...Dear prospective student. Hello! My name is Jessica. I am a fairly new student with the University of Phoenix and to be honest with you, I was very terrified when I was first accepted to the school because I was so afraid that I could not do it. I am a single mom who works full time. All I could think about was how am I going to be able to handle school, work, and a toddler. At times, yes it was stressful only because I did not have to right mindset or skills that I needed to be a successful student until now. The school actually prepares you for this! I learned more over the course of seven weeks than I did in an eighteen week class in high school. I recently just finished my first class with the University of Phoenix and let me tell you, it was wonderful! The first class really helps you to understand what to expect the during your time at the University. You will learn a variety of helpful tips, how to organize the work, and you even get a refresher course on some basic English skills. The first class also helps you to understand how the attendance and participation works each week. You will get a verity of reading and study techniques that you may or may not have known about that you can utilize through your student career. One on my favorite topics we review was the SMART goals which will also help you out more than you will realize at first. Another important skill that you will master is time management. You may think why do I need time management when I am doing...
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...Pay It Forward ETH 316 Pay It Forward “Pay it forward” is not only a movie but also an assessment of child which dialogues about Trevor’s life and his assignment. Let us consider the impending impact 11-year-old Trevor McKinney as portrayed by actor Haley Joel Osment. As seventh grade student who is challenged by his Social Studies teacher Eugene Simonet played by actor Kevin Spacey in an extra credit assignment to change the world. Living is difficult for the young Las Vegas resident Trevor and single mother Arlene played by actress Helen Hunt. Challenging issues of both physical and sexual abuse, along with extreme alcoholism plague the McKinney family. Arlene has dissociated from her son by her severe drinking problem and habitual poor decision making. She is a casino worker by day and strip club waitress at night. Her son Trevor is no run of the mill son. The child sees the potential difference he can make in a world that he does not like the look of. His plan for change is to influence the lives of three people. If the three people accept, it will become their duty and obligation to continue with his idea of “paying it forward”, instead of taking it back by impacting the lives of three other people. This becomes the idea of “one person reaching another” to “one person reaching out to three.” Ultimately the results can revolutionize the earth. The movie “Pay It Forward” is conveyed in an interesting present-day to earlier and back to the present type storyline by...
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...operate a chain of electronic stores in Texas and you are considering expanding your inventory to include tablet work stations for small businesses. There is only one supplier of the brand of tablets you would like to stock in your store, and that firm is located in Mexico. You have researched the current spot and forward rates between the U.S. and Mexico, as indicated in Table-1: TABLE-1 Spot Rate 30-Day Forward 90-Day Forward 180-Day Forward U.S. Dollar/Peso 1.7851 1.7052 1.8051 1.7555 Peso/U.S. Dollar ? ? ? ? Questions: 1. Complete the Peso/ U.S. Dollar row in Table-1 and explain your methodology. 2. If you agree to pay 2-million pesos for 100,000 tablets at today’s spot rate, how much would you pay in U.S. dollars? 3. If you agree to pay 2-million pesos but wait 180 days and end up paying the 180-Day forward rate, how much would you be paying for the 100,000 tablets, in U.S. Dollars? 4. Your competitors sell the tablet for $41.20 and you must mark you product up from cost by at least 20% to earn a minimal profit, should you buy the tablets today? Explain your answer. 5. Should you wait to buy the tablets in 30 days at the current 30-day forward rate? Explain your...
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...operate a chain of electronic stores in Texas and you are considering expanding your inventory to include tablet work stations for small businesses. There is only one supplier of the brand of tablets you would like to stock in your store, and that firm is located in Mexico. You have researched the current spot and forward rates between the U.S. and Mexico, as indicated in Table-1: TABLE-1 Spot Rate 30-Day Forward 90-Day Forward 180-Day Forward U.S. Dollar/Peso 1.7851 1.7052 1.8051 1.7555 Peso/U.S. Dollar ? ? ? ? Questions: 1. Complete the Peso/ U.S. Dollar row in Table-1 and explain your methodology. 2. If you agree to pay 2-million pesos for 100,000 tablets at today’s spot rate, how much would you pay in U.S. dollars? 3. If you agree to pay 2-million pesos but wait 180 days and end up paying the 180-Day forward rate, how much would you be paying for the 100,000 tablets, in U.S. Dollars? 4. Your competitors sell the tablet for $41.20 and you must mark you product up from cost by at least 20% to earn a minimal profit, should you buy the tablets today? Explain your answer. 5. Should you wait to buy the tablets in 30 days at the current 30-day forward rate? Explain your...
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...CHAPTER 7 Swaps Practice Questions Problem 7.1. Companies A and B have been offered the following rates per annum on a $20 million five-year loan: | |Fixed Rate |Floating Rate | |Company A |5.0% |LIBOR+0.1% | |Company B |6.4% |LIBOR+0.6% | Company A requires a floating-rate loan; company B requires a fixed-rate loan. Design a swap that will net a bank, acting as intermediary, 0.1% per annum and that will appear equally attractive to both companies. A has an apparent comparative advantage in fixed-rate markets but wants to borrow floating. B has an apparent comparative advantage in floating-rate markets but wants to borrow fixed. This provides the basis for the swap. There is a 1.4% per annum differential between the fixed rates offered to the two companies and a 0.5% per annum differential between the floating rates offered to the two companies. The total gain to all parties from the swap is therefore [pic]% per annum. Because the bank gets 0.1% per annum of this gain, the swap should make each of A and B 0.4% per annum better off. This means that it should lead to A borrowing at LIBOR [pic]% and to B borrowing at 6.0%. The appropriate...
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...Pay It Forward; An Honour System March 26th 2012 Pay It Forward; An Honour System In the movie Pay it Forward the young boy Trevor McKinney believes that everyone is capable of good. He believes that if an individual receives helps from someone they will be grateful. However, he has created a system where rather than reimbursing the individual who helped you, you help three other people. Hoping that over time this will grow larger and everyone will be getting help and helping others. He states that “it has to be something really big, something they can’t do for themselves (Leder).” Trevor helps a drug addicted homeless man named Jerry to get cleaned up and buys him clothes so he can get a job interview. He expects Jerry to help out three other people rather than paying him back. This is quite challenging for Jerry and at first he returns to his life as an addict, which causes Trevor to believe his system has flaws. He perseveres and helps his mom to make a new friend and stop drinking. His mom pays it forward by forgiving her mother and allowing her back into her life. The grandmother pays it forward in an amusing way by helping a criminal to escape from the police by allowing him to hide in her car. Now we may think that the chain would stop here, which it may have, however the grandmother used reverse psychology and told the criminal that he was not capable of paying it forward. This motivated the criminal to prove her wrong and therefore he carried the chain forward...
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...One of my favorite figures, Ralph Waldo Emerson, wisely wrote, “In the order of nature we cannot render benefits to those from whom we receive them, or only seldom. But the benefit we receive must be rendered again, line for line, deed for deed, cent for cent, to somebody” and this is exactly what “paying it forward” is. Kant says that morality is not just doing the right thing by helping other people, but doing it for the right reasons as well: simply because it is the right thing to do. He holds true that for an action to be moral, it must be done out of a principle which can be applied to everyone equally, a maxim that can be willed to become a universal law. The movie and the book, Pay it Forward, progressively rises towards the moral standards of Kant as the characters come to understand the meaning of this movement and their duty to the world. I saw a bumper sticker the other day that said, “Think globally, act locally.” That is what the kids in Mr. Simonet’s class are really being assigned to do and that is what the Pay it Forward movement demonstrates. We are all connected to each other. The world may be broken but in watching and helping those around us for the right reason, the benefits spread worldwide. Kant agrees that the world is broken, that the human condition is flawed or Trevor in the beginning says, “the world is shit.” Trevor looks at all the bad around him; the trailer homes, the bullies, all the starving homeless people. His mom is a drunk and working as...
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...What do you do when someone does you a favor? Instead of paying him back, Trevor Mckinney tells you to pay it forward. Pay It Forward stars Haley Joel Osment (The Sixth Sense) as 7th grader Trevor McKinney, the son of an alcoholic and single mother Arlene (Helen Hunt, What Women Want, Cast Away). Eugene Simonet (Kevin Spacey, American Beauty) is Trevor's unconventional Social Studies teacher who gives his class an unexpected assignment at their first meeting: "Think of an idea to change the world and put it into action." Simonet wants his pupils not only to know current events but also to think of making a difference in society. Trevor comes up with an idea: he will do an act of kindness to three people and instead of being paid back with gratitude, he will ask each recipient to pay it forward to three more people. They in turn must pay another good deed to three other people, and so on. Trevor works on a homeless man, his teacher Simonet, and his classmate Adam. Four months later, a reporter's (Jay Mohr) car crashes while on a beat and a stranger gives him his Jaguar to keep. The reporter tries to find out why anyone would do such thing and was told to simply "pay it forward." Leslie Dixon's screenplay based on Catherine Ryan Hyde's novel is a powerful story. Director Mimi Leder (Deep Impact) is Steven Spielberg's protégé and shows the same ability of maintaining the balance in creating realism without falling into melodrama. The lead characters are fully developed and superbly...
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...Prof. Dr. Streitferdt International Financial Management Winter semester 2015/16 1. Prologue 1. Prologue 2. Foreign exchange markets 3. Foreign exchange exposure management 4. Financial management of multinational corporations 5. Financial management of multinational corporations 6. Corporate Governance 7. Mergers & Acquisitions 8. Risikomanagement Prof. Dr. Streitferdt: International Financial Management 1 1. Prologue Discounting Calculating present value 0 t=1 t=2 t=3 2,000 t=0 4,500 3,000 t=4 t=5 3,500 6,000 How much would you be willing to pay for this stream of future cash flows, if the interest is at i = 5.65%? Why is the result today’s value of the future cash flows? What are the assumptions of this calculation? Prof. Dr. Streitferdt: International Financial Management 2 1. Prologue Discounting Calculating present value 10/28 10/14 6,000 0 How much would you be willing to pay for this stream of future cash flows, if the two week Euribor is at i = 5.65%? What makes this calculation different from the last slide’s calculation? How many days has a year? Prof. Dr. Streitferdt: International Financial Management 3 1. Prologue Discounting Interests for investments with less than one year maturity Interests are always quoted for one year: A company has in 2012 an overdraft credit of 100,000 €...
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...Problem 1: Binomial Trees and Real Options Suppose that the spot price, 6-month forward price, 12-months forward price and 18-months forward price for wheat are 250, 260, 270.4 and 281.216 cents per bushel, respectively.[1] A farmer has a project that involves an immediate expenditure of $20,000 and a further expenditure of $90,000 in six months. The farmer collects two wheat harvests per year, and if this project is implemented, it will increase wheat that is harvested and sold by 20,000 bushels in one year and in 18 months (as compared to his typical harvest). Assume that there is no uncertainty about the harvests (all uncertainty comes from future wheat prices). The continuously compounded risk-free rate is 5% p.a. a) If the project has no flexibility (a “yes or no” decision), what is the value of the project? Notice that you do not have to use the binomial tree to answer this question. b) Suppose that the wheat price follows a binomial tree process with parameters u=1.1 and d=0.95 (determine y from forward prices and remember to take this variable into account when computing risk-neutral probabilities). Suppose that the farmer can abandon the project in six months and avoid paying the $90,000 cost at that time (in this case, the increase in harvest will be 5,000 bushels per year instead of 20,000). What is the value of this abandonment option? Is this abandonment option a put or a call? What is its strike? Explain. c) Now, assume that there is no option to...
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...and $5, with the occasional spike to $10 or $20. When a company goes negative, it means they are losing money. Price/Earnings Ratio: This is the king of value measures. It is the price of the stock divided by its earnings per share. Each company has a trailing P/E and a forward P/E. The trailing uses earnings from the last 12 months while the forward uses next year’s projected earnings from an analyst. A stock’s price by itself is meaningless. The Billy Breed method of looking at stocks(seeing a low priced stock and buying it) does not make any sense. If one is selling for $100, and the other is selling for $20, which one should you buy? You do not know until you see the P/E ratio. Say the $100 stock earned $10 last year, and the $20 stock earned $1. The $100 stock has a P/E of 10, and the $20 has a P/E of 20. The $100 one is a better value because you’re buying more earnings power with your money. The lower the P/E ratio, the better off you are. Cash Flow per Share: Cash flow is the stream of cash through a business. You want it to be positive and you’d love it to be big. Some companies don’t however.( Buy now pay later: Boost profit without increasing cash flow. This ratio lets you see what price you’re paying...
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...learning is the right choice to learn in a motivated way. The definition of gamification of learning is an educational approach to motivate students to learn by using video game design and game elements in learning environments. Applying the game gamification model in school would be an advantage for the student education. As a student for someone like me I am very competitive I like to compete with others, This would make me pay attention more than I usually by paying attention this would bring my grade up and raise my GPA As a student this would be very helpful as i compete with others students. For someone like me who is very good at competing to bring my talent in the classroom would be a huge blessed because for an example my classmate mate know that i can compete on the basketball court or i'm just playing football competing to win state championship. I could bring the same mentality in the classroom competing as hard as i can to get price this would make school more fun and many student would actually be forward to wake up everyday and excited about going to school and compete with others....
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...ADVANTAGES College Athletes—Pay or not to Pay, That is the Question? Encouraging today's youth to attend a higher education institution is more important that ever before. Students attend these higher academic institutions by either sports or academic achievement. Focusing on the student population that attends for sports –related purposes, scouts tracked these students to pose the student to attend the represented institutions in the areas of mostly football or basketball. It is not that scouts do not focus on other sports, such as soccer or baseball; just that the marketability of college football or basketball appears to get the most attention from the institutions as well sports media. Obtaining a higher education leads to better-paying jobs and a potentially a better way of life. What about the urban student that lives in poverty that this may be his or her way to a better-living remains based on their athletic talents? They may be great at "hooping" or "can throw the distance" but can they write a term paper? The answer that may surprise most is the answer is yes; they can. However, they cannot afford to attend the local university in their home state let alone another state altogether. So, if they get into the university on a scholarship, play their heart out, and get their championship team to the bowl what do they get for all their hard work? Do all they deserve is a pat on the back when the college receives millions? What happens if they become injured on the...
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...campuses rather then fixing things that were already nicely put in place. Why it is important to come forward when building damage is caused? It is important to come forward when building damage is caused because: 1. If you don’t come forward, everyone in the entire dorm will get hit with a fee for something they had nothing to do. For example, if you break a washer and don’t come forward, everyone will have to pay for a new washer even if they haven’t even used that specific washer before. 2. Also, if you don’t come forward you will always have that monkey on your back that you caused people to pay for something they never did. 3. If you don’t come forward, eventually evidence can arise that you broke the specific object. Your punishment will be significantly worse and your reputation will be destroyed. Community billing charges and procedures To expand upon building charges and procedures: 1. Once a situation arises, everyone involved will be processed and given a chance to state their side of the story. For example, the person who committed the crime will make their statements, while the witnesses will also come forward and state exactly what they saw in the specific situation. 2. Once all possible information is gathered and observed in full capacity the RDs of the building will come out with a statement illustrating who will be paying for the...
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...want to increase this ratio number by increasing their amount of total assets. Kota Fibres as a company (as far as its financial statements are concerned) is very capable of satisfying its short-term obligations as they come due. With a current ratio of 3.24 and quick ratio of 2.38, Kota is operating within acceptable levels (acceptable values are 2.0 and 1.0, respectively). However, the forecasted ratio for 2001 shows that this ratio drops to 1.5:1, which is below the acceptable level of 2.0 set for a manufacturing firm. This means they will have some problem paying their bills on time with the projected production and sales levels. Kota Fibres, in 2000, had a quick ratio of 2.38:1; which is well above the acceptable level of 1.0. However, the calculations show a decline from 2000 and 2001 of 1; this drives home the point that Kota will have issues paying on their short-term obligations may be a problem moving forward. The statements showed an Inventory Turnover of 51.62 for 2000 and 34.72 projected for 2001. This increase is a step in the wrong direction....
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