Thursday, February 20, 2020

Response and Analysis Essay Example | Topics and Well Written Essays - 250 words - 2

Response and Analysis - Essay Example The Capitol treats its citizens as slaves totally belonging to the machine of power, and in such circumstances human life is worth absolutely nothing. People can vanish, they can literally die on the TV screen and again nobody will be concerned. Totalitarian regimes are obsessed with the idea of possible revolution and overthrow that is why the Capitol aims to ensure its power by reminding people their place and their worth: â€Å"Taking the kids from our districts, forcing them to kill one another while we watch – this is the Capitol’s way of reminding us how totally we are at their mercy. How little chance we would stand of surviving another rebellion. Whatever words they use, the real message is clear. â€Å"Look how we take your children and sacrifice them and there’s nothing you can do. If you lift a finger, we will destroy every last one of you. Just as we did in District Thirteen.† (Collins) As I already mentioned, the primary aim of the Capitol is to constantly remind people that their lives are worth nothing for the authority and that they can â€Å"disappear† anytime. And creating Hunger Games is very effective tool in imposing fear, but broadcasting them on TV has more serious meaning. By doing this the Capitol shows people`s their own worst instinctive qualities - violence and lust for blood. And so it turns out that on the one hand citizens are scared to become victims of the Capitol`s power but on the other, when they manage to save their lives, they become animals in their desire to see someone else`s glamorized death on the screen. So literally they join the Capitol in its obsession with violence becoming decent representatives of regime. There is no possibility to tell what is real on the TV show and what is fake, even such things as love and friendship: â€Å"It’s messing with my mind too much, trying to keep straight when we’re supposedly friends and when we’re

Wednesday, February 5, 2020

Corporate Finance FE Essay Example | Topics and Well Written Essays - 1250 words

Corporate Finance FE - Essay Example It is of note that only the long-term operating assets are incorporated in the calculation for the NOWC but not the short-term investments to be considered as the operating working capital because these short term investments are assumed to be interest bearing securities that to an extent do not directly finance or result from the operations of the Widget Corporation. 2. Seven years ago ABC Inc. issued a series of $1,000 bonds (i.e. Par = $1,000) @ 10% compounded semiannually for a term of 30 years. Additionally, the bonds are callable with a call premium of two coupon payments. Today, the market rate is 10% and each single bond is trading for $844.76. If ABC Inc. wants to raise new debt today, what would be ABC’s marginal cost of debt? Assume no significant change in ABC’s bond rating. Supposing there is no substantial alteration in the ABC’s bond rating means that today’s market bond rate is the same as market rate at the issuance time of the bond, thus the bond trades at par value ($ 1,000). The rate 12% calculated shows the market rate of the bond at present. Remember the present bond value is $ 844.76. The 12% rate represents the Yield To Maturity and therefore is a good estimation figure for the marginal cost of debt. 3. Considering Stand Alone Risk and the calculation of the Coefficient of Variation (CV), you are to develop a series of at least five historical returns for a financial asset and from these returns you are to calculate the CV for this financial asset. 4. You are bearing in mind making an investment in form of a project. The initial cost (I0) equals $1,200. In return for this initial outlay, you will own the rights to three future cash flows: CF1 = $300, CF2 = $400, and CF3 = $500. First, if the appropriate discount rate for this investment is 12%, what is the NPV for this project? Second, what discount rate would