CHAPTER 6 Making Investment Decisions with the Net Present Value Rule Answers to Problem Sets 1. a‚ b‚ d‚ g‚ h; c is a sunk cost. e is an overhead cost. f is not an incremental cash flow because depreciation is not a cash flow. i is a sunk cost. Est. Time: 01 - 05 2. Real cash flow = 100‚000/1.04 = $96‚154. The real discount rate is calculated as 1 + nominal rate / 1+ inflation rate − 1. Therefore‚ 1.08/1.04 − 1 = .03846. PV = [pic] Est
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dealing with foreign policy. The founding fathers intended the president not to initiate war but be a commander in chief and could only respond to an attack. They intended Congress to be proactive and initiate military action and that the president is reactive and supervises military action. An imperial president would misuse‚ abuse and ignore these powers. An imperiled presidency is virtually the opposite and is a term used when the president cannot act effectively due to continuous conflict with Congress
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Complete name Jose Paciano Garcia Laurel *known as Jose P. Laurel born on March 9‚ 1891 at Tanauan‚ Batangas die on November 6‚ 1959 due to heart attack and stroke became president on October 14‚ 1943 thru election ended his term on August 17‚ 1945 because he issued an Executive proclamation which declared the dissolution of his regime. *greatest contribution/achievements founded Lyceum of the Philippines University-Manila Controversies/Issues during Term -cooperated with the Japanese
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National Government-1M December 6‚2010 The president is the foreign policy leader for the United States with an important political‚ military and economic role in the international arena. If there is collision between the president and congress‚ can congress restrain the president in foreign policy making? The era of globalization has witnessed the growing influence of a number of unconventional
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Presidents of the Philippines PRESIDENT YEAR LEGACY FAMOUS TAGLINE Emilio Famy Aguinaldo January 23‚ 1899[ March 23‚ 1901[L 2] “this country will be great again” Manuel Luis Molina Quezon November 15‚ 1935 August 1‚ 1944[L 5] "Pro Patria et Jure: For Country and Law" Jose Paciano Garcia Laurel October 14‚ 1943 August 17‚ 1945[L 6] Sergio Suico Osmeña August 1‚ 1944 May 28‚ 1946 “immediate independence” Manuel Acuña Roxas May 28‚ 1946 - April 15‚ 1948 "Our noble aspirations for nationhood
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and the President The framers of the U.S. Constitution created a presidency that must win cooperation from Congress to get the work of government done. Lawmaking and policy-making powers are divided‚ and the politics of shared power has often been stormy. In general‚ however‚ Congress and presidents somehow find ways to collaborate and solve problems. The relationship between a president and Congress is the most important one in the American political system‚ and while presidents spend great
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Modern Latin America Mr. President? The responsibility of the American President is endless. Their decisions can change certainly not only their nation but also that of the entire world. The United States being an international powerhouse‚ its policies will have a shockwave effects throughout the rest of the World. I am the President of the United States. The choices I make cannot be taken lightly and I will do everything in my power to ensure I make the best decision possible
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President Term Platform Issues Manuel Roxas May 28‚ 1946 – April 15‚ 1948 2nd President of the Senate of the Philippines (1945-1946) Senator (1945-1946) Secretary of Finance (Aug. 21. 1941 – Dec. 29‚ 1941) 2nd Speaker of the Philippine House of Representatives (1992-1933) Member: Philippine House of Representatives (Capiz/Roxas City) (1921-1938) Governor of Capiz (1919-1921) Bell Trade Act – 800M$ rehabilitation money from US Philippine Rehabilitation Act Treaty of General Relations
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Barack Obama The President The White House Dear Mr. President‚ I am in an understanding that you are in support of making the already long school years even longer. I see some of the points that the people of the United States have come up with but to be fair‚ the school years are already fairly long and stressful for the students. Being a student at the time being‚ I can speak for many students and say that the school year is long enough. We go to school nine out of the twelve months of every
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Dear President Obama Mr President‚ I do not feel things are going as planned‚ I feel our economy is in a downhill spiral and has no outlook for success what so ever. In this letter I would like to address a few things such as: rising oil prices‚ Foreign aid and illegal immigration. Gas prices are currently so high they cripple the average citizen from holding value in many aspects of life‚ the biggest one being travel‚ everything requires travel‚ to visit family‚ to go on vacation‚ to get to work
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