Topic 1: What is Corporate Finance?(cont 1 2 Financing Decisions In the previous section the focus was on investment decisions. It was assumed throughout that the firm was financed with equity. In this section we discuss financing decisions. As a prelude to this we will briefly discuss the notion of efficient

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Beating the Averages Paul Graham (This article is based on a talk given at the Franz Developer in Cambridge, MA, on March 25, 2001 In the summer of 1995, my friend rt morris and i started a startup called Viaweb. Our pla to write software that would let end users build online stores. What was novel about this

Evaluation and universal machines The Eval/Apply Cycle What is the role of evaluation in defining a language? Eval and Apply execute a cycle that unwinds our abstractions Reduces to simple applications of built in

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Objectives Focus A What do you say? B Vocabulary C Reading D Listening

Objectives Focus Warm up 16.1 Saying what you've done 16.2 Visiting a factory 16.3 The company report Sum-up Assignment

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Part I Reading(40%) Every human being, no matter what he is doing, gives off body heat. The usual problem is how to dispose of it. but the designers of the Johnstown Campus of the University o Pittsburgh set themselves the opposite problem how to collect body heat. They have designed a collection system which utilizes not only body heat, but the heat given off by such

Space Policy Seminar#1 What is space policy? Who makes it and Why is it important? Outlineo Definitions Technical statement and limits A simple model for space policy statements