1. Briefly explain why many corporations prefer to issue callable long-term corporate bonds rather than non-callable long-term bonds. There are three main reasons why a corporation may be interested in calling a bond. * Interest rates have fallen‚ so they can refinance at a lower rate. * Credit quality has improved‚ so they can refinance at a lower rate. * Assets have been sold‚ so money is available to pay off debt. If a bond issuer pays investors the going rate of 7% annually in interest‚ and
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research shows that eighty-five percent of students have cheated in high school; this drastic number exists due to the fact that students want to attend excellent colleges. The competitive high school environment has constant pressure to succeed; therefore‚ thus‚ many students depend on cheating in order to receive the grades that he or she desires. Because cheating has become an ordinary resolution for many students‚ more and more students do so every day‚ mimicking the action of their peers. Unfortunately
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In the minds of many Robert Nooks Composition I Formal Essay Abstract This essay is to education the minds of those who do not take the time to sit and actually play the games that our youth and mature adults play today. Not only is the games that we play today are a fun past time for the events that we do but these games are also very educational for real life situations that could take place within anybody ’s life. These educational games has helped many people survive tons of memory
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Why do we sleep? As we all know‚ one third of our life is spent to sleep‚ but very few people intend to lay bare the secret of that. There would be a question: why do we sleep? According to the video "The Function of Sleep"‚ Tyson states that people are not very clear about the purpose of sleep‚ but some researchers believe that sleep could enhance memory. MIT researcher Matthew Wilson also illustrates the thoughts of a rat can be read by implanted the electric wire into its brain. According to
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is unification so integral and important in the development of the earliest dynasty in China? Unification is important and integral in the development of the earliest dynasty because it could gain control over the rest of China and also to recover from the Mandate of Heaven. Also‚ they saw this as a reason for their empires to be more stable which means there are fewer wars to happen. They could also see this as a chance of becoming a prosperous nation when it comes to the economic side of the unification
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Advertisers do have a responsibility to society. We are live in a society surrounded by a variety of advertisements. The amount spent alone in advertisement by the top 10 companies in the U.S. cost up to billions of dollars per year. Advertisements can be both beneficial and harmful to viewers. Consumers collect information about a certain product or service through advertisement so advertisers have a responsibility to deliver truthful information to the public. However‚ advertisers frequently
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an evil action that is regarded by many as immoral or betrayal‚ research has found that a little lying can actually be good for you (Boser). Where did lying come from? If this action is regarded as such a negative‚ dishonest act then why do people lie in the first place? How and why do people initially learn how to
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As there is no writing in the Polynesian culture‚ the Polynesians used this art full of distinctive signs to express their identity and personality. Tattoos would indicate status in a hierarchy society: sexual maturity‚ genealogy and one’s rank within society. Nearly everyone in ancient Polynesian society was tattooed. Tattooing is a sacred ceremony in Polynesian culture. According to the culture of Maori‚ all high-ranking Māori were tattooed‚ and those who went without tattoos were seen as people
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Australian culture that includes various practices and ceremonies which are centered on dreamtime belief. The culture is characterized by the reverence for land and oral traditions. The views are considered to be based on both the ancient time of the creation and the present days of reality. Resultantly‚ there are many different groups each with their individual culture and language which have evolved over time. For instance‚ the rainbow serpent is the main ancestral being for many Aboriginal people
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Why do People Travel? With the development of society‚ the tourism industry has become one of the industries with the strongest momentum and largest scale in the world economy. As for China‚ it appears to be one of the mainstays of China’s future development and the first choice of relaxation to many people. Miscellaneous choices of travelling packages‚ such as luxury tour and expedition tour‚ indicate that the purposes of travelling differ among people. From my perspective‚ this ongoing trend
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