Ogboni (also known as Osugbo in Ijèbú) is a fraternal institution indigenous to the Yoruba language-speaking polities of Nigeria‚ Republic of Bénin and Togo. The society performs a range of political and religious functions‚ including exercising a profound influence on regents and serving as high courts of jurisprudence in capital offenses. Influence [edit] Though versions or lodges of this fraternal group are found among the various types of Yoruba polities——from highly-centralized kingdoms
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What kids haven’t played with lasers? We have all loved the laser fights in movies like Star Wars. Who wouldn’t want wield a laser around while fighting an enemy. Did you know that the term laser came from an acronym meaning “light amplification by stimulated emission of radiation.”? It should actually be all capitalized but for simplicity it isn’t. The first working laser was actually demonstrated by Theodore Maiman at the Hughes Research Laboratories back in 1960. The strength of early lasers
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Haille Selassie “Haile Selassie was an emperor of Ethiopia whose influence as an African leader far surpassed the boundaries of his country. Although his popularity declined near the end of his sixty-year reign‚ Selassie remains a key figure in turning Ethiopia into a modern civilization.” In 1931 Selassie began to develop a written constitution (a system of basic laws of a country) to symbolize his interest in modernization and intention to increase the power of the African government‚ Haile
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Summary of “No Fail-Safe Option” In Eugene Robinson’s article‚ “No Fail-Safe Option‚” he addresses that nuclear power is beginning to look like a “bargain with the devil” (Robinson 226). Robinson‚ a journalist for The Washington Post‚ aims his article at the Chernobyl disaster and the unlikeliness of the Fukushima crisis ending with the same result. Even though Japanese engineers struggle to keep the catastrophe from escalating even higher‚ Robinson says we cannot ignore the fact that nuclear fission
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Problem 1.8. Suppose you own 5‚000 shares that are worth $25 each. How can put options be used to provide you with insurance against a decline in the value of your holding over the next four months? You should buy 50 put option contracts (each on 100 shares) with a strike price of $25 and an expiration date in four months. If at the end of four months the stock price proves to be less than $25‚ you can exercise the options and sell the shares for $25 each. Problem 1.9. A stock when it is first issued
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Serial killers do not come about in one definitive way. Instead‚ there are a plethora of reasons why someone engages in serial murder. These reasons range from nature to nurture. Serial murderers become killers due to biological standpoints as well as to the way in which an individual was raised and how it impacted them; frequently‚ nature and nurture work together. Literature Review Categorizing Approximately two-thirds of serial murderers are diagnosed "as suffering from Personality Disorder
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4.3 Analysis of Legal Options The options presented in this section are potential avenues for implementing EOI (OECD‚ 2006). Even though‚ the OECD proposed these methods for EOI between tax jurisdictions‚ they offer guidance for EOI between a tax agency and local partner MDALs. Each of these options has benefits and downsides. Method Description Applicability Direct Access A fast data access mechanism between EOI partner agencies. There is the risk of information exposure to malicious parties hence
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24 March 2014 Childhood Fantasies Fulfilled: Alice’s and Marlow’s Journeys into Wonder and Darkness At some point or other‚ every human being must embark upon the “journey” from a state of innocence to one of experience. The effective loss of such innocence in favor of the awareness of one’s own mortality‚ as well as the darkness and malevolence of the surrounding world‚ is an inherent aspect of the human condition. Such a transformation often occurs with the onset of adolescence‚ as one matures
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forward price is $50 and taking a long position in a call option with a strike price of $50? In the first case the trader is obligated to buy the asset for $50. (The trader does not have a choice.) In the second case the trader has an option to buy the asset for $50. (The trader does not have to exercise the option.) Problem 1.4. Explain carefully the difference between selling a call option and buying a put option. Selling a call option involves giving someone else the right to buy an asset
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Applications of option pricing in corporate finance Option pricing is used in four major areas of corporate finance: • Real Options Suppose a company has a 1-year proprietary license to develop a software application for use in a new generation of wireless cellular telephones. Hiring programmers and marketing consultants to complete the project will cost $30 million. The good news is that if consumers love the new cell phones‚ there will be a tremendous demand for the software. The bad news
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