The American economic JUNE 1958 Revlew NUMBER THREE VOLUME XLVIII THE COST OF CAPITAL, CORPORATION FINANCE AND THE THEORY OF INVESTMIENT By FRANCO MODIGLIAN1 AND MERTON H. MILLER* What is the "cost of capital" to a firm in a world in which funds are used to acquire assets whose yields are uncertain; and in which capital can be obtained by many different media, ranging from pure debt instruments, representing money-fixed claims, to pure equity issues, giving holders only the
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Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2012 or Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File No. 001-08439 LOJACK CORPORATION (Exact Name of Registrant as Specified in its Charter) Massachusetts (State or Other Jurisdiction of Incorporation or Organization) 04-2664794 (IRS Employer Identification No.) 40 Pequot Way Canton, Massachusetts (Address of Principal
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norms of universal application for the development of international economic relations on a just and equitable basis, 1.Takes note with appreciation of the report of the Working Group on the Charter of Economic Rights and Duties of States and of the comments made thereon as reflected in the report of the Trade and Development Board on its thirteenth session; 2.Decides, in the light of the progress achieved, to extend the mandate of the Working Group as established by resolution 45 (III) of the United
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determined? Decision: What is the ruling? Ratio decidendi: What are the reasons for the decision? What laws are applied? This can be applied to future cases (and exams). Law vs. Ethics Ethics are voluntary rules of behaviour; Designed to create conditions allowing people to live a good life; Laws are coercive rules on conduct; Imposed on society through the social contract; Origin of ethics Jeremy Benthem (18th century). Utilitarianism – political and social institutions (law) should be used to
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Auditing and Assurance Standards Board (AUASB) © Financial Reporting Council (UK) 2009. Portions of this publication have been adapted and reproduced from an Auditing Practices Board Bulletin: Going Concern Issues During the Current Economic Conditions (December 2008) with the kind permission of the Financial Reporting Council (UK). All rights reserved. For further information please visit www.frc.org.uk or telephone +44 (0)20 7492 2300. © Portions of this publication have been adapted and
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treatments can be realized through cloning stem cells. This is because these cells can be made to replicate specific human tissues. These cells offer the possibility of a renewable source of replacement cells and tissue to treat a myriad of diseases, conditions, and disabilities including Parkinson's and Alzheimer's diseases, spinal cord injury, stroke, burns, heart disease, diabetes, osteoarthritis and rheumatoid arthritis. There is almost no realm of medicine that might not be touched by this innovation
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considered the conditions in other parts of the world? You may think you are having a hard time, but when is the last time you were forced to work two or three days in a row? When was the last time you considered how lucky you are to be able to splurge on apair of expensive shoes? One thing you should be thinking about in this situation is where these expensive extras you have are actually coming from. Your clothes tend to be made, wrongly, by sweatshops owned by the huge corporations that you buy
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Module: Financial Management and Control Unit: Sources of Finance and Costing Concepts Lesson: Long-Term Sources of Finance © Resource Development International Ltd. (RDI) 2009 Long-Term Sources of Finance Introduction Page 1 of 7 Accounting is an essential function in any business - whether it is a sole trader or a multinational corporation. It involves two key concepts: Bookkeeping - where a detailed recording process is used to identify every financial transaction that takes place
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countries that account for 90% of under-five mortality worldwide. 82,000 Filipino children under five years old die every year. 37% of them are newborn. Majority of them (3/4) die within the first two days of life. Mostly due to stressful events or conditions during labor, delivery and immediate postpartum period. The current practice of handling newborns, like clamping and cutting the umbilical cord and washing the baby right after birth, have been known to actually contribute to the high incidence
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have lived in the Kakadu region continuously from around 50 000 years before the present; the earliest date that humans are believed to have arrived in Australia (Roberts and Jones 1994, Roberts et al 1990). Aboriginal people believe that they were placed in this land at the time of the first people by creation figures such as Non-indigenous people the Rainbow Serpent. Some figures,
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