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1. In 1963, Martin Luther King gave his famous I Have a Dream speech in front of the Lincoln Memorial in Washington, DC. This speech can be found at: https://www.americanrhetoric.com/speeches/mlkihaveadream.htmWhat dreams do you think Martin Luther King had for his community? Do you think Martin Luther King's dreams were similar or different from Langston Hughes's dreams? What dreams do you have for your community? Are your dreams similar or different from those of Langston Hughes or Martin Luther King? Why? Can dreams become reality? How? Can artists play a role in making dreams into reality?
2. Do you agree with King's belief that you need to create tension in order to have reform come about? Why or why not?
3. Do you agree with King's distinction between just and unjust laws? Why or why not?
Antonio's is analyzing a project with an initial cost of $44,000 and cash inflows of $26,000 a year for 2 years. This project is an extension of the firm's current operations and thus is equally as risky as the current firm. The firm uses only debt a..
You have graduated, and are on the staff of the Assistant Treasurer of company CKS. (You are an assistant to the Assistant Treasurer.) Your boss, the Assistant Treasurer, recently attended a conference at which he heard that swaptions could be used t..
Discuss capital rationing and soft rationing and what are some of the important points to remember while estimating the cash flows of a project?
Stephenson Real Estate Company was founded 25 years ago by the current CEO, Robert Stephenson. The company purchases real estate, including land and buildings, and rents the property to tenants. Explain. Construct Stephenson’s market value balance sh..
A clearly demarcated chain of command contains different stratification levels. This concept is evident in a ________. A: Conferred membership status B: Status HIerarchy C: Position level D: Role Status
Suppose the rate of return on a 10-year T-bond is currently 5.00% and that on a 10-year Treasury Inflation Protected Security (TIP) is 2.10%. Suppose further that the maturity risk premium on a 10-year T-bond is 0.9%, that no maturity risk premium is..
When calculating WACC and applying the results to both unlevered (no debt) and levered (debt) firms, the levered firm is shown to be more valuable. Two identical firms and the firm with debt is more highly valued. Does this make sense? Why or Why not..
Assume that the current spot rate is $1.0850/€ and the 3-month forward rate is $1.1100/€. Do all calculations for this problem for a three-month period, and you do not have to annualize. Does the foreign exchange market expect the Euro to appreciate ..
One of your corporate clients has approached you about whether or not its employees are required to include certain benefits provided by the corporation in their income. In particular, the corporation has inquired whether the following benefits provi..
You need to borrow $5,000 for two years. Easy Finance Co. will loan you the money and you will pay back the finance company $6,250 in two years and the interest on the loan is compounded annually. You do not want to pay more than 10% annual interest...
What are some arguments in favor of and against mandatory auto insurance? Which would be your preference and why? What should be the main factors used to determine the amount a person pays for auto insurance? Consider such factors as driving record, ..
Let’s assume you want to retire with $1,000,000 in your investment portfolio. Given that your investment timeline is 35 years, the return on investment is going to average 8% and you plan to contribute a fixed amount every year for 35 years. What wil..
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