Qus4. What are the assumptions of MM approach? Ans. Assumption of the MM approach The MM approach to irrelevance of dividend is based on the following assumptions: * The capital markets are perfect and the investors behave rationally. * All information is freely available to all the investors. * There is no transaction cost. * Securities are divisible and can be split into any fraction. No investor can affect the market price. * There are no taxes and no flotation cost. * The firm
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customization and implementation. However after MaxFli’s implementation over three countries‚ mixed results were obtained‚ and implementation over three countries revealed strengths and weaknesses inherent to MaxFli’s approach. The strength of MaxFli’s strategy lies in BAT’s distributed approach of global development and local design. In line with this strategy‚ the systems development life cycle (SDLC) methodology was divided with BAT global headquarters (Globe House) spearheading a SDLC’s Definition
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Task 1: Psychodynamic approach P1 – Explain the principle psychological perspectives. M1 – Assess different psychological approaches to study. Sigmund Freud developed an approach which was the first psychological approach that elucidated behaviour. Freud discovered the psychoanalysis‚ which is a technique for curing mental illness and also a theory which explains human behaviour. Psychoanalysis is recognised as the talking cure. Normally‚ Freud would inspire his patients to talk freely (on
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A Fresh Approach towards Internalization: A Need of an Hour In India In Finance‚ cross-border transactions can be achieved at near-zero transactions costs using modern technology. In comparison‚ trade in goods has a more limited potential given the larger transportation costs. In Finance‚ there is a natural pressure for households to diversify their holdings internationally so as to achieve a free lunch of reduced risk. There is no comparable pressure in trade in goods which naturally encourages
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Introduction The lexical approach was invented by Michael Lewis in 1993. Over the years many different methods of language teaching had been developed. There is not a worst one or a better one; the educators choose which one will work better for them. In fact‚ knowing the basic or even the most complicated elements of a language teaching methods does not mean that we will be able to implement it in a classroom; there are important points that we have to take into consideration of our personality
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The story has made me have a deeply consideration in “The Suicide of Admiral Nimitz‚” on his believe to commit suicide. The ways I can fully explain this case is by placing myself in Nimitz’s perspective about suicide and the judgments individuals decide on when killing oneself. On the other hand‚ I strongly oppose to any suicidal situation because it is immoral to murder any human’s life. Additionally‚ I will further analyze this situation based on my personal moral believes. I am aware of Nimitz’s
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Leadership Approach Paper Ruben Vasquez University of Phoenix LDR/531 Organizational Leadership Week One Instructor: Robert Hepler January 4‚ 2012 Leadership Approach Paper Overview The trait model of leadership is based on the characteristics of many leaders - both successful and unsuccessful - and is used to predict leadership effectiveness. The resulting lists of traits are then compared to those of potential leaders to assess their likelihood
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February 13/14‚ 1945 and the USAAF bombed during the days of February 14th‚ 15th and March 2nd. The allies air forces used area bombing (bombing the target and surrounding area to ensure the target is destroyed) for the mission because the technology at that time did not allow for precision bombing. The bombing of Dresden was not justified. The allies reasoning behind the Bombing of Dresden revolved around the Russians. Churchill and Roosevelt had already decided that their current ally‚ Joseph Stalin
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BEHAVIORISM Fred Luthans‚ James B. Avey and Brett Luthans Definition Behaviorism is a theoretical foundation with roots in psychology with an intentional focus on observable‚ measurable behavior as the primary unit of analysis (Luthans‚ Youssef‚ & Luthans‚ 2005). Behaviorism systematically analyzes the relationships between an individual’s behavior and environmental contingencies. The study and practice of behaviorism emphasizes predicting and controlling/managing behavior and thus is especially
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The Allied strategic bombing of Germany was very significant in the context of the war but did not have a large effect in the long term. In this essay I will be looking at the considerable effects of bombing on the German people‚ the German economy and the Eastern front in the short term. I will also be looking at the lack of long term impact on these areas and on warfare. Bombing had a huge effect on the people of Germany during World War Two as it significantly affected a large number of people
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