For many years‚ by many nations The Whaling Industry has been commercially profitable businesses who kill many types of whales. In the 18th‚ 19th and 20th century whaling fleets set their voyages from Europe and North America; they sourced the whales for their oil‚ whalebone for corsets‚ ambergris for perfume and meat for villages. The Japanese Whaling history goes back as far as 10‚000 B.C. when whales were driven into nets and harpooned repeatedly‚ then they would dispatch with a long sword or
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Sea Mammal hunting is a major problem in the 21st century. The problem is most apparent in Japan. Japanese people are hunting sea mammals‚ and it is resulting in horrific effects on the sea mammal population. The organization Greenpeace has addressed this problem and they are educating people about this and trying to stop it in Japan. A major problem is sea mammal hunting in Japan. Japan recently killed 333 Minke whales‚ 103 males and 230 female. Most females were pregnant‚ and it was claimed
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Under the Endangered Species Act in the United States‚ species may be listed as "endangered" or "threatened". The Salt Creek tiger beetle (Cicindela nevadica lincolniana) is an example of an endangered subspecies protected under the ESA. The US Fish and Wildlife Service as well as the National Marine Fisheries Service are held responsible for classifying and protecting endangered species‚ and adding a particular species to the list can be a long‚ controversial process (Wilcove & Master‚ 2008‚ p.
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Whales are one of the most conserved mammals in the world due to their decline in number over the years as a result of constant whaling. Norway and Japan are notably the world’s biggest whalers. The International Whaling Commission have imposed a ban on whaling as a means to protect these special animals from extinction‚ but the ban only succeeded in causing an uproar among traditional whalers in both Japan and Norway. Both countries claim that whaling has been an age long tradition for their people
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1. Hole Foods Donuts‚ Ltd. has generated profits of $2 per share for many years and has consistently paid 100% of those profits to shareholders via a dividend. Investors do not expect Hole Foods Donuts to grow in the future. The company has 200‚000 shares of stock outstanding worth $20 per share. Suppose the firm decides to eliminate its dividend and instead use the money to repurchase shares. A. Assuming that there are no taxes and that the repurchase announcement conveys no new information to
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Week 2 problems Chapter 2 A1 (Present and future value) A. What is the future value of $2‚000 invested today if it earns 20% interest for one year? For two years? Rate 20% (1) -(2‚000)= $2‚400 one year Rate 20% (2) (-2‚000)= $2‚880 two years B. What is the present value of $2‚000 discounted at 20% if it is received in one year? In two years? Rate 20 % (1) (-2‚000)= 1‚666 discounted one year Rate 20% (2) (-2000)= $1‚388 discounted two years B4. (Present value) What is the
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P5–3 Risk preferences Sharon Smith‚ the financial manager for Barnett Corporation‚ wishes to evaluate three prospective investments: X‚ Y‚ and Z. Currently‚ the firm earns 12% on its investments‚ which have a risk index of 6%. The expected return and expected risk of the investments are as follows: Investment Expected return Expected risk index X 14% 7% Y 12 8 Z 10 9 a. If Sharon were risk-indifferent‚ which investments would she select? Explain why. If Sharon were risk-indifferent
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1 NPV—Mutually exclusive projects Hook Industries is considering the replacement of one of its old drill presses. Three alternative replacement presses are under consideration. The relevant cash flows associated with each are shown in the following table. The firm’s cost of capital is 15%. a. Calculate the net present value (NPV) of each press. b. Using NPV‚ evaluate the acceptability of each press. c. Rank the presses from best to worst using NPV. PERSONAL FINANCE PROBLEM P9–11 Long-term
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SOLUTIONS MANUAL CHAPTER 10 BEHAVIORAL FINANCE AND TECHNICAL ANALYSIS Answers to Text Discussion Questions 1. Discuss market bubbles and offer an opinion on why you think investors have trouble spotting bubbles. 10-1. Markets are not always rational and the herd instinct of following the crowds often causes investors and others to ignore the signs that point to a bubble. Bubbles catch professional investors as well as the novice. 2. Describe the three heuristics that investors use
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1. Select an organization of your choice and discuss the cash Management system in that organization. Give your Views or suggestions on the prevailing system of cash management in that organization and any suitable changes to be brought about‚ to improve the present system? Cash management is a set of strategies or techniques a company uses to collect‚ track and invest money. Although cash by definition refers only to paper or coin money‚ in cash management‚ companies usually also work with cash
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