Exam Paper Essay Example | Topics and Well Written Essays - 1250 words

Exam Paper - Essay Example semi-strong form of efficiency is a class of EMH which claims that all public information is calculated into a stock’s current price hence there is no way either fundamental or technical analysis is applicable to achieve superior gains. It claims only non-publicly available information can be used by investors to earn abnormal returns on their investments as all the other remaining information is accounted for in the prices of the stocks and no fundamental or technical analysis will result into above normal returns. Strong form efficiency is the strongest as the name suggests as it states all the information in a stock market irrespective of whether public or private. All such information is accounted for in the stock price and not even insider information could give an investor advantage hence profits exceeding normal returns cannot be made regardless of the amount of research or information available to the investors. If a company trades its shares in a stock market with a s emi-strong efficient market, the investors are likely to use the privately available information to make abnormal returns on their investment. Answer 2 The increase of the interest rates by the central bank results into loans from commercial banks being expensive as they also raise their interest rates to cover for the rise by the central bank. ... Therefore, one thing that has to happen is that the sales by Tintin will have to drastically reduce by a wide margin as the purchases of such goods by consumers will go down due to their escalated prices and a lack in their necessity. In addition, the long run is likely to see the bank adjusting their interest rates to accommodate the changes which results into an increase in the operation costs of Tintin due to increased rates of interest. The increased costs have an extended impact which translates into the reduced earnings of the firm, the economic situation at such times is volatile and the economic component which experiences this is the business people since they find it quite hard to balance between demand and supply. Answer 3 3. (a) There are a number of incomes which are not taxed or are not subjected to income tax. They include:- incomes realized by taxpayers to the extent of debts forgiven, payments from state sickness or disability funds, compensation received under the w orkers compensation act, interest earned from tax exempt municipal bonds, income from the sale of one’s primary residence whether it is sold on profit or at a loss. Others include:- incomes in form of life insurance money and non taxable gifts as a gift is exactly what it sounds like, fringe benefits from employers and child support funds as well as foster care payments. All these are not subject to income tax according to the law. 3. (b) Higher rate tax payers are subjected to a different tax rate brackets as compared to the lower rate tax payers. Therefore as the lower rate tax payers will be paying tax at 20%, the higher rate tax payers will pay the taxes at 40%. Therefore an investor who received a 90

Symposium, by Plato Essay Example | Topics and Well Written Essays - 750 words

Symposium, by Plato - Essay Example In fact, write-ups on this subject are among the iconic literature ever written. The concept of Eros emanates from a Greek word locus classicus and the agape love has been enjoined by the human understanding of love. This has become the source of much creative literature on this subject the world over, especially in the western countries. In fact, for the westerners have got two conceptions on this subject. An example is that they there are those who believe in the combination of Eros and agape love, whereas, the rest are staunch Christians who strongly believe in Jesus teachings (Cooksey, 144). The former school of thought though criticized on the ground that it is self-centered and weird in some manner. This notwithstanding, many people across the globe have embraced it because of the urge to explore more on this exciting topic. This subject requires much discretion in its presentations hence is has been associated with the discipline of philosophy. It is because of its nature that only poets have managed to explore it. However, in as much as love is subject to philosophical analysis, it differs from the latter. The view of Eros love has its genesis in the past traditional setting. It is easy to fathom and appreciate the credibility of the premises of this view on love from this angle of view. Indeed love is a feeling of power, authority and security. In addition, Eros love is a controversy because when a person possesses love, there is no contemplation of hate yet there can not be hate if love never existed (Cooksey, 144).. There can be no good thing without the involvement of love. In erotic view, reason directs the desires of the body In that without reason man becomes irrational. In this case, the soul is not involved in directing the actions of the body though self constitutes of the body, soul and mind. However in the Christian view has it that the body should be controlled by the mind and soul too. Inn addition love is something that gives people satis faction. For instance person would ordinarily love another and feel shameful and uneasy about it. Moreover, people prefer the whole world to know about their sense of love. Indeed this is the cause as to why several men and women indulge in weddings .this brings to them the reassurance of love from their partners otherwise their love shall remain not rekindled. Love has for a long time transformed people for the better. It is true that it is love alone which makes people abandon vices and embrace virtues and moral values of the society. For instance, a wife or husband are restrained from committing promiscuity by love between themselves.However, it is ironical that it is the same love that reconciles husband and wife again, In case either of the two partners falls victim of adultery. 2 Love compels a person to make sacrifices which even blood relative will at no time make. It builds the character of a person. For instance when a person is in a relationship, there is a dramatic chang e of manners and lifestyle. It is love which makes the other partner to have restraint in order to avoid hurting the other person by his or her unpleasant lifestyle or character. It is quite interesting that even justice springs forth from love (Cooksey, 144). This is absolute truth because it is lack of love that culminates in the commission of rime and other evils. For instance if a person has love, it will be difficult for the person to give or accept a bribe as