CITIC TOWER II: THE REAL OPTION CASE STUDY SUMMARY Scenario * Undeveloped prime waterfront property on Victoria Harbor was bought 6 months ago at public auction * Owner now wants to sell the land and is available to Citic Pacific Limited on a first-choice basis through an intermediary * Larry Yung (Chairman) thought they could acquire the site and turn it into another Grade-A office building “Citic Tower II” * Asking price of the land was $1 billion * Net present value of property
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Twin Studies A twin is one of two children produced in the same pregnancy. Twins can either be identical (monozygotic) which means that they develop from one zygote that splits and forms two embryos‚ or they can be fraternal (dizygotic) which means that they develop from two separate eggs that are fertilized by two different sperms. Identical twins do have the same DNA‚ but they can be expressed in a different way. The environment the twins are exposed to determines the fine physical characteristics
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The condition that causes conjoined twins is very rare‚ but has a powerful impact. The surgery process is long and overwhelming. When performing surgery‚ there can be a team of up to 50 surgeons. Babies get conjoined when a single fertilized ovum has divided imperfectly. In some cases twins make it out alive‚ but in others they die before they have a chance to get surgery. When having conjoined twins so much can go wrong with their body. In this case a set of twins from Soin die of multiple organ failure
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Icon of the Eiffel Tower The Eiffel Tower is one of the most attracted architectural icons in the world. This structure was not meant to be permanent‚ in fact it was only intended to be a temporary exhibit. The tower was built with exquisite arch features made out of iron that was admired for its pleasing symmetry. The statistics behind the Eiffel tower are intriguing. The Eiffel Tower achieved the historical record for being the world’s tallest building up until 1931. The Tower was also used as a
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DESIGN OF THE EIFFEL TOWER General purpose: To inform Specific Purpose: To inform my audience about the considerations in the Eiffel Tower design. Central Idea/ Thesis Statement: The considerations in Eiffel tower design divided into three elements that are material‚ wind considerations‚ and artistic considerations. Introduction Attention gather:“Being the most striking manifestation of the art of metal structures by which our engineers have shown in Europe‚ it is one of the most remarkable
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Construction of The Eiffel Tower Introduction The Eiffel Tower is a freestanding framework tower (lattice tower) located on the Champ de Mars in Paris‚ France. It was named after it’s Chief Designer/Engineer Alexandre Gustave Eiffel and is the most-visited paid monument in the world with several millions ascending each year. Why was the tower built? The plan to build a tower 300 meters high was conceived as part of preparations for the World Exhibition Fair‚ which would be held in 1889
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that being a twin is the best thing in my life‚ when in reality‚ it is one of the worst. First of all‚ people ask questions. Strangers will walk up to Emily and I and ask us if we are twins. Second‚ I share many things with my sister. Thirdly‚ I am a literal freak of nature. When people see anything out of normal‚ they tend to ask questions. Emily and I have had strangers walk up to us and ask us if we are twins. We have been shopping and the cashiers have asked us if we are twins. A girl at music
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The Tower of London There are many famous historic places in the world‚ and there are especially many historic places in England. The city of London‚ England‚ is a city of history dating back to the Roman Empire. London has famous cathedrals‚ castles‚ squares‚ and other sites of historical significance. One of the oldest‚ and the most famous‚ castle in London is the Tower of London. The Tower has stood for 907 years as a symbol of power of the English monarchy (Fletcher Internet). The Tower
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The Tower of London: A Landmark Alive With History The Tower of London is one of the most famous and visited historic monuments in the world. For some people it conjures up images of Norman architecture and towering battlements‚ but most associate it with arms and armour‚ ravens‚ the Crown Jewels‚ Yeoman Warders‚ imprisonment‚ death and ghostly apparitions. But this does not do it justice: the history of the Tower and its buildings is a vast‚ fascinating and complex subject‚ intertwined with
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The Eiffel Tower (French: La Tour Eiffel‚ [tuʁ ɛfɛl]) is an iron[10] lattice tower located on the Champ de Mars in Paris‚ named after the engineer Gustave Eiffel‚ whose company designed and built the tower. Erected in 1889 as the entrance arch to the 1889 World’s Fair‚ it has become both a global cultural icon of France and one of the most recognizable structures in the world. The tower is the tallest structure in Paris[11] and the most-visited paid monument in the world; 7.1 million people ascended
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