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    Good evening, My name is Francis Sejersted. I’m a Norwegian social and economic history professor. I’ve been on the Nobel Committee since 1982, with this year, 1986, being my fourth year. This year, I have the opportunity to express why Elie Wiesel is deserving of the Nobel Peace Prize. We all know Elie Wiesel as the Holocaust survivor and as the writer of the memorable memoir Night. However, we have yet to recognize him for his other achievements. Elie Wiesel, the Romanian born American-Jewish…

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    Binomial Tree Essay

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    Univariate Binomial Tree Cox, Ross and Rubinstein (1979) developed the binomial option pricing model which converges to the Black-Scholes formula in the continuous limit and demonstrates the advantage in valuing American-style options. The model approximates the behavior of an asset price by the upward and downward changes in the asset price over a particular interval of time. As shown in Figure 1, an asset with a current price of S follows a multiplicative binomial process in which the…

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    1) Calculate all of the ratios listed in the industry ratios table for East Coast Yachts. Industry Ratios Ratio Formula Values Answer Lower quartile Median Upper quartile Current ratio current assets/Current liabilities 51,123,050/50,584,750 1.01 0.86 1.51 1.97 Quick ratio current assets-Inventory/Current liabilities (51,123,050-20,149,650)/50,584,750 0.61 0.43 0.75 1.01 Total asset turnover sales/total assets 611,582,000/401,558,750 1.52 1.10 1.27 1.46 Inventory turnover cost of goods…

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    William White Professor Eckstein Public Financial Management August 10, 2015 Privatizing Lotteries - The Advantages and Disadvantages There are many advantages and disadvantages to Privatizing Lotteries. States such as Illinois, Indiana and New Jersey have all privatized their state lotteries. The funds that come from lotteries go towards no particular purpose. For example, the 21 states that participate in Powerball along with the District of Columbia will garner at least $114 million from…

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    Gorilla Advert Analysis

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    Produced in 2007, Cadbury’s Gorilla Advert was a 90 second television and cinema advert, which formed a captivation centre piece for their new marketing campaign. Through the clever use of themes, stereotypes, SFX, style and the impacting use of visual elements, Cadbury have enticed the audience to first hand experience the “glass and a half full of joy.” The sustained use of unconventional methods flow nicely with the stereotypes and overall themes of the advertisement. Preceding the drum solo…

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    revenue of Disney (Market Realist, 2014). Disney took a $200 million write-down on John Carter, and expected a $190 million on The Lone Ranger (Market Realist, 2014). Nevertheless, outperformance from boosted revenues in network media segments showing an overall revenue increase of 5% successfully compensated for the loss in film market. Simultaneously, such diversification strategy can be seen as a concentric diversification which focuses on penetrating to an existing related market. Disney’s…

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    Great Depression and The Stock Market Crash The Great Depression peaked in 1932. It got so bad, that over 6,000 people walked the streets in New York City trying to sell apples for 5 cents each. When the stock market crashed in 1929, it took until 1954 for the stock market to return to pre-depression. The average income of the American family dropped by 40 percent from 1929 to 1932. Income fell from $2,300 to $1,500 per year. The Great Depression and The Stock Market Crash was an iconic and a…

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    The building of the Transcontinental Railroad was finalized on the tenth of May, 1869- and suddenly San Francisco and New York no longer seemed such a long distance from one another. Since its construction, it has long been debated whether or not the railroad left a positive or negative impact on the growth and development of the United States. Supporters cite the improvement of the exchange of intellectual thoughts and ideas and the encouraged and increased growth and business and economy;…

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    The Transformation of Cooperate Control by Fligstien is very interesting to say the least. He argues a different position than many economists would argue. Many economists would suggest that the economy works on its own, and that it is not controlled by anything. However, Fligstien suggests that political and social processes, for example government entities and institutions, control the economy. The social and political process involves three different contexts organizational fields, state, and…

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    calculated using to measure changes in the prices. The average person been produced Beach one time. Time as compared to the base year  Penetration of new technologies:Marketing strategy that aims to achieve certain goals. Basically it is to win market share from competitors who are targeted. Review and consider previous marketing activities as identified in the Marketing Plan. • Attendance at…

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