107-051-1 MITSURU MISAWA OSG CORPORATION: HEDGING TRANSACTION EXPOSURE On Monday‚ April 24th 2006‚ the US dollar fell to a new three-month low against the yen of ¥114.30/$ in Tokyo’s foreign exchange market‚ the lowest rate since January 16th 2006. This was a reflection of trading in New York three days earlier‚ on Friday‚ where the dollar had fallen more than 1.75% against the yen. The depreciation of the dollar against the yen was a direct result of a meeting of the G7 in Washington D.C. on April
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EXECUTIVE SUMMARY This case shows us that apart from transaction‚ translation and economic exposure to currency risk‚ firms also have the very real strategic impact on their competitive position from competitive exposure. Apart from GM’s exposure to the yen which is reflected in their financial statements‚ their competitive position vis-à-vis Japanese manufacturers is affected by a potentially declining yen. This is because a declining yen reduces the Japanese manufacturers’ $ cost‚ enabling
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There are many studies which have shown the association between cataract and UV radiation exposure. Cataract and Age related macular degeneration are the causes for blinding disorder and studies have shown its association with UV Exposure. Wavelengths at 300 nm with energy of 0.5 to 12.6 J/cm2. Photoretinitis is caused by wavelengths of 320 to 400 nm. Cataracts are shown to be formed from 0.5 to
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Auditing and Assurance Standards Board Exposure Draft December 2007 Comments are requested by April 30‚ 2008 Proposed International Standard on Auditing ISA 265‚ Communicating Deficiencies in Internal Control and Related Conforming Amendments to Other ISAs REQUEST FOR COMMENTS The International Auditing and Assurance Standards Board (IAASB)‚ an independent standardsetting body within the International Federation of Accountants (IFAC)‚ approved the exposure draft‚ proposed International Standard
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Exposure to lead has been proven to be a large public health concern. For the purposes of this paper‚ I am going to introduce what lead is‚ how people are exposed to lead‚ and the physiologic effects of lead exposure‚ focusing on acute lead toxicity‚ but more specifically‚ on chronic low level lead toxicity. The supplementation of 3 studies shows the relationship between lead exposure and one of these physiologic effects in children‚ specifically intelligence as measured by IQ scores. Lead is
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How young is too young for pornography viewing ? In an article by Jennifer B. Johnston‚ she explains the early exposure to pornography and thoroughly describes the indirect and direct effects on sexual satisfaction in adulthood. Her reason for this research was to identify when pornography viewing goes from beneficial to your sexual development that allows you engage in healthy‚ positive sexual activities to risky sexual behaviors‚ sexual dissatisfaction and compulsive pornography viewing. Firstly
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Exposure is a poem written by the one of the most famous poets of the World War 1‚ Wilfred Owen. The poem illustrates the conditions that the soldiers were exposed to while living in the trenches of the war zone. The poem is divided into two parts‚ with the first one being an introduction to the weather acting as more of the enemy to the British than the Germans were and comparing the war with the Germans less deadly than the war with the environmental conditions. In this essay‚ I will analyse how
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Criticism of selective exposure Although empirical evidence of selective exposure has been documented in countless studies conducted in a wide range of research area‚ there have also been plentiful reports of lack of evidence supporting the existence of selective exposure. For instance‚ in a study conducted by Feather (1962)‚ evidence of the effect of selective exposure on participants’ choices was not found. In specific‚ smokers and non-smoker participants did not display any significant preference
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world especially Australia is reviving the cases for the patients of Skin Caner ‚ Sun Burn and Tanning which is causes by the Sun. So from last the few years this is the one of the critical question that Should people avoid the sun to prevent skin cancer or seek sun exposure in order to have sufficient Vitamin D? To find out
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groups‚ an ergometer training group and a virtual reality group. For a total of 8 weeks‚ the VRG group trained using an Xbox. Kinect Sport and skiing were used to help patients with limb movement and balancing‚ as participants gained the ability to explore and increase their autonomy by their own initiative. The results
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