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Question: What is the significance of working with your hands? Is working with physical things superior to working mentally in God's eyes? Is physical work of a higher calling or more satisfying? Different cultures will answer these questions differently. In some of the former Soviet nations, only physical work was considered to provide an honest living. Buying low and selling high (merchandising) was not an honorable way to make a living. Even in the United States, trading shares of stock was considered a dishonorable profession until after the Great Depression and the creation of the SEC.
Read 1 Thessalonians 4:11-12. We are commanded to "work with your hands." Does it make a difference to God if we work with our hands or with our minds?
[1] "Easy but Sleazy," Bridget O'Brian, Wall Street Journal, Tuesday, May 28, 1996.
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
Simple Interest, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
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