...Case 2 - The Walt Disney Company’s ”Sleeping Beauty” Bonds Why long-term bonds? Disney Company’s management may speculate that the interest rate will rise in the long run, although the interest rate at that time was very low. Actually this speculation was opposite to the Federal Reserve, who tended to use more short-term debts rather than long-term ones. Based on Disney’s speculation, the company has much incentive to issue long-term bonds to lock a relatively low cost of capital from the market. Higher yield than 30-year US Treasury bonds Disney Bond has higher yield than 30-year US Treasury bonds for the following three reasons: First, Disney bond has a payment period for 100 years, with more liquidity risk; Second, since Disney bond is a global securities with higher credit risk compared with US Treasury bonds; Third, Disney’s bond incorporates a call option. Thus, investors require larger yield of this bond. Face value vs. coupon value From the perspective of the bondholder, semi-annual coupon payments are more valuable than the final payment of face value in terms of present value. If we use the coupon yield 7.55% as YTM, we could derive that present value for face value is $207,052.17, while present value for coupon payment is $149,999,785.65. Callable vs. non-callable a. From the investors’ perspective, the Company’s call option will make the bond less attractive at issuance date, because investors will bear the interest risk when the interest declines in 30 years...
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...The princesses have been the same for 30 years and will stay the same for 30 more years. They are a role model that doesn’t change; there is no worry about them getting into abusing drugs or alcohol The Disney princesses teach girls the importance of family, friendship, acceptance and so much more. So why wouldn’t you want them to be a role model for your daughter? You have a guarantee that they won’t mess up like someone else could. A Disney princess shows the importance of family. In Beauty and the Beast we see Belle who trades her freedom to free her father and takes his place as the Beasts’ prisoner. By having Belle trade places with her father it shows that “Disney animated films contain strong messages about the importance of family relationships. Family members were often shown making sacrifices for one another, and putting their families’ well being before their own.” (Tanner 367) Even after Belle falls in love with the Beast, she leaves to go help her sick father. In Sleeping Beauty, Aurora’s mother and father give her up to the 3 fairies in order to protect her from Maleficents’ curse. For 16 years the fairies gave up magic so that they would be able to raise her in secret. In The Little Mermaid King Triton gives up his freedom for Ariel so that she wouldn’t become one of Ursula’s slaves. Also at the end of the...
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...Nattharucha Piamsawat Student No: 5303640576 Reaction paper on Gender Studies Gender and happily ever after Ever since I was little, I have been observing cartoon and fairytale, as it is soothing and full of joy. Mother would read me a bedtime story about Everland, the giant, the witches, and the princess. I have grown along all this beautiful dream within me, yet, being reminded regularly when I watched movies emphasizing how important love is to the existence of human beings. The worse thing is, I do not let this stay as childhood thinking. I grow older but I myself try to consume even more movies and literatures about the same old concept of happiness without realizing that these were poison for me to live in reality. To most of the young girl all over the world as well, I assumed, do not care about how time and way of life has changed so much since the first fairytale was written since the same story is told over and over. The new plots and characters may changed but the concept stays the same. The most well known fairy tale for young girls of all time is, of course, the Walt Disney princesses. Disney is one of the largest media companies which was established by Walt Disney back in 1923. The basic elements of Walt Disney are victory of the good over the evil and to finally find true love equals happily ever after. Despite how long time has passed, one of the originals that was created, which is Cinderella, is still being consume moreover influencing children...
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...y the side of a wood, in a country a long way off, ran a fine stream of water; and upon the stream there stood a mill. The miller's house was close by, and the miller, you must know, had a very beautiful daughter. She was, moreover, very shrewd and clever; and the miller was so proud of her, that he one day told the king of the land, who used to come and hunt in the wood, that his daughter could spin gold out of straw. Now this king was very fond of money; and when he heard the miller's boast his greediness was raised, and he sent for the girl to be brought before him. Then he led her to a chamber in his palace where there was a great heap of straw, and gave her a spinning-wheel, and said, 'All this must be spun into gold before morning, as you love your life.' It was in vain that the poor maiden said that it was only a silly boast of her father, for that she could do no such thing as spin straw into gold: the chamber door was locked, and she was left alone. She sat down in one corner of the room, and began to bewail her hard fate; when on a sudden the door opened, and a droll-looking little man hobbled in, and said, 'Good morrow to you, my good lass; what are you weeping for?' 'Alas!' said she, 'I must spin this straw into gold, and I know not how.' 'What will you give me,' said the hobgoblin, 'to do it for you?' 'My necklace,' replied the maiden. He took her at her word, and sat himself down to the wheel, and whistled and sang: 'Round about, round about, Lo and behold...
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...There are many fairy tales that we have heard as children, but as society is changing so are those fairy tales. Cinderella as so happens to be one of those fairy tales that has been changed over the years. Now in days there are many versions of Cinderella. Almost every culture has their own version of Cinderella. All the Cinderella stories have a similar plot, but all still share some differences. Differences such as who helped Cinderella, how she was helped, what cloth she wore, and the ending are different as well. Charles Perrault and the Grimm Brothers both wrote similar versions of the famous Cinderella story it is the differences in each story that make each of them a masterpiece. In each story of Cinderella...
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...Most of the movie is made up of loving attributes when the originals are life-related and cruelty that comes with it. In the movie, Snow White can only be woken by true love's kiss. The Evil Queen’s only flaw is when the Prince finds Snow sleeping and kisses her right away. (01:20:30-01:21:30). This is very unrealistic to today's standards and is unlikely to ever happen. While in the Grimm stories the Prince wants to keep her as a decoration for her beauty and his guard happened to trip and knock the poisonous apple out of her throat. “And now the king's son had it carried away by his servants on their shoulders. And it happened that they stumbled over a tree-stump, and with the shock the poisonous piece of apple, which snow-white had bitten off came out of her throat,” (Grimm). However, Disney didn’t completely change the story for their pleasures for happiness. Snow White still meets the seven dwarfs and she still gets the guy. In Snow White and the Seven Dwarfs, Snow is set free from the huntsman (00:07:45-00:09:25) and she also meets the dwarfs and falls asleep connecting to the story...
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... A hero in disguise Shrek Intro: Shrek is directed by Andrew Adamson and Vicky Jenson, staring Mike Myers, Eddie Murphy and Cameron Diaz. This fantasy, adventure comedy film tells a story of an Ogre whose swamp is suddenly shattered by an invasion of several overbearing fairy tale characters. They were all banished from their kingdom by the evil Lord Farquaad (John Lithgow). Determined to save their home and his Shrek makes a deal with the evil king Farquaad and sets out to rescue Princess Fiona (Cameron Diaz) from a tower protected by a dragon and surrounded by lava so that she can be lorde Farquads bride. After rescuing the princess Shrek discovers she is far different than he imagined and begins to have a connection with her and it is soon revealed that she too is an Ogre. I will be exploring the different presentational devices used by the film creators of Shrek to create an unusual and nontraditional fairy tale. It is based on a traditional fairy tale type of story but subverted through the appearances and behaviors of the characters as well as who is represented as the villain and the hero of the overall story. Stereotypes: does the film support or challenge traditional stereotypes? ● In Shrek, gender roles are very specific in the beginning. Shrek is a noble night going to rescue a princess in a tower for a king. Although he has neither the personality nor the physicality of the handsome prince cliche. Additionally, the film supports traditional stereotypes at...
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...Synopsis: Maleficent vs. Shailene Woodley The movie Maleficent, by Robert Stromberg, is a spin off of Sleeping Beauty, with a fun twist where the main character, Maleficent, perfectly portrays Shailene’s distinct personality. Neither of these women understand the avaricious habits people carry with themselves nor why people are so untrusting of one another. In the movie Maleficent questions the necessity of a higher power and wonders why the other kingdom can not function in order without a hierarchy. The kingdom of which she lived in “...needed neither king nor queen but [they simply] trusted in one another.” Shai’s beliefs correspond with this by how she accepts society to understand that everyone is equal thus deserving the same respect,...
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...Analysis of Mathey Trewella The folk tale, Mathey Trewella, is a story written by Sybil Marshall back in 1981. It takes place “backalong the ages” in the legend-land of the West Country. More precisely in the Christian fishing village, Zennor. Here we meet the squire’s son, Mathey Trewella, who has the most amazing tenor voice. One day at the church, right before the priest says the mass, a beautiful strange woman enters. The stranger has the most stunning voice, described as “a silver bell on a frosty night! Like the tide in the moonlight rippling over the pebbles! Like the holy angels singing, the night that the Lord was born”. Drawn by her beauty, the men gave her all their attention. Especially Mathey could not stand the beauty of the strange woman, who later on appears to be a mermaid. The third time she came to the church, Mathey could not stand his desire for the woman so he followed her up to the cliffs. From that day, Mathey and the mermaid were not to be seen in the village. Many years later a ship dropped anchor off the Pondower Cove near Zennor. Unfortunately, the Anchor landed right across the mermaid’s front door, which resulted that her husband, Mathey Trewella, and their kids were caught. The Captain promised to help the mermaid and commanded the crew to raise the anchor. Back in Zennor, they heard the story and felt sorry for Mathey. To remind the village not to be seduced by other temptresses, they carved a figure of the mermaid on her bench in the church and...
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...A huntsman saved Little Red Hood and her granny after they were eaten alive by a wolf. Wolf tricked Hood into picking flower as he headed down the road to granny’s home. When he arrived to the home he knocked at the door and entered after receiving no response. Wolf then ate granny alive when he got to her room. According to Sarah Griffiths in her article on history of Little Red Hood states that Little Red Hood’s story first appeared in Europe during the first century. The story of this young girl dates back to about 2,000 years ago and is considered to be a folktale. “It's a story told around the world. Little Red Riding Hood goes to visit her grandmother, only to discover that a wolf has eaten the old lady, dressed in her clothes, and now...
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...young girls. Are these princesses setting a good example for the aspirations of today’s children? The grasp of Disney Princesses reaches incredible lengths. They’re international symbols that are recognizable all over the world, but perhaps they are not the best role models to idolize. Disney Princesses do not represent positive icons for young girls because they glamorize unrealistic concepts of beauty and promote naïve life choices. Disney released its first Disney princess film, Snow White and the Seven Dwarves, in 1937. Since its release, Disney has created twenty-three other animated Disney films that could be considered princesses. These princesses bring in billions of dollars of revenue through Disneyworld merchandise, attractions, characters, and movies (Disney...
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...For this discussion, I selected the debating issues on gender stereotypes as my opinion on this matter is unprejudiced. To come upon Disney Princesses as the topic of these debating articles somewhat made me ponder. Is this topic really worth debating? To start with, both articles seems to indicate the strong emotions imbued on them by their respective authors. Monika Bartyzel claim and argues that Disney has set standard in typecasting children into stereotyped gender roles by means of their toy franchise. What drew the final straw for Bartyzel was the reshaping of the physiques of Merida—main character of the movie Brave—into a customary figure that Disney Princess usually characterize. As an evidence of the problem of gender stereotyping...
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...Imagine the last time it was common for little girls in a toy store to ask their mommies for toy cars or perhaps something sporty, this type of situation is indeed fading. Instead, we find it common for little girls to run to isles that are glowing with neon pink boxes containing their favorite princess figures that they have seen in their favorite movies. Over the recent decades, society has innocently begun to adapt to the “princess” stereotype that is portrayed by corporations through constant advertising and marketing of these products. Through constant recreation of Cinderella, Major businesses’ profit off of the modern obsession and the ever growing “princess” cringe within adolescents by simply taking the perceived character in a film, for example Brave 2012, and advertise them as princesses. Orenstein expresses a similar argument within her article oppressing the thorough topic that takes from adolescent girls; “the well-being, individuality and the feministic values” that are antagonized by this growing obsession within modern society around the globe. (Orenstein 2012) What if such products that flourish through the exposure of Hollywood films were reduced, or what if adolescent girls were limited to a certain manner of exposure to such films and merchandise, perhaps society would sooner or later fall from this “princess” phase. However, all hopes of young individuals naturally constructing their own unique ambitions will be consumed this happy-ever-after era. If society...
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...characters. Merida from Brave was one of the first princesses that broke the ideal Disney princess image and concept. Merida wears absolutely no makeup, has red frizzy hair, and does not have the body of a normal princess. Merida does not care about her appearance, and she shows this by being a wild, ambitious women who chooses to rebel against the stereotypical principles of pure beauty (Saladino, 2014). This is huge creation by Disney to show how she challenges the stereotypical image of beauty; which gives children today motivation and courage whether they fit the ideal standards or not. For Elsa from Frozen, she has the typical princess qualities by having large blue eyes and a small waist, but when she leaves the kingdom her body appearance changes drastically. Her dress becomes more revealing, hair is worn down and messy, and her makeup is applied more heavily (Law, 2014). This shows that girls can let loose, be confident, and find themselves in whatever way possible. These physical representations of these new created princesses have been changed, but Disney still has yet to completely alter the beauty standards. Not only has the body images of these new princesses changed, but so has the gender roles as well. In the Disney/Pixar productions of Brave and Frozen, one can see how there is more independence and empowerment of women/princesses. Merida is strong and insists on controlling her own destiny by fighting the society’s set up standards (Saladino, 2014). Merida portrays...
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...Disney’s Portrayal of Women and Simplification of Morals For most people, the first image that comes to mind when the subject of Walt Disney’s animated movies comes up is the studio’s popular princesses. Ever since Snow White made her debut in 1937, Disney has cornered the market on princesses. One primary topic that critics have discussed in Disney’s films is the way princesses are portrayed. The roles of the female characters are especially drawing the interest of academic critics. Jack Zipes, author of Breaking the Disney Spell, believes that the Disney princesses have regressed. On the other hand, Libe Zarranz, author of Diswomen Strike Back? The Evolution of Disney’s Femmes in the 1990s, and Rebecca Do Rozario, author of The Princess and the Magic Kingdom: Beyond Nostalgia, The Function of the Disney Princess, believe that the Disney princess has progressed. Another aspect of Disney’s movies that catches the eyes of critics is the moral simplification in the films. They believe that the morals from the original fairy tales are being manipulated and simplified in the Disney films. A. Waller Hastings, author of Moral Simplification in Disney’s The Little Mermaid, and Finn Mortensen, author of The Little Mermaid: Icon and Disneyfication, both agree that Disney’s simplification of morals is giving viewers the wrong depiction of life. Disney’s portrayal of women and simplification of morals are giving viewers the wrong impression of life and women. Many critics call the process...
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