“Debt is the fatal disease of republics‚ the first thing and the mightiest to undermine governments and corrupt the people” Wendell Phillips‚ civil rights activist and lawyer (Phillips). There was only one time in U.S. history that the nation was debt free‚ one year beginning on January 8‚ 1834 under President Jackson. When President Jackson took office‚ the national debt was approximately 58 million USD (Smith). After six years in office‚ the nation’s debt was eliminated. On February 1‚ 2016‚ less
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What Would Life Be Like Without Music? Life without music would be as boring as a T.V. that only shows one color or a house that has only one room. In other words life without music would be dull. If there were a choice to have music in our lives and not have music in our lives I would definitely choose to have music in my life. I would choose to have music in my life for many reasons: to have something to enjoy whenever I want to‚ it can prepare me for anything‚ and I can turn it off whenever
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3/29/14 What I would like to change about my behavior I am a mature eighteen year old that knows what she wants and goes for it. I am ambitious‚ I am confident‚ and I most of all try keeping a smile on my face and try staying positive with things in life. The behavior that I would like to change in myself is the way I am with my parents at times. I feel like at times I’m aggressive with my tone of voice with my mom although she didn’t do anything to me and with my dad I feel like I show no
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were to be an animal‚ I would be an African Lion. The African Lion is an animal that describes my strengths and attributes perfectly and has characteristics that I would love to call my own. The African Lion has been called “the King of Beasts” for centuries‚ due to its majestic appearance and the fact that it is at the top of the food chain. I too would like the respect the African Lion receives and the title that it has been given. If I were an African Lion I would be able to bake in the African
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Borrowing Create Value? If so‚ for whom? If not‚ then why do so many executives concern themselves with leverage? It depends; Borrowing creates value if the company borrows at the optimal amount of debt or less. If the company borrows more than the optimal amount of debt‚ then borrowing will destroy value. Borrowing will increase value of the firm through the tax shield that borrowing brings. Thus‚ the increase value of the firm will increase the value of equity and create value to shareholders
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What Life Would Be Like If I woke up one day and I was in the early 1930’s living with 2 kids‚ a slave and a single father that was a lawyer‚ I think that it would not take me long to realize that the household would be hectic. During this era the great depression was happening which is not good for a single father. Even though he is a lawyer it would still be hard to make enough money during the great depression to feed 2 kids and a slave. Even though slaves don’t usually get fed much or fed as
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Vector Notation Convert the following vectors to Cartesian form; (2 marks each) 1. 13 m on a bearing of 165° 2. 120 km/h 20° West of North 1. X Y Using soh cah toa X= 13cos(165-90) X= 3.3646475863 X= 3.4m Y= 13sin(165-90) Y= 12.5570357419 Y= 12.6m therefore‚ cartesian vector is [3.4‚-12.6] 2. X Y X=
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Deena Shalab@16457 Reem Hani Arab @16185 CASE 4 An Introduction to Debt Policy and Value 1 (Table format and content from case) 0% debt/100% equity 25%debt/75% equity 50%debt/50% equity BV of debt 0 $2‚500 $5‚000 BV of equity $10‚000 $7‚500 $5‚000 MV of debt 0 $2‚500 $5‚000 MV of equity $10‚000 $8‚350 $6‚700 Pretax cost of debt 0.07 0.07 0.07 After-tax cost of debt 0.0462 0.0462 0.0462 Market Weight of Debt 0 0.23 0.43 Market Weight of Equity 1.0 0.77 0.57 Un-levered Beta 0.8
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The U.S. National Debt The national debt is the total amount of money the United States Treasury Department has borrowed and currently owes to the federal government’s creditors (Sylla). These creditors are mostly comprised of the public‚ including individuals‚ corporations‚ as well as state‚ local and foreign governments. They also consist of various government trust funds‚ such as Social Security and Medicare. Additionally‚ they include the Federal Reserve‚ mostly in the form of treasury
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The Big-O-Notation in Data structures Introduction:- The Big-O-Notation is done to test the efficiency of one algorithm or many algorithms of same code and the time duration it takes to run and to execute in the given input size or it can be also be defined as how algorithm or similar algorithms are execute more quickly in its worst case scenario or outcome. Example: A programmer would want to execute his program or algorithm at an instance or he would like to have the output of his
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