an entire sentence or main clause. As shown in the examples below, it can appear in a number of different positions in a sentence. Examples of Adverbial Phrases The Cheshire Cat vanished quite slowly, beginning with the end of its tail.The players responded surprisingly well to all the pressures of the playoffs.The best way to preserve the flavor and texture of fresh vegetables is to cook them as quickly as possible.As quickly as possible, we cleaned the fish and placed them in coolers.The air was warm, stirred only occasionally by a breeze.Only occasionally is there a rumble in the sky or a hint of rain.Snow fell much earlier than usual.My daughters choice of driving music is,  surprisingly enough, classic rock. Quotes With Adverb Phrases James Russell Lowell If youth be a defect, it is one that we outgrow only too soon. Beverly Barton, Close Enough to Kill Bernie watched Jims face for a reaction.  Surprisingly enough, he grinned. Adverbial Phrases Without Adverbs Theyre called adverbial phrases because they can occur in the same range of positions as single adverbs. Many such adverbial phrases, paradoxically, do not contain an adverb. Such adverb-less adverbial phrases are typically prepositional phrases, as italicized in the examples below from James R. Hurford in Grammar: A Students Guide. On Friday night, Im playing squash.Their marriage broke up in the most painful way.May I, on behalf of the shareholders, congratulate you? Positioning Adverb Phrases Jame R. Hurford, Grammar: A Students Guide Like adverbs, adverb phrases can cause confusion because there is some flexibility in where they occur within sentences, and even in modifying the sentence structure. As well, adverb phrases are sometimes embedded in other phrases. Examples are: Laura, a better, gentler, more beautiful Laura, whom everybody, everybody loved dearly and tenderly.He had taken her hand sympathizingly, forgivingly, but his silence made me curious.David, on the lowest step, was very evidently not hearing a word of what was being said. Our first example identifies an adverb phrase following the verb loved; the next example shows an adverb phrase following the noun hand and removed from the verb it modifies; the third example has an adverb phrase embedded into a verb phrase was...hearing. Such flexibility makes it more difficult to identify these phrases; therefore, noting the head adverb can be of help. Sources Barton, Beverly. Close Enough to Kill. Hardcover, Zebra Books/Kensington Publish, 2006. Hurford, James R. Grammar: A Students Guide. Cambridge University Press, January 27, 1995. ODwyer, Bernard. Modern English Structures: Form, Function, and Position. 2nd Edition, Broadview Press, June 16, 2006.

Wednesday, May 6, 2020

Social Evils Poverty and Health Free Essays

Poverty is one of the most important social evils and a major determinant of ill health (1). From time it is known that poor social status is a major determinant of disease and reduces longevity in a big way. The Charaka Samhita recognized that community structure and functioning was an important cause of disease in individuals. We will write a custom essay sample on Social Evils Poverty and Health or any similar topic only for you Order Now The association of individual illness causing community disturbances and poverty and vice versa was noted (2). Health status is strongly determined by socio-economic positions and a large body of literature from developed ountries demonstrates that most causes of deaths occur at a greater rate in groups with lower socio-economic status (3). Pathways from adverse social circumstances to ill health are then discussed and some suggestions are made for eliminating these social evils. The Global Burden of Diseases Study reported major causes of mortality, disease burden and risk factors in various parts of the world (4). In developing countries, infections of respiratory tract, HIV/AIDS, diarreah, tuberculosis, and malaria have emerged as important causes. The reliability of mortality ata has been questioned in terms of medical classification of deaths as a large number of deaths are recorded as proof and old age. Globally, the important causes were lower respiratory infections, AIDS, heart disease, and malaria. Indian National Commission on Macroeconomics and Health (9) has reported that communicable diseases, maternal conditions as well as non- communicable diseases which are major causes of disease burden. The Second Global Burden of Diseases Study (4) quantified more than twenty health risk factors that influence health of populations. Major risk factors identified were childhood and maternal undernutrition leading to childhood and maternal underweight. , iron deficiency, anaemia, vitamin A deficiency and zinc deficiency. There was a difference in risk factors causing disease burden or mortality. Social circumstances and poverty are the major determinants of all these factors. A social problem is defined as a situation confronting a group or a section of society which inflicts injurious consequences that can be handled only properly (11). There are a number of social problems in India (11). These have been identified as poverty, illiteracy, unemployment, population explosion, communalism, youth unrest, violence against women, crime and criminals, alcoholism, terrorism, corruption, and more recently, overweight/obesity in the urban subjects coupled with changing lifestyles. Multiple efforts to accurately identify social determinants of health have been performed and some efforts have evolved recently. Social determinants of health were enumerated by Marmot and others at the Solid Facts Program of the World Health Organization (12). The factors identified were social rganization, early life events, life-course social gradient, high unemployment rates, psychological work envoronment, transport, social support, cohesion, food, poverty, and social exclusion. All of these factors are classified as social evils that directly influence health. Because non-communicable diseases are major health issues in Europe and other developed countries, these factors reveal only half the story. For example, illiteracy and low educational status is a major disease risk factor but not part of the WHO agenda as this is not as serious f a problem as it is in Europe (3). A major development to address various social issues and poverty was the landmark United Nations Millennium Declaration in the year 2000 by various Heads of States and governments. The declaration articulated Millennium Development Goals (MDGs) which include specific targets for social engineering to bring about equitable prosperity and health (13). These specific targets include poverty reduction, increasing primary education, promoting gender equality, and development of a global partnership for an even bigger development. How to cite Social Evils Poverty and Health, Essay examples

Friday, May 1, 2020

Family and Grandparents free essay sample

They have been given the nomenclature name of grandparents because, they are really grand. Grand in their cute and majestic appearances, grand in their magnanimous behaviour, grand in their attitudes, and lo and behold, very grand in their love and affection. Grandparents are the name given to the parents of ones parents, and they are really the ones who pamper the children of the family. This also can be easily analyzed; they pamper their children and grandchildren out of proportion. This is because after a very long gap of time when their own children were small, now, they find in their homes little children to play with. They pamper their grandchildren more than they ever did their own because now is the time when they have all the hours of the day, at their disposal, free from all responsibilities. Now they have all the time to pamper, cajole, and make love to little children. We will write a custom essay sample on Family and Grandparents or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page When their own children were small, they had no time to waste on such cajoling. Besides all this, the parents being busy for the whole day have no time from their routines to see to the extra demands of the children, and, this is where the grandparents enter the scene of the family. Grandparents are such a solace to the children, who are gifted to them as the most loving members in the house. They provide the all-important lap to lay the stressed body and head and of course experienced brains to give advice. With grandparents in the family, the children learn a lot more about life than otherwise. They learn to respect, not only their elders but all the old and infirm. They learn to help the weak, and to go all out to people who need any help. Thus the very presence of grandparents, gives the children a huge stock of humaneness, which they would otherwise have missed upon. The stories narrated by grandparents give an immense pleasure to the children together with a deep insight into life, even if the children havent faced it yet. At most times, grandparents can also be very good friends who play indoor games with the children, for which the parents have no time to spare. Above all advantages, the blessings of grandparents are so very interesting and inspiring that, the children really get a boost to work and work more and more. Just as everything has two sides to it, so does the existence of grandparents in a family also has the other side to it. The other side of the coin is that, their very existence can be really very damaging for the children. At times, the grandparents just cannot understand the trends of the changing times. When this happens they are bound to be a nasty experience for the children. When these same grandparents keep nudging at the children for whatever they do just quoting that it never happened in the earlier times or in their time, they offend the children beyond all repairs. They do not seem to realize that, between them and the children there is a gap of two generations, and, each generation is bound to be different. This strict attitude of the grandparents towards the children creates a wedge between the three generations living under one roof. These wedges can grow deeper with time, if the grandparents refuse to forget that theirs was a different generation. With the wedge becoming deeper there can be a break and this can be disastrous for both, the children and the family. Thus, as is true of all things, there are advantages and disadvantages of living with grandparents. They are, on the one hand, a solace to tired bodies and minds, while on the other hand they can be the single cause of breakups in a family. It would be just wonderful if grandparents could see more analytically the present times and then guide the children and adjust themselves too. To strike a balance in three generations is no doubt difficult but, if achieved with the effort of all it can produce a heaven on earth, a home which could be envy of all around and home for others to emulate. Grandparents are a boon and can become a bane to a family. A suggestion for all would be one word adjustment that is the key, yes, the master key to the prosperity in mans life.