Thursday, February 13, 2020

Strategic and Financial Decision-making Assignment 2 - 2010 Coursework

Strategic and Financial Decision-making Assignment 2 - 2010 - Coursework Example The ‘beta’ is the most important statistics tool to measure the volatility and the Capital Asset Pricing Model (CAPM) is a popular model to calculate the return on stock. In this report the beta values of two companies will be calculated using the share prices of the last 24 months. These two companies are British American Tobacco (BATS) and the Petrofac (PFC.L) and both of them are listed in the London Stock Exchange (LSE). British American Tobacco is one of the leading tobacco companies in UK. British American Tobacco produces cigarettes under different brands and has different price range. â€Å"Petrofac is an international provider of facilities solutions to the oil & gas production and processing industries† (Petrofac, 2010). The beta values of both the companies will be calculated using different methodologies that include covariance of the stock return with market returns and the variance of the market returns and the linear regression analysis. For calculating the betas, the monthly stock prices of both the companies were obtained and for market return the index FTSE 100 has been used. All these are the secondary source of data obtained through online sources. The historical stock prices of the both the companies are obtained through ‘Yahoo Finance’ and the historical data of FTSE 100 is also taken from the same online source (Yahoo Finance. 2010). The calculated beta values have been compared with the beta values from the published source. The published source for betas has been taken from the online source, MSN-Money (MSN-Money, U.K. 2010.). The published betas of British American Tobacco and Petrofac are 0.47 and 1.06 respectively. The two methodologies for beta calculation have been used. The first methodology will use the covariance of stock return with market return and the variance of the market return. The following model explains the beta (ÃŽ ²) under the same method. The calculation has

Saturday, February 1, 2020

The Gay and Lesbian Movement Research Paper Example | Topics and Well Written Essays - 1750 words

The Gay and Lesbian Movement - Research Paper Example According to the research findings, it can, therefore, be said that politically, the gays and lesbians have been given a chance to lead other groups of people as they have been elected in some of the elections were carried out in the United States. These people have been elected as state legislators and as congressmen, and thus they have been able to get into high positions in the country. There are also communities which help in ensuring that the gays and lesbians needs are met. There has also been an establishment of businesses that helps in the making sure that the needs of these people are met and they live well and satisfied. The gays and lesbians have made a mainstream on the media such as television, in the music industry, and have also appeared in films which every other member of the society watches (Rimmerman 2). However, society does not consider gays and lesbians to be vital, and some of the public issues which the society may need to address are not addressed by the peop le who are in this movement. For example, the gays and lesbians are not allowed to carry out some activities such as adopting children, teaching in the public schools, and also taking care of foster children and serving in the public arena such as in the armed forces and as guards. During the early times, the gays and lesbians believed that they would progress if only they involved themselves in the media and had a connection with the public. Therefore, they would protest and fight for their rights and involved in political activities in order to ensure that they get attention from the other members of the public, and thus they believed they would get to progress in all their undertakings as the movement was being established. They did all that they did in order to ensure that they no longer hid from the public, and nether would they be afraid of getting to the public with their status. They would not live in silence any longer and thus would ensure that they have become visible and everyone else knows of their existence (Rimmerman 84). The issue of gay and lesbian movement has been controversial to the social life of the community. This means that there are factors which have to be considered in ensuring that the message of the existence of the movement is received well by the social community. Conflicts exist between the rights of the Christians and the rights of the gays and lesbians (Rimmerman 122). The Christian community in the United States is said to be composed of people who are anti-gay, and thus the two movements cannot come together either socially nor politically to bring out a notion of power. Differences between gay and lesbian, on one hand, and queer, on the other Gays and Lesbians are those people who are sexually attracted to people of the same sex. This means that a man may be sexually attracted to another man or a woman may be sexually attracted to another woman. On the other hand, the word queer explains an individual who is attracted to a nother individual of the same sex, but it does not have to be sexual attraction. Queers can be bisexual meaning that they are not content with the type of relationship that they involve themselves in.Â