...How Life Can Change in a Matter of Seconds It was a cool fall October night and my family had just left church. I had not been feeling well and was not eating much at all. My husband was concerned so he suggested that we go somewhere for a late dinner. After great debate I decided tat the only thing I really wanted was broccoli and cheese soup from Ruby Tuesday’s. My daughter, Holly, was in ill sorts and was fussing about not wanting to go with us which was a very unusual characteristic for her. My aunt told us she would stay at our house with her while we went out to eat. After we had dinner we had to drive across town to pick up some Krispy Kreme doughnuts for my aunt because she was leaving for Gatlinburg, Tennessee with her grandchildren the next morning. We decided that since it was already 9:00 pm we would take the back way home which included riding on dark “country” roads. I was driving as my husband relaxed in the passenger side from over indulgence. We were almost home and we were driving on a curvy road. When we went around a curve it all of a sudden looked like a thousand fireflies were in front of us. I heard my husband exclaim “what in the world and then he screamed look out!” But it was too late because just as I realized it was a truck in our lane with no headlights on and the “fireflies” that I saw were actually the reflection of our lights on his grill we hit head on. I do not know how long it was before I came too from...
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...Dilshad V Email: dilshad6@gmail.com Mob: +91 999 58 63 844 Network Support & Resource Coordinator Cisco ID: CSCO12363028 CAREER To obtain a challenging position that explores my Technical skills to its maximum extent. To continually upgrade myself to the utmost levels of quality and expertise, thereby enabling the organization to achieve its target and growth. EDUCATIONAL QUALIFICATION MCA from Bharathiar University – On going Bachelor Degree in Computer Science from Calicut University Cisco Certified Network Associate Routing & Switching (Completed with 90+ Percent marks) Cisco Certified Network Associate Voice (Course Completed - Exam Pending) Cisco Certified Network Professional Voice (Course Completed - Exam Pending) Microsoft Certified MCITP (Course Completed - Exam Pending) DotNet (C#) EXPERIENCE Company : Pearson Education Services Pvt Ltd, Bangalore, India Designation : Period : Network Support & Resource Coordinator October 2012 to till date Company Profile: Pearson is a UK based international media company with world-leading businesses in education, business information and consumer publishing, having its operations at more than 60 countries Duties and Responsibilities Assists in the planning, design, documentation, and implementation of various systems to include desktop PC’s, servers, network equipment, and software applications. Trouble shooting the technical errors ...
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...CAPM essay In the second scenario BBBY would use its $400 million in excess cash and borrow the remaining funds until Question 2 a) We will need to calculate the debt-to GDP ratio for each year separately in order to compute the total accumulation. The following equations and variables are used in question a) ∆b=g-t+r-y* b g-t=2 i=3 π=1 r=i-π=3-1=2 y=1 b=0,9 (=90%) Year 1 ∆b=2+2-1* 0,9=2,9 byear 1=90+2,9=92,9 Year 2 ∆b=2+2-1* 0,929=2,929 byear 2=92,9+2,929=95,829 Year 3 ∆b=2+2-1* 0,95829=2,95829 byear 3=95,829+2,95829=98,78729 Year 4 ∆b=2+2-1* 0,9878729=2,9878729 byear 4=98,78729+2,9878729=101,7751629 Year 5 ∆b=2+2-1* 1,017751629=3,017751629 byear 5=101,7751629+3,017751629=104,792914529 Therefore, after 5 years the debt-to-GDP ratio will be equal to 104,8 % (rounded to one decimal) b) The debt is not sustainable. The criteria to test whether debt is sustainable is as follows: ∆b=g-t+r-y* b=0 Plotting in the known variables results in the following: ∆b=2+2-1* b=2+b= 0 Solving for b gives the following: b= -2 Therefore, the initial debt should be -200% (so surplus) in order to maintain a sustainable debt. c) If the nominal interest rate rises to 10%, it would imply that the real interest rate is as follows: r=i-π=10-π Therefore, we know that: ∆b=g-t+r-y* b=2+10-π-1*0,9=2+9-π*0,9 The criteria to maintain a sustainable debt is as follows: ∆b=0 This implies that ∆b= 2+9-π*0,9=0 Solving for inflation results in the...
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...guilty, yet helpless man. Doesn’t this sound familiar? Don’t our lives seem, sometimes, the result of a game of dice being played by someone/something bigger than ourselves, even bigger than life itself? Just the fact that we are who we are is nothing but a result of chance. This statement, beyond its recklessness appearance, has an explanation consisting of three moments of existences that are determined by the roulette. The first one goes back to before we’re born. Have you ever thought of how many billions of chances were there when your parents’ genetic material mixed to create you? I, for instance, could’ve been blond, tall and smart. Or short and dumb. Or anything. But, somehow, I turned out to be me, out of what appear to be infinite chances of who I could’ve been. And this process follows no logic or intervention from our part: is the work of randomness. The second moment, chronologically, involves our environment. Where we’re born, who our parents are, and the rest of conditions that welcome us to this world are the sort of aspects I include in this side of this pyramidal die. The third and final moment is composed of the things that are choices in our lives. This is also a consequence of luck because the construction of ourselves is the outcome of the decisions we make, which have a luck component. That...
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...content and the hum of the threshing machine sounding from the farm. "What did I come in here for? What did I want to find?" My hands were empty. "Perhaps its upstairs then?" The apples were in the loft. And so down again, the garden still as ever, only the book had slipped into the grass. But they had found it in the drawing room. Not that one could ever see them. The windowpanes reflected apples, reflected roses; all the leaves were green in the glass. If they moved in the drawing room, the apple only turned its yellow side. Yet, the moment after, if the door was opened, spread about the floor, hung upon the walls, pendant from the ceiling--what? My hands were empty. The shadow of a thrush crossed the carpet; from the deepest wells of silence the wood pigeon drew its bubble of sound. "Safe, safe, safe" the pulse of the house beat softly. "The treasure buried; the room . . ." the pulse stopped short. Oh, was that the buried treasure? A moment later the light had faded. Out in the garden then? But the trees spun darkness for a wandering beam of sun. So fine, so rare, coolly sunk beneath the...
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...I sat in a passenger seat of an old rental van with five of my closest friends, who just happen to be my band mates, staring off into the distance watching the lights fly by the window one by one. The view of the surrounding landscape turned suddenly into a completely unfamiliar area as if teleported to a new world. The unknown street names and buildings took over the area around us. Everything hit me all at once so unexpectedly, like the sound of a first lighting strike in the beginning of a storm. At that moment, nothing else mattered. This is finally happening. Andrew asked, “Do you think we will find a place to sleep every night?” Andrew was always the worried one of the bunch, but he played bass on stage he moved around like a madman. “3 weeks are a long time so probably not,” my vocalist Brandon chuckled out, “but I mean a majority of even the popular bands that go on a tour can not find a place to sleep every night so we can always just crash out in a Wal-Mart parking lot.” From my viewpoint, I could see my band member’s faces in the reflection of the rear view mirror as they all spoke about what they wanted to do at the upcoming shows; their eyes getting bigger than the cities we headed to in excitement. I still just sat there; having this profound realization in my mind while a smile slowly sprouted across my face. Over the course of 4 years, I spent more time alone in my room, sitting in an old desk chair wrapped up in duct tape to keep it from falling apart...
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...A Good Man is Hard to Find. The grandmother focuses of showing that she cares nothing about the family by concerning herself with her hat. She builds a setting in her head that if she dies she will look like a lady without any concern for her family's well being. This idea that her hat, which makes her look like a lady in her mind, is more important than her family shows selfishness. Her mistaken ethics are aware from the beginning as the hat is the symbol for this negligence to her family. When they did indeed have a car wreck the grandmother was curled up under the dashboard with her hat still attached to her head. The hat represents that goal of still being a lady no matter the cost. While her grand children are in shock and shaking she is complaining that she thinks she has a hurt organ. The symbol of the brim of her hat smashed as she says “But nobody’s killed” in a frustrated tone shows her reluctance to give up that she was wrong. She will not give up this attempt at being a lady no matter what happens to her or grand children. As she confronts the Misfit her self assurance and idea that she is a lady slowly disintegrates away as she becomes more humble that she will most likely die. The symbolism of these disintegration is when her brim actually falls off of her hat and it realization that she is not a lady by any means. The symbolism of the hat to her concept of doing anything by any means necessary to be a considered a lady by everyone including herself is quite...
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...in front of hundreds of other people. My father helped me write my speech. Ironically I was going to talk about confidence building. When the date of speech came nearer I panicked and kept forgetting my lines. My teacher guided me to practice before a mirror, it helped but not enough to calm my nerves. After days of practicing before my parents and the mirror I was still not ready. My thoughts were focused upon how my voice would tremble and I would lose feeling in my legs. It was not till I was on stage and I started speaking that I paid attention to what I was saying. I had given the preparation my best effort and if my voice is going to tremble it did not matter anymore. With this thought in my I found my voice strengthen. This was a moment of revelation for me, I was realizing for the first time that I can do this. When I stopped avoiding looking at the audience I realized that I was not afraid anymore. I can give my best or worst performance and it will still be over either way, with this thought I gave it all my effort. The applause I got at the...
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...[Introduction - This template is an optional tool to help improve consistency across Evaluation Reports. When using this template, make sure all red text is deleted, and change all other text (headings, titles, body text, etc) to your content. The most important items to remember regarding graphics and formatting: 1. Apply USAID’s identity and branding according to the USAID Graphics Standards 2. Use USAID fonts (Gill Sans or Gill Sans MT (bold for headlines, subheads and highlighted text; regular or light for body text; italic for captions), or Garamond or Ariel if Gill Sans not available. 3. Use USAID colors: • Primary color palette o USAID Blue (RGB 0R 42G 108B) o USAID Red (RGB 194R 17G 58B) o Solid Black (RGB 0R 0G 0B) • Secondary color palette o Dark Gray (RGB 102R 102G 102B) o Light Gray (RGB 221R 221G 221B) o Light Blue (RGB 157R 191G 229B) FRONT COVER - As with all USAID publications, the front cover has the following elements: • Use USAID standard graphic identity/brand. Available for download from http://pdf.usaid.gov/pdf_docs/PNADB334.pdf • Place the USAID identity in the upper left area in a white field that is one or two horizontal bars in height (the cover should be divided into 9 equal horizontal bars). • If jointly funded and co-branded (with a partner or another donor’s brand), request lower-left placement for USAID’s brand, and all brands/identities should...
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...Making sense of . . . LogNormal stock-price models in Exams MFE/3 and C/4 James W. Daniel Austin Actuarial Seminars http://www.actuarialseminars.com June 26, 2008 c Copyright 2007 by James W. Daniel; reproduction in whole or in part without the express permission of the author is forbidden. Foreword This document briefly describes the ideas behind the use of LogNormal models for stock prices in some of the material for Exams MFE and C of the Society of Actuaries and Exams 3 and 4 of the Casualty Actuarial Society. Not a traditional exam-prep study manual, it concentrates on explaining key ideas so that you can then understand the details presented in the textbooks or study manuals. It can be especially useful to anyone taking Exam C/4 without having studied the material for Exam MFE/3. 2 Chapter 1 LogNormal stock-price models 1.1 Why LogNormal models? Why learn about and use LogNormal models for stock prices? I could answer “Because it’s on the exam syllabi” or “Why not?”, but that wouldn’t be helpful. Instead, I’ll take a little space to motivate this. Suppose that the price of a stock or other asset at time 0 is known to be S(0) and we want to model its future price S(10) at time 10—note that some texts use the notation S0 and S10 instead. Let’s break the time interval from 0 to 10 into 10,000 pieces of length 0.001, and let’s let Sk stand for S(0.001k), the price at time 0.001k. I know the price S0 = S(0) and want to model the price S10000 = S(10)....
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...Joana Marie O. Orlando BM-2 REASONS AND FUNCTION OF AUTHORITY | Obedience: we are treating the subject fearlessly even though today there is a bad press for whoever declares himself in favour of obedience and of respect for the values and virtues always considered basic to civil and spiritual life. Being free from any responsibility (which is always a cross) and from every concern for a position of power (which is always a temptation) may perhaps guarantee to a person the hope of not being misinterpreted if he attempts to express in current terms considerations which might seem—but really only seem—so out of date.If the modern age is characterized by the substitution of the principle of reason for the principle of authority, we know that in more recent years a kind of charismatic impulse has been on the increase; in every area of life, profane and religious, it takes the place of reason itself as the motive of action and is imposed in a much more decisive manner. Democracy is the daughter of reason and to it owes its definitive validity, even if it was conceived among the presumptions of the Enlightenment.The recent totalitarian regimes were linked to a will for power which in its wear and tear fashioned various ideologies as substitutes for the objective principles of the natural law, contested as it was by philosophical relativism and juridical positivism. The contestation is the expression of primordial impulses, at times defined in profane and lay circles, as charisms...
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...looked like he was ready to attack at any moment. As the quarterback began his cadence to snap the ball, I took one last deep breath, and focused all my attention towards one thing, the quarterback. I hear “BLUE 42, BLUE 42 down set, hut!” In that very moment the play that started it all began. I rushed the linemen in front of me aggressively using a swim move to get around him, clubbing my arm against his body and swiftly avoiding his block. The quarterback began to scramble in a panic as he could hear my footsteps approaching quickly. I reached out my arms in desperation hoping to record the massive sack…. and BAM… Before I knew it I was illegally blocked from behind while my right leg was planted on the turf. As I fell to the ground, I suddenly heard a massive pop in my knee as my body was twisted in the most awkward way possible. Once I had fully reacted to the unbearable pain, I belted out a deafening scream as the feeling in my leg went numb. While lying defencelessly on the turf all I could do is scream for help, I have never experienced so much pain in my entire life. The tears were streaming down my face, and my heart sank to the bottom of my stomach. Finally, after what felt like an eternity, the team doctor arrived to help relieve me of the excruciating pain. Unfortunately, there was nothing he could do, my knee had swollen up to the size of a softball, and I wasn't able to bend or straighten it what so ever. I knew at that very moment, my ACL was torn and I couldn't fully...
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...Tribute speech Although, I’m not the first born son or daughter; there is a unique bond shared between my father and I. Even though it has never been said, it’s just known that I am his favorite! I have always been told it is because I am the baby of the family: daddys little girl. But as he recalls, I was his good luck charm starting from the moment I was conceived. You see my father faced numerous hardships and struggled his way to get to where he is now. He was raised with 10 other siblings from one of the poorest towns in Pakistan. He would tell me how growing up, he would always aspire to come to America because back home that meant you would be somebody. And he did just that! In 1970, he finished his bachelors at the top of his class in Pakistan and from there he applied for a Student Visa to complete his masters in the US. He had begged his parents to pay for his plane ticket, promising them he would return double the amount as he reaches America; the land of opportunity. However as he set forth to explore his new home he quickly realized it wasn’t an easy ride to success. There were various obstacles he would have to overcome which the average American wouldn’t have to. He continues telling me how he came from a 3rd world country with literally $30 in his pocket, no family or friends near and his biggest disadvantage being the language barrier. Wanting to fulfill the promise he made to his parents, he set out on his journey. Juggling an education...
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...Week 1 homework chapter 1 1. we have: Cf= 55000, cv= 8, p= 21; v= 10 000 a. Total cost TC = cf + v*cv TC= 55000+ 10000*8 TC= $135000 Total revenue TR= v*p TR= 10000*21 TR=$ 21000 Profit Profit= TR-TC Profit= TR-TC P= 21000-135000 P= $ -114 000 b.Break even volume, V= cf/ (p- cv) V= 55000/ (21- 8) V= 4230.77 recap tires, 2. monthly break even volume V= cf/ (p- cv) We have Cf= 30000, cv= 0.16, p= 0.40 V= 30000/ (0.4- 0.16) V= 125000 units 3. If the new price is p= 0.60, Then the break even volume will decrease. We don’t need to sell as much units as before to break even. Proof: V= 30000/ (0.6- 0.16) V= 68181.81 units 4. If we increase advertising, that means CF increases, then the Break even volume will increase, because the cost of the production increased. Proof; V= 30000+ 14000/ (0.6- 0.16) V= 100000 units 5.we have Cf= 5600, cv= 0.35, p= ?; v= 2000 (note: Cf= 2500+3100; Cf= $5600) a.What price should be charged to break even? Break even means Profit = 0, then TR=TC Meaning V*P= cf+ V*cv, then P= (cf+ V*cv)/ V P= (5600+ 2000*0.35)/ 2000 P= $3.15 b. If during the season, there are less guest than expected, to break even, she needs to increase the prices. 6. we have Cf= 360000, cv= 12000, p= 17000; a. determine V , V= cf/ (p-...
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...Tutorial 6 Questions Question One What is a probability and how can we relate it to share returns? Question Two Define the terms expected value and standard deviation. In providing your answer, show how these terms relate to share prices. Question Three What do we mean when we say an investor is risk averse? Question Four You are given the following information about the possible returns from an investment: |Return (%) |Probability | |12% |0.15 | |10% |0.65 | |5% |0.20 | Given this information, calculate: 1. The expected return on the investment; 2. The variance of the return on the investment; 3. The standard deviation of the return on the investment; and, 4. The probability that the return on the investment is equal to or less than 8%. Question Five You are a market analyst and have identified 4 different market conditions together with the probability that these market conditions will occur. The information contained in the table below relates to the return on 3 shares under each market condition: |Market Condition |Probability...
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