... computation ofthe present value is, again, the long-term interest rateThe lower the level of long-term interest rates, the higher the impact of a change in the long-term rate on the underlying value of ... reflect the maximisation of banks income when their customers are confronted with the costs of switching banks, which reduce the interest rate elasticity ofthe credit demand curveandthe deposit ... when the market rate declines and deposit rate increases when the market rate rises Finally, the indicators ofthe rigidity of bank funding costs seem to matter only for the setting of credit rates,...
... results of this study provide the first formal estimates ofthe joint effect of derivative exposures on the systematic interest rateand exchange rate risks of U S banks The rest ofthe paper ... excess rateof return of stock i over the risk-free rate q at time t, Rmt is an excess rateof return on market portfolio over the risk-free rate, rt is the interest rate risk factor measured by the ... Derivative Exposure andthe Interest Rateand Exchange Rate Risks of U.S Banks November 1996 Abstract: This paper estimates the interest rateand exchange rate risk betas of fifty-nine large...
... ? The first application of pesticide does not kill off the hordes of rice leafhoppers, but the tens of thousands of young spiders on each square yard of land simply vanish, andthe swarms of ... the hand ofthe Lord Buddha Even if scientists change the living and nonliving as they please and create new life, the fruits and creations of human knowledge can never exceed the limits ofthe ... him to ask why and how the winds blow andthe rain falls He has carefully studied the tides ofthe sea, the nature of lightning, andthe plants and animals that inhabit the fields and mountains...
... also demand valid MPE tables for 95% ofthe time Only, we will use a period of 40 seconds for reasons explained in the paper The influence ofthe MPE-FEC rateandthe modulation scheme on the range ... because the influence ofthe height difference on the range is negligible compared to the influence ofthe x, ycoordinates CINRR and ER are the average values of CINR and E, respectively, over the samples ... as the distance between ITx andthe location ofthe sample in the window that is the furthest away from the transmitter ITx An analogous definition is used for RE|5 A comparison ofthe values of...
... Pn,u is the power ofthe nth transmitted symbol ofthe uth user, and hn,u is the channel frequency response at the nth assigned subcarrier ofthe uth user The geometrical interpretation ofthe achievable ... methods in both the single user system andthe multi-user system subject to individual power constraints ofthe users We analyze the cause oftherate loss and its impact on the achievable rate as well ... lower than the OFDM rate in frequency selective channels However, an insight into the cause oftherate loss and its impact on the performance was not given Such an insight is of interest and importance...
... dilution ofthe spores) and then vortexed vigorously for 10 s and incubated at 37°C After 1, and h, 0.5 ml ofthe spore culture was sampled to determine the number of surviving spores The spore ... passes through the stomach of a pig The fact that the viable counts of most ofthe six Bacillus strains did not decrease after h of incubation suggests that a reasonable percentage of these Bacillus ... turbid while the other isolates andthe control did not change On the fifth day, the incubations of isolates B subtilis MA139 and Bacillus spp 634 were sampled and many spores had germinated The tolerance...
... On the other hand, the utilization ofthe available growth space ofnatural forest by crowns is higher than in the initial phase of growth stage The utilization of available crown space by the ... of bedrock on one third ofthe area of this natural forest On the one hand bedrock is andesite, on the other hand it is granodiorite and siliceous diorite, whereby PRP 1 is situated just on the ... starts to dominate from the aspect of yield and function at this stage Because ofthe dying-off of trees ofthe upper layer and damage to the lower layer by falling trees the correlation index...
... respectively) andthe time from the beginning ofthe regeneration process Total density ofnatural regeneration was positively correlated with the time from the beginning ofthe regeneration phase and ... establishment of new seedlings in the stands may be caused by the loss of vitality and death of shrubs, grasses and other tree seedlings due to the effect of drought in dry years The variation ... Data analysis The data analysis was conducted in two steps The first step was the analysis of population structure ofnatural regeneration Then, the selection and interpretation ofthe main factors...
... allowed the completion ofthe therapeutic program for 1,930/ 1,978 (97.6%) ofthe catheters inserted The absence of pneumotorax and other major complications indicates that US guidance should be mandatory ... at the point of insertion ofthe sternocleidomastoid muscle into the clavicular; the correct introduction ofthe needle was always confirmed by ultrasound guidance and by the easy aspiration of ... access ports [29,42] The great incidence of staphylococci reflects the classical expositional risk of this kind of catheter, although the incidence of infections, therateof CVC withdrawal or...
... (Morocco) and Bordeaux (France) Season and average temperature at the time of capture are the following: for Loua, November 1989, at the end ofthe dry season andthe begining ofthe wet season, the ... a mixture ofthe SspI-Xhol andofthe Xholl-Nhel fragments of (see Maruyama and Hartl, 1991) These fragments cover 1.1 kb ofthe total element (total length ofthe element 1.286 kb) These probes ... effect for ofthe populations tested and a slightly significant overall correlation between the number of copies andthe excision rate Finally, an analysis of mariner sequence in 5’ ofthe initiation...
... (SB), being the photographer oftheNatural History Museum of Florence, had the duty of documenting the different aspects ofthe trips and taking close-up pictures ofthe most interesting insects ... over the past century with the ‘globalization’ of economy andthe consequent proliferation ofthe pathways and routes of introductions (HULME et al., 2008) Insects are one ofthe taxa with the ... Holotypes ofthe new taxa are being held in deposit at the Vietnam National Museum of Nature in Hanoi The collaboration between the Museum ofNatural History ofthe University of Florence andthe Vietnam...
... shell developed from their ribs and spine The upper half ofthe shell, the carapace, typically consists of 50 bones and is joined to the plastron (the lower half) via a bridge andthe bones are typically ... residential, industrial and commercial purposes The business, civic and cultural districts were located within the southern-central part ofthe city andthe rest ofthe island was divided into multiple ... biology and ecology of red-eared sliders in the wild in Singapore in order to make an assessment ofthepotential impacts on the local environment and in other parts of Southeast Asia; and b)...
... demonstrated gender differences in therateof chronicity in hepatitis C infection The NHANES[13] study andthe Dionysos study[21] had similar rates of HCV chronicity among both men and women Race There ... Progression of Liver Fibrosis In the setting of persistent hepatitis C viremia, therateof progression of liver fibrosis varies widely There have been extensive studies focusing on thenatural course of ... cirrhosis, HCC, and death The liver biopsy is the gold standard for the grading and staging of chronic hepatitis C The activity of liver disease or grade, is gauged by the number of mononuclear...
... unendurable, is the appearance of an absolute ruler for these gregarious Europeans of this fact the effect ofthe appearance of Napoleon was the last great proof the history ofthe influence of Napoleon ... the great discharge from all the obligations ofthe past; 141 of 301 Beyond Good and Evil altogether at one in their belief in the community as the DELIVERER, in the herd, and therefore in ‘themselves.’ ... ancient world say of them; the chosen people among the nations,’ as they themselves say and believe the Jews performed the miracle ofthe inversion of valuations, by means of which life on earth...
... Production ofthe antibiotics is the primary factor in the competitive fitness of P aureofaciens in the rhizosphere andthe relationships between it, the plant, andthe fungal pathogens The antibiotic, ... intracellularly and replace partially the middle lamellae between the cortical cells ofthe feeder roots The endomycorrhizae, which form on the roots of 90% ofthe plant species, enter the root cells and ... purposes other than human and animal chemotherapy, such as the promotion of growth of farm animals and plants andthe protection of plants against pathogenic microorganisms Cooperation on the development...
... “synthetic” unity ofthe multiplicity of experience On the basis of this, Kant drew his most basic conclusion: a condition of both the synthetic unity ofthe multiplicity of representations (and ... subject, and on the other hand the multiplicity ofthe representations which it has The same complex thinking subject – as the same subject of different experiences – is correlated therefore to the ... make There are two ways, Kant suggested, that we can look at judgments: on the one hand, we can regard the form ofthe judgment (how the subject is related to the predicate); and, on the other hand,...
... words instead ofthe advised 250-265) It has a sound structure, your position is clearly expressed, the information is well-organized, and structure-wise the sentences are fine The vocabulary ... outweigh the disadvantages Overall, I am convinced that we should further promote globalization and meanwhile the local government should take measures to combat culture assimilation and sweat ... sentences are fine The vocabulary is impressive and there were only a few grammatical errors (see comments underlined in blue) Overall, this seems to be a band 7.5 + essay ...
... the piece of discourse under analysis The later includes the type of communicative event, the topic, the purpose ofthe event, the setting, the xii participant andthe relationships between them ... medium ofthe language activity It is the manifestation ofthe nature ofthe language code being used Halliday and Hassan include here: “Mode is the function ofthe text in the event, including therefore ... renovation cause and to raise its economy's competitiveness on the one hand, and on other hand to affirm the consistency ofthe Party and State's policies to integrate the national economy into the world...
... demonstrated instead of as a perk that comes with the job? This then leads to the ultimate question: what is the purpose ofthe corporation and how is its success measured? Is the end goal ofthe ... CHAPTER TWO The Sources ofthe Problem The spirit of capitalism is alive and well in Corporate America Darwinian economies, governed by the basic laws of supply and demand, vastly favor the strong ... creation of products and services and then selling and delivering them to the marketplace A talented CEO can rally the troops and march on to victory in the marketplace But the success of a CEO...