common factors. While several macroeconomic variables do have some relationship with different risky assets‚ the APT postulates that the pricing of risky assets depends only on the set of variables whose influence is felt significantly by all risky assets together. This set of variables is known as the common factors of the APT.” (Otuteye 1998) An arbitrage pricing theory is basically a theory that is copied from an issue model‚ using alteration or expansion and arbitrage arguments. This theory explains
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Analyst‚ Jeffrey Bruner‚ uses the Capital Asset Pricing Model (CAPM) to help identify mispriced securities. However‚ a consultant suggests Bruner to use Arbitrage Pricing Theory (APT) instead. As the following‚ it will mention the role of CAPM in the modern portfolio management; to clarify the APT faction and explain the reasons why should Bruner use APT to help identify mispriced securities. In modern portfolio management‚ the role of Capital Asset Pricing Model (CAPM) is a model that attempts to describe
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Examination is a very wide word‚ which is used in all spheres of life. We have exams everywhere around the world. Youngs and adults can have exams‚ there is not a particular age to have exams. However‚ some do not agree that exams are important. Examination is a word that most students are fear of. A word that has a power to change a happy person into a frustrated and nervous one. However‚ it is a big part of the school that all students have to go through. For some students‚ they think that exams
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largest chemical company. It is structured into 3 groups‚ namely‚ basic petrochemicals‚ rubber‚ and diversified products. Rubber Group is the largest of the three operating units of Polysar Limited. The primary users of its products‚ such as butyl and halobutyl‚ are manufacturers of automobile tires; other users are from various industries. In 1986‚ Rubber group contributed 0.8 billion which is 46 percent of the company annual sale. The operation of the group is divided into four divisions‚ NASA (North
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Chapter 1 INTRODUCTION An organization is a social unit of people‚ systematically arranged or managed to meet the needs or to pursue collective goals on a continuous basis. A sound organization can contribute greatly to the continuity and success of the enterprise. All organizations have a management structure that determines the relationship between functions and positions. Without proper care of higher‚ middle and lower levels of administration‚ it would be practically impossible for any management
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Project Report on ONLINE EXAMINATION SYSTEM for Bachelor of Computer Applications by Pratyay Modi (70) Parin Kiri (58) Mayur Parmar (84) Guide Mr. Dhaval Jha Ahmedabad-380015 ACKNOWLEDGEMENT It was very exciting for us to work on the project of ONLINE EXAMINATION SYSTEM. During this work we have gained both practical as well as theoretical knowledge of great significance. We are greatly thankful to all faculty members of college to guide us through this work. We are greatly obliged
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Sir Richard Branson‚ Chairman‚ Virgin Group‚ Ltd. Case Study Sir Richard Branson‚ Chairman‚ Virgin Group‚ Ltd. Case Study By: Katrina Robinson Bus520 Leadership and Organizational Dr. Leonardo Serrano Sir Richard Branson‚ Chairman‚ Virgin Group‚ Ltd. Case Study Outline the Leadership Style of Branson and its effectiveness to the U.S today Richard Branson and Effective Leadership Incorporation of Branson’s Leadership at School or Work. The Leadership Style of Branson and its effectiveness
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The supermarket industry has been considered one of the most prosperous industries for Woolworths. Woolworths is operating in several different industries. In 2007‚ examples of the major brands operating under Woolworths Limited included Woolworths/Safeway supermarkets‚ Dick Smith Electronics and Dan Murphy’s. The supermarket industry consists of very few major players‚ which is kind of an oligopoly market type. In this industry‚ businesses retail a large range of products‚ especially focusing in
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Indonesia Indonesia is a vast archipelago with a population of around 240 million‚ and has‚ over the years‚ experienced significant growth. Local partners were essential to manage the appropriate connections in a country that was rapidly developing but which still suffered from weak infrastructure‚ law enforcement‚ and rampant corruption‚ making every aspect of operations‚ including obtaining permits‚ buying land‚ hiring personnel‚ procuring inputs and distributing products‚ a challenge
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In my social psychology class‚ there was a recent examination given to the class. It was the mid-term examination. For the mid-term examination‚ the class was instructed to read chapter’s 1-6 in the text book. The class was also instructed to study for the exam by reviewing the lecture notes. In this paper I will focus on a few questions I answered incorrectly on my mid-term examination. The exam contained 48 multiple choice questions and two true/false questions. Out of this 50 questions total
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