Synthetic repurchase programs through put derivatives: theory and evidence
A Synthetic Repurchase is an open market share repurchase program enhanced with sales of put derivatives on the firm’s own stock. Microsoft, in 1999, using a synthetic repurchase program sold put derivatives on its own stock and received $766 million in premiums and, at the same time, signaled that it is a good-quality company and certified its future earnings. I present theoretical rationale that explains why a synthetic repurchase program provides an efficient signal about a firm’s future
Authoring Intelligent Tutoring Systems:
An analysis of the state of the art
This paper consists of an in-depth summary and analysis of the research and development state of the art for intelligent tutoring system (ITS) authoring systems. A seven-part categorization of two dozen authoring systems is given, followed by a characterization of the authoring tools and the types of ITSs that are built for each category. An overview of the knowledge acquisition and authoring techniques used in these systems is given. A characterization of the design tradeoffs involved in buildi
AP U.S. Government & Politics
The UCCP Advanced Placement (AP) US Government and Politics course is a one semester survey of American Government and Politics covering the Constitution, political beliefs, political parties, interest groups, institutions of government, public policy and civil rights. Emphasis is placed on critical and evaluative thinking skills, essay writing, and interpretation of original documents. This curriculum covers all of the material outlined by the College Board as necessary to prepare you to pass t
AP Physics C
This curriculum covers all of the material outlined by the College Board as necessary to prepare students to pass the AP Physics C exam. This course is designed to acquaint you with topics in mechanics and classical electricity and magnetism. The course covers two semesters. The first semester is devoted to Newtonian mechanics including: kinematics, laws of motion, work and energy, systems of particles, momentum, circular motion, oscillations, and gravitation. The second semester discusses the t
Digestive System 2 from the course General Human Anatomy
General Human Anatomy - Fall 2006. The functional anatomy of the human body as revealed by gross and microscopic examination.
This introductory course in "Modern Biology" covers topics found in the fields of cellular biology, molecular biology, biochemistry, and genetics. It does not cover organismal biology or taxonomy. This course is a requirement for biology majors at Carnegie Mellon University. The course is carefully planned to provide the background biology students will need for advanced biology classes. Non-biology majors will also find this course useful as it explains many of the concepts and techniques curre
Four Degrees Of Freedom
Letting go is hard to do. Remember back to when, after months of trying, you let go of the handlebars of your bicycle and sailed down the street, effortless and assured. It was a freedom born of mastery, balance and technique. You had let go, but were in control. Technique extends to other devices as well and we are here to discuss architectural computation. Here too, as we will see, mastery is shown by letting go. These papers explore new degrees of freedom in design computation. Each is on a s
Morton Letter to Andrew Johnson, 1865 (page 2)
To grant them a pardon would in
my judgement be most unfortunate. Or
to let the cases pass by as if under ad=
visement, or involved in doubt, would
be scarcely less detrimental. They have
already reposed too long. But
after looking over the whole ground and
consulting many of the soundest friends
of the Government, I have come to the
conclusion that the demands of public
justice and public interest would be
Spiceland Academy Women Students Demonstrate a Chemistry Experiment
Four Spiceland Academy women students are in the photographer's studio. They are demonstrating a chemistry experiment with a formula from a book and beakers, mortar and pestle, and test tubes. Their hair is in the Gibson Girl style and they wear dresses and aprons.
Interior, Second floor of Barret Library
Paul Barret, Jr. Library interior, 2nd floor before staircase was begun.
Introduction to Entrepreneurship
EEE 370 is an introductory course intended to provide students with a solid foundation in terms of the vital role played by entrepreneurs and entrepreneurship in the 21st century global economy. In a sense, this is the cornerstone course, which is complemented at the end of your program with the capstone business plan course. During this semester, we will assess, explore, critique, and celebrate the phenomenon of entrepreneurship. Entrepreneurship is approached as a way of thinking and acting, a
The Influences of Art on Yellowstone
This site features paintings, photos, and drawings, many of which contributed to the creation of the nation's first national park. The waterfalls, geysers, rock formations, and vistas in these works helped spread an appreciation of the wonders of Yellowstone. When President Grant signed into law the bill establishing Yellowstone as our first national park in 1872, he set in motion the tradition of preserving other tracts of great beauty for future generations.
Calculus without Limits (Lecture Notes for Applied Calculus)
This book introduces differentiability as a local property without using limits. The philosophy behind this idea is that limits are the a big stumbling block for most students who see calculus for the first time, and they take up a substantial part of the first semester.
A First Course in Complex Analysis
These are the lecture notes of a one-semester undergraduate course which we taught at SUNY Binghamton. For many of our students, Complex Analysis is their first rigorous analysis (if not mathematics) class they take, and these notes reflect this very much. We tried to rely on as few concepts from real analysis as possible. In particular, series and sequences are treated "from scratch." This also has the (maybe disadvantageous) consequence that power series are introduced very late in the course.
Barbershops become urban community health centers
African-American communities in the shadows of the University of Pittsburgh's buildings are getting sick and dying sooner than their white counterparts, of preventable diseases -- and Dr. Stephen Thomas wants to change it. An outreach initiative involving local barbershops and beauty salons is a step in that direction.
Childhood Adversity and Later Mortality in an Urban African American Cohort
The Woodlawn Project is a longitudinal study of the development of psychological well-being and social adaptation in an epidemiologically defined cohort of African American first graders interviewed as adolescents and again as adults. The identification of childhood factors predictive of mortality has clear public health importance. Family and childhood adversity and psychosocial factors have been shown to have long-term effects on later mental health and school achievement in adolescence and yo
Like access 83.14, it is a closeup detail of the body of a hanging man. In this print, both legs of the emaciated victim are shown, against a background of a mass of prisoners seen at a distance. Signed center right.,Like access 83.14, it is a closeup detail of the body of a hanging man. In this print, both legs of the emaciated victim are shown, against a background of a mass of prisoners seen at a distance. Signed center right.,Born in 1910 in Floss, Bavaria, David Ludwig Bloch lost his hearin
Distinguished Innovator Lecture Series: Cynthia Dai
Cynthia Dai, Dainamic Consulting, Inc. A seasoned entrepreneur, Cynthia Dai has co-founded several high technology start-ups and served on the executive team of both early-stage and public ventures. This hands-on experience combined with strong operational skills in marketing, engineering and finance has enabled Ms. Dai to build or reposition companies for rapid growth. Ms. Dai's strengths as an Interim Executive lie in attracting results-oriented senior management teams, developing strong busi
Title: Chinese bed
VADS Collection: Artworld: Sainsbury Centre for Visual Arts
Description: Bed comprising two connected sections, the poster-bed proper with open trellis canopy on square uprights and outer chamber as porch. This outer chamber covered and platformed, is decorated on the front with carved and ivory-inlaid. Calligraphic designs on front panels. Ink-painted Chinese carpenter's mark of Ho on back of bed-frame proper, front and side-panels of outer chamber.
Made of several different hardwoods, inlaid with mother-of-pearl and constructed without t
Lunch Poems: Al Young
California Poet Laureate Al Young has created a profound and enduring body of work that represents our time. Young's numerous publications in poetry, fiction, nonfiction, and for the stage and screen explore the American, human condition through the lens of the individual voice. Ray González writes that Young "paints a picture of who we are as a nation and how our complexity takes us beyond national borders as members of a global literary community." Originally born in Mississippi, Young reside