Poverty And Its Effects On Children - 942 Words

Childhood and adolescence are expected to be the times of great functioning and physical health, yet poverty provokes this from occurring and children face poor health. Children living in poverty are at immense risk for their development, health and overall well-being. According to Komro, 2011, the absolute rate of poverty among children is higher in the United States than in other industrialized nations. Nationally, One in five children are living in poverty (Raphel, 2014). Malnourishment is one of the numerous outcomes from poverty; children are suffering each day in America with this threat to their health. Malnourishment is a result of either not having sufficient nutrients in their diet or having it excessively that it causes health problems. Poverty affects a broad diversity of people from different ages, cultures or diversities. While the overall poverty rate in the US in 2009 was 14.3%, it seemed to be higher among female-headed households (29.9%), African Americans (25.8%), Hispanics (25.3%), children (20.7%) and those living in central cities (18.7%), (Komro, 2011). Living in poverty poses a great risk already, but also living in an area of concentrated poverty makes it difficult to grow and thrive. Typically, schools with great proportions of low-income families have low education achievements. With that factor alone comes great risk for oppression and other risk factors. With the given circumstances, children are at risk of poverty into their adulthood. HighShow MoreRelatedEffects Of Poverty On Children1553 Words   |  7 PagesHow Poverty Effects Children Makayla Ray University of Alabama in Birmingham Abstract This literature review of twelve previously published research articles has focused on summarizing some of the effects of poverty on children. The selected articles all focused on the major effect of poverty on children, and were sorted into four sub-categories or themes based upon a specific focus areas of this complex and not yet fully understood issue. These themes included developmental, educationalRead MorePoverty And Its Effects On Children Essay1111 Words   |  5 PagesEdgar Perez Mrs. Prince ENG 1113 16 November 2016 Poverty in America As of 2013 approximately 45 million people in America lived below the poverty line. In an average three-person household, an annual income of $20,090 is federally considered to be at poverty level. In the year of 2014, 44 percent of children under the age of 18 were living at or below the poverty level. Coming from a low economic standing can be detrimental for children’s physical and mental states. Pursuing a higher educationRead MoreEffects Of Poverty On Children1554 Words   |  7 PagesEffects of Poverty on Children Makayla Ray University of Alabama in Birmingham Abstract This literature review of twelve previously published research articles has focused on summarizing some of the effects of poverty on children. The selected articles all focused on the major effect of poverty on children, and were sorted into four sub-categories or themes based upon a specific focus areas of this complex and not yet fully understood issue. These themes included developmental, educationalRead MorePoverty And Its Effects On Children859 Words   |  4 PagesPoverty is existing worldwide epidemic and it is affecting millions of adults and children mentally, physically and emotionally .Poverty is the inability to purchase or have access to the basic human needs. This includes food, shelter, education, clean water and proper sanitation .It depends not only on income but also on access to services. In 1998 a UN Statement on poverty, signed by the heads of all UN agencies stated: defines poverty as â€Å"the denial of choices and opportunities, violation of humanRead MorePo verty And Its Effects On Children1377 Words   |  6 PagesPoverty Poverty is a chronic issue not just within the United States but throughout the whole world, but one thing that people tend to overlook is the effect that poverty has on childhood. Many children grow up in poverty and the effects can last for a life time. For many of these kids who grow up in these conditions the effects include poor health, a high risk for teen pregnancy, and the lack of an education. Poor health is a direct of effect of poverty, children with families with no money orRead MorePoverty And Its Effects On Children985 Words   |  4 PagesPoverty doesn’t have preferences, it doesn’t choose people by race, religion, or age. Many people don’t see the effects poverty has on people or sometimes they don’t care but you should. What if you were put in the situation where you lost everything and weren’t able to recover. Now imagine this is your child. Many people put a generic face upon poverty. Usually they see the poor African American person, or the old man who looks dirty, or even the woman who is selling her body just to buy a biteRead MorePoverty And Its Effects On Children1771 Words   |  8 Pages What is poverty? For people who do not know what poverty is, the Merriam- Webster dictionary defines it as â€Å"the state of one who lacks a usual or socially acceptable amount of money or material possessions† (Poverty). To make it even easier it is basically the state of being extremely poor. Poverty is a huge global issue and it can affect anyone. Whether the person is young or old, male or female. Poverty does not discriminate against people, which is why people should not sit back and ignoreRead MorePoverty And Its Effects On Children2452 Words   |  10 Pagespeople living in poverty out of the 316.5 million inhabitants of the United States of America. That means about 14.5% of people live below the poverty line, which is an extremely large amount for such a lucrative world dominating country. Poverty is a very serious issue in the United States and has devastating effects, yet it continues to effect massive amounts of people. It is essential that Americans make the ne cessary changes to combat poverty because those living in poverty often experience aRead MorePoverty And Its Effects On Children945 Words   |  4 PagesPOVERTY MALNOURISHMENT Childhood and adolescence are expected to be the times of great functioning and physical health, yet poverty provokes this from occurring and children face poor health. Children living in poverty are at immense risk for their development, health and overall well-being. According to Komro, 2011, the absolute rate of poverty among children is higher in the United States than in other industrialized nations. Nationally, One in five children are living in poverty (Raphel,Read MoreThe Effects of Poverty on Children Essay1217 Words   |  5 Pages When analyzing children growing up in poverty a lot of factors come into play such as their physical, psychological and emotional development. To grow up in poverty can have long term effect on a child. What should be emphasized in analyzing the effects of poverty on children is how it has caused many children around the world to suffer from physical disorders, malnutrition, and even diminishes their capacities to function in society. Poverty has played a major role in the functioning of families

Poverty And Its Effects On Children - 942 Words

Childhood and adolescence are expected to be the times of great functioning and physical health, yet poverty provokes this from occurring and children face poor health. Children living in poverty are at immense risk for their development, health and overall well-being. According to Komro, 2011, the absolute rate of poverty among children is higher in the United States than in other industrialized nations. Nationally, One in five children are living in poverty (Raphel, 2014). Malnourishment is one of the numerous outcomes from poverty; children are suffering each day in America with this threat to their health. Malnourishment is a result of either not having sufficient nutrients in their diet or having it excessively that it causes health problems. Poverty affects a broad diversity of people from different ages, cultures or diversities. While the overall poverty rate in the US in 2009 was 14.3%, it seemed to be higher among female-headed households (29.9%), African Americans (25.8%), Hispanics (25.3%), children (20.7%) and those living in central cities (18.7%), (Komro, 2011). Living in poverty poses a great risk already, but also living in an area of concentrated poverty makes it difficult to grow and thrive. Typically, schools with great proportions of low-income families have low education achievements. With that factor alone comes great risk for oppression and other risk factors. With the given circumstances, children are at risk of poverty into their adulthood. HighShow MoreRelatedEffects Of Poverty On Children1553 Words   |  7 PagesHow Poverty Effects Children Makayla Ray University of Alabama in Birmingham Abstract This literature review of twelve previously published research articles has focused on summarizing some of the effects of poverty on children. The selected articles all focused on the major effect of poverty on children, and were sorted into four sub-categories or themes based upon a specific focus areas of this complex and not yet fully understood issue. These themes included developmental, educationalRead MorePoverty And Its Effects On Children Essay1111 Words   |  5 PagesEdgar Perez Mrs. Prince ENG 1113 16 November 2016 Poverty in America As of 2013 approximately 45 million people in America lived below the poverty line. In an average three-person household, an annual income of $20,090 is federally considered to be at poverty level. In the year of 2014, 44 percent of children under the age of 18 were living at or below the poverty level. Coming from a low economic standing can be detrimental for children’s physical and mental states. Pursuing a higher educationRead MoreEffects Of Poverty On Children1554 Words   |  7 PagesEffects of Poverty on Children Makayla Ray University of Alabama in Birmingham Abstract This literature review of twelve previously published research articles has focused on summarizing some of the effects of poverty on children. The selected articles all focused on the major effect of poverty on children, and were sorted into four sub-categories or themes based upon a specific focus areas of this complex and not yet fully understood issue. These themes included developmental, educationalRead MorePoverty And Its Effects On Children859 Words   |  4 PagesPoverty is existing worldwide epidemic and it is affecting millions of adults and children mentally, physically and emotionally .Poverty is the inability to purchase or have access to the basic human needs. This includes food, shelter, education, clean water and proper sanitation .It depends not only on income but also on access to services. In 1998 a UN Statement on poverty, signed by the heads of all UN agencies stated: defines poverty as â€Å"the denial of choices and opportunities, violation of humanRead MorePo verty And Its Effects On Children1377 Words   |  6 PagesPoverty Poverty is a chronic issue not just within the United States but throughout the whole world, but one thing that people tend to overlook is the effect that poverty has on childhood. Many children grow up in poverty and the effects can last for a life time. For many of these kids who grow up in these conditions the effects include poor health, a high risk for teen pregnancy, and the lack of an education. Poor health is a direct of effect of poverty, children with families with no money orRead MorePoverty And Its Effects On Children985 Words   |  4 PagesPoverty doesn’t have preferences, it doesn’t choose people by race, religion, or age. Many people don’t see the effects poverty has on people or sometimes they don’t care but you should. What if you were put in the situation where you lost everything and weren’t able to recover. Now imagine this is your child. Many people put a generic face upon poverty. Usually they see the poor African American person, or the old man who looks dirty, or even the woman who is selling her body just to buy a biteRead MorePoverty And Its Effects On Children1771 Words   |  8 Pages What is poverty? For people who do not know what poverty is, the Merriam- Webster dictionary defines it as â€Å"the state of one who lacks a usual or socially acceptable amount of money or material possessions† (Poverty). To make it even easier it is basically the state of being extremely poor. Poverty is a huge global issue and it can affect anyone. Whether the person is young or old, male or female. Poverty does not discriminate against people, which is why people should not sit back and ignoreRead MorePoverty And Its Effects On Children2452 Words   |  10 Pagespeople living in poverty out of the 316.5 million inhabitants of the United States of America. That means about 14.5% of people live below the poverty line, which is an extremely large amount for such a lucrative world dominating country. Poverty is a very serious issue in the United States and has devastating effects, yet it continues to effect massive amounts of people. It is essential that Americans make the ne cessary changes to combat poverty because those living in poverty often experience aRead MorePoverty And Its Effects On Children945 Words   |  4 PagesPOVERTY MALNOURISHMENT Childhood and adolescence are expected to be the times of great functioning and physical health, yet poverty provokes this from occurring and children face poor health. Children living in poverty are at immense risk for their development, health and overall well-being. According to Komro, 2011, the absolute rate of poverty among children is higher in the United States than in other industrialized nations. Nationally, One in five children are living in poverty (Raphel,Read MoreThe Effects of Poverty on Children Essay1217 Words   |  5 Pages When analyzing children growing up in poverty a lot of factors come into play such as their physical, psychological and emotional development. To grow up in poverty can have long term effect on a child. What should be emphasized in analyzing the effects of poverty on children is how it has caused many children around the world to suffer from physical disorders, malnutrition, and even diminishes their capacities to function in society. Poverty has played a major role in the functioning of families

Poverty And Its Effects On Children - 942 Words

Childhood and adolescence are expected to be the times of great functioning and physical health, yet poverty provokes this from occurring and children face poor health. Children living in poverty are at immense risk for their development, health and overall well-being. According to Komro, 2011, the absolute rate of poverty among children is higher in the United States than in other industrialized nations. Nationally, One in five children are living in poverty (Raphel, 2014). Malnourishment is one of the numerous outcomes from poverty; children are suffering each day in America with this threat to their health. Malnourishment is a result of either not having sufficient nutrients in their diet or having it excessively that it causes health problems. Poverty affects a broad diversity of people from different ages, cultures or diversities. While the overall poverty rate in the US in 2009 was 14.3%, it seemed to be higher among female-headed households (29.9%), African Americans (25.8%), Hispanics (25.3%), children (20.7%) and those living in central cities (18.7%), (Komro, 2011). Living in poverty poses a great risk already, but also living in an area of concentrated poverty makes it difficult to grow and thrive. Typically, schools with great proportions of low-income families have low education achievements. With that factor alone comes great risk for oppression and other risk factors. With the given circumstances, children are at risk of poverty into their adulthood. HighShow MoreRelatedEffects Of Poverty On Children1553 Words   |  7 PagesHow Poverty Effects Children Makayla Ray University of Alabama in Birmingham Abstract This literature review of twelve previously published research articles has focused on summarizing some of the effects of poverty on children. The selected articles all focused on the major effect of poverty on children, and were sorted into four sub-categories or themes based upon a specific focus areas of this complex and not yet fully understood issue. These themes included developmental, educationalRead MorePoverty And Its Effects On Children Essay1111 Words   |  5 PagesEdgar Perez Mrs. Prince ENG 1113 16 November 2016 Poverty in America As of 2013 approximately 45 million people in America lived below the poverty line. In an average three-person household, an annual income of $20,090 is federally considered to be at poverty level. In the year of 2014, 44 percent of children under the age of 18 were living at or below the poverty level. Coming from a low economic standing can be detrimental for children’s physical and mental states. Pursuing a higher educationRead MoreEffects Of Poverty On Children1554 Words   |  7 PagesEffects of Poverty on Children Makayla Ray University of Alabama in Birmingham Abstract This literature review of twelve previously published research articles has focused on summarizing some of the effects of poverty on children. The selected articles all focused on the major effect of poverty on children, and were sorted into four sub-categories or themes based upon a specific focus areas of this complex and not yet fully understood issue. These themes included developmental, educationalRead MorePoverty And Its Effects On Children859 Words   |  4 PagesPoverty is existing worldwide epidemic and it is affecting millions of adults and children mentally, physically and emotionally .Poverty is the inability to purchase or have access to the basic human needs. This includes food, shelter, education, clean water and proper sanitation .It depends not only on income but also on access to services. In 1998 a UN Statement on poverty, signed by the heads of all UN agencies stated: defines poverty as â€Å"the denial of choices and opportunities, violation of humanRead MorePo verty And Its Effects On Children1377 Words   |  6 PagesPoverty Poverty is a chronic issue not just within the United States but throughout the whole world, but one thing that people tend to overlook is the effect that poverty has on childhood. Many children grow up in poverty and the effects can last for a life time. For many of these kids who grow up in these conditions the effects include poor health, a high risk for teen pregnancy, and the lack of an education. Poor health is a direct of effect of poverty, children with families with no money orRead MorePoverty And Its Effects On Children985 Words   |  4 PagesPoverty doesn’t have preferences, it doesn’t choose people by race, religion, or age. Many people don’t see the effects poverty has on people or sometimes they don’t care but you should. What if you were put in the situation where you lost everything and weren’t able to recover. Now imagine this is your child. Many people put a generic face upon poverty. Usually they see the poor African American person, or the old man who looks dirty, or even the woman who is selling her body just to buy a biteRead MorePoverty And Its Effects On Children1771 Words   |  8 Pages What is poverty? For people who do not know what poverty is, the Merriam- Webster dictionary defines it as â€Å"the state of one who lacks a usual or socially acceptable amount of money or material possessions† (Poverty). To make it even easier it is basically the state of being extremely poor. Poverty is a huge global issue and it can affect anyone. Whether the person is young or old, male or female. Poverty does not discriminate against people, which is why people should not sit back and ignoreRead MorePoverty And Its Effects On Children2452 Words   |  10 Pagespeople living in poverty out of the 316.5 million inhabitants of the United States of America. That means about 14.5% of people live below the poverty line, which is an extremely large amount for such a lucrative world dominating country. Poverty is a very serious issue in the United States and has devastating effects, yet it continues to effect massive amounts of people. It is essential that Americans make the ne cessary changes to combat poverty because those living in poverty often experience aRead MorePoverty And Its Effects On Children945 Words   |  4 PagesPOVERTY MALNOURISHMENT Childhood and adolescence are expected to be the times of great functioning and physical health, yet poverty provokes this from occurring and children face poor health. Children living in poverty are at immense risk for their development, health and overall well-being. According to Komro, 2011, the absolute rate of poverty among children is higher in the United States than in other industrialized nations. Nationally, One in five children are living in poverty (Raphel,Read MoreThe Effects of Poverty on Children Essay1217 Words   |  5 Pages When analyzing children growing up in poverty a lot of factors come into play such as their physical, psychological and emotional development. To grow up in poverty can have long term effect on a child. What should be emphasized in analyzing the effects of poverty on children is how it has caused many children around the world to suffer from physical disorders, malnutrition, and even diminishes their capacities to function in society. Poverty has played a major role in the functioning of families

Graduate College Essay Samples Tips

Graduate College Essay Samples Tips Your essay should handle topics that are particular to the school of your choice but should also highlight your skills while introducing your aims. Before you write your admissions essay you have to have a comprehension of your objectives and the way in which your experiences to date prepare you for pursuing your aims. Once you own a topic, it's best to make an outline of ideas. To accomplish this, brainstorm on topics which you are passionate about. The Graduate College Essay Samples Game If you're on the lookout for one-on-one guidance, check out EssayEdge.com. Especially if you'll be moving with your loved ones, show the admissions officers which you will thrive in their environment. Some colleges will attempt to give as much as they can, but not meet the complete need, and a few may not offer anything. Keep in mind your college student may not have the ability to rely on their mobile phone, so calling cards and a list of phone numbe rs may be recommended. A typical misconception of ASU's honors college is that it's just extra work. In order to be successful in the world today, a college degree is crucial. Based on the schools you might be considering, however, certain college majors are somewhat more impressive than others. Upcoming college students might also be requested to compose a college essay for a component of their first requirements. New Step by Step Roadmap for Graduate College Essay Samples Essays are your very best friend. Stephen's essay is quite effective. Writing a failing essay isn't as simple as it might seem at first. When you finish your essay, you need to edit and polish. Your essay is the sole chance you get to show them of the human behind the grades. If you are in need of a well-crafted essay, then you can count on us to deliver. Writing an essay has to be stressful. Lies You've Been Told About Graduate College Essay Samples Once you get a rough draft of your admissions essay, bear in mind that it's a rough draft. It is very important to capture the interest of the admission tutors no matter how strict they may appear to be. More frequently than not, deadlines for submitting applications are almost always short which makes many possible applicants worry they will not have the ability to submit their sample essay for MBA application punctually. On occasion the student doesn't have a writing style that's impressive and inspires a high score. If you don't, you're able to actually hurt your odds of admission. College confidential is one of my favourite on-line forums. Thus, State Uni versity isn't only the ideal spot for me, it is the sole location for me. Allow it to sit for a couple days untouched. The Basic Facts of Graduate College Essay Samples If you search for the ideal opening and delay writing till you find just the correct angle, phrasing, or metaphor you may not ever write your graduate admissions essay. Our dedicated graduate paper writer makes sure the statement is having a robust and desired influence on the reader. Explain why you wish to attend that specific institution. Some graduate programs will request that you compose an extra essay about an issue within your favorite field. Since you are interested in getting the essay to communicate the very best information about you, you should do thorough preparation for the sample college admission essays to accomplish its purposes. Your college essay should contain information that are related to the instruction provided to you. Just because you've already written a college essay for a single university doesn't mean that it may also apply on your next applications. Graduate College Essay Samples Perhaps right now you're trying to enter the school that you dream about. Because that undertaking is intimidating, it's often hard to determine where to get started. Various things to various individuals, since the situation demanded. It is made worse by the fact that the cost of living keeps increasing every day.

Estimating the Cost of Equity Capital Divined Shareholders

Question: Discuss about the Estimating the Cost of Equity Capital for Divined Shareholders. Answer: B: Computation of true dollar value of dividend received by shareholders of Dominos Pizza Year Interim Dividend Annualized Interim dividend Interest from risk free rate Final Dividend True dollar value of yearly dividend received 2016 $ 34.70 $ 69.40 $ 0.33 $ 37.80 $ 107.53 2015 $ 24.60 $ 49.20 $ 0.24 $ 27.20 $ 76.64 2014 $ 17.70 $ 35.40 $ 0.17 $ 19.00 $ 54.57 2013 $ 15.50 $ 31.00 $ 0.15 $ 15.40 $ 46.55 2012 $ 13.00 $ 26.00 $ 0.12 $ 14.10 $ 40.22 2011 $ 10.40 $ 20.80 $ 0.10 $ 11.50 $ 32.40 2010 $ 6.00 $ 12.00 $ 0.06 $ 11.80 $ 23.86 2009 $ 4.40 $ 8.80 $ 0.04 $ 8.00 $ 16.84 2008 $ 4.10 $ 8.20 $ 0.04 $ 6.80 $ 15.04 2007 $ 4.10 $ 8.20 $ 0.04 $ 6.80 $ 15.04 2006 $ 4.10 $ 8.20 $ 0.04 $ 6.80 $ 15.04 Computation of true dollar value of dividend received by shareholders of Wools worth Year Interim Dividend Annualized Interim dividend Interest from risk free rate Final Dividend True dollar value of yearly dividend received 2016 $ 44.00 $ 88.00 $ 0.42 $ 48.00 $ 136.42 2015 $ 67.00 $ 134.00 $ 0.64 $ 72.00 $ 206.64 2014 $ 65.00 $ 130.00 $ 0.62 $ 72.00 $ 202.62 2013 $ 62.00 $ 124.00 $ 0.60 $ 71.00 $ 195.60 2012 $ 59.00 $ 118.00 $ 0.57 $ 67.00 $ 185.57 2011 $ 57.00 $ 114.00 $ 0.55 $ 65.00 $ 179.55 2010 $ 53.00 $ 106.00 $ 0.51 $ 62.00 $ 168.51 2009 $ 48.00 $ 96.00 $ 0.46 $ 56.00 $ 152.46 2008 $ 44.00 $ 88.00 $ 0.42 $ 48.00 $ 136.42 2007 $ 35.00 $ 70.00 $ 0.34 $ 39.00 $ 109.34 2006 $ 28.00 $ 56.00 $ 0.27 $ 6.80 $ 63.07 Computation of true dollar value of dividend received by shareholders of ANZ Bank Year Interim Dividend Annualized Interim dividend Interest from risk free rate Final Dividend True dollar value of yearly dividend received 2016 $ 80.00 $ 160.00 $ 0.77 93 $ 253.77 2015 $ 86.00 $ 172.00 $ 0.83 95 $ 267.83 2014 $ 83.00 $ 166.00 $ 0.80 95 $ 261.80 2013 $ 73.00 $ 146.00 $ 0.70 91 $ 237.70 2012 $ 66.00 $ 132.00 $ 0.63 79 $ 211.63 2011 $ 64.00 $ 128.00 $ 0.61 76 $ 204.61 2010 $ 52.00 $ 104.00 $ 0.50 74 $ 178.50 2009 $ 46.00 $ 92.00 $ 0.44 56 $ 148.44 2008 $ 62.00 $ 124.00 $ 0.60 74 $ 198.60 2007 $ 62.00 $ 124.00 $ 0.60 74 $ 198.60 2006 $ 56.00 $ 112.00 $ 0.54 69 $ 181.54 C. The dividend growth rate is useful in predicting the dividend of next year using Gordons model. The dividend growth rate means the percentage of growth that the dividend of a particular stock has witnessed over time (Madoroba and Kruger 2015). The dividend growth rate can be calculated by using compound annual growth rate method or it can be calculated using the simple liner method that is average (Wang and Brand 2015). The compound annual growth rate method takes into consideration only the dividend of beginning and ending period. Therefore, it can be said that fluctuation in the intervening periods are not reflected in this model (Acheampong and Agalega 2013). The dividend calculated using liner method reflects all the changes in the intervening period but there is a possibility that sudden rise and dividend in any particular year will affects its outcome (Belo et al. 2015). In this section, the dividend growth rates have been calculated under both the models and after analyzing th e result the dividend growth rate using average method has been selected to be used in the Gordons model (Anesten et al. 2015). The calculations are given below: Compounded Annual Growth rate method Calculation of proxy constant annual growth rate using CAGR model for Domino's Pizza Particulars Amount Ending value i.e. dividend on 2016 $107.53 Beginning value i.e. dividend on 2006 $15.04 Number of years 10 Compound annual growth rate 22% Calculation of proxy constant annual growth rate using CAGR model for Wools Worth Particulars Amount Ending value i.e. dividend on 2016 $136.42 Beginning value i.e. dividend on 2006 $63.07 Number of years 10 Compound annual growth rate 8% Calculation of proxy constant annual growth rate using CAGR model for ANZ Bank Particulars Amount Ending value i.e. dividend on 2016 $253.77 Beginning value i.e. dividend on 2006 $181.54 Number of years 10 Compound annual growth rate 3% Liner method or simple average method Computation of proxy constant annual growth rate using simple average of the growth rate of Domino's Pizza Year Dividend at the end of the year Growth rate 2016 $ 107.53 40% 2015 $ 76.64 40% 2014 $ 54.57 17% 2013 $ 46.55 16% 2012 $ 40.22 24% 2011 $ 32.40 36% 2010 $ 23.86 42% 2009 $ 16.84 12% 2008 $ 15.04 0% 2007 $ 15.04 0% 2006 $ 15.04 N/A Average growth rate of dividend 23% Computation of proxy constant annual growth rate using simple average of the growth rate of Wools Worth Year Dividend at the end of the year Growth rate 2016 $ 136.42 -34% 2015 $ 206.64 2% 2014 $ 202.62 4% 2013 $ 195.60 5% 2012 $ 185.57 3% 2011 $ 179.55 7% 2010 $ 168.51 11% 2009 $ 152.46 12% 2008 $ 136.42 25% 2007 $ 109.34 73% 2006 $ 63.07 N/A Average growth rate of dividend 11% Computation of proxy constant annual growth rate using simple average of the growth rate of ANZ Bank Year Dividend at the end of the year Growth rate 2016 $ 253.77 -5% 2015 $ 267.83 2% 2014 $ 261.80 10% 2013 $ 237.70 12% 2012 $ 211.63 3% 2011 $ 204.61 15% 2010 $ 178.50 20% 2009 $ 148.44 -25% 2008 $ 198.60 0% 2007 $ 198.60 9% 2006 $ 181.54 N/A Average growth rate of dividend 4% D. The Gordons model is used for calculating the current price of the share (Brightman et al. 2015). It is particularly helpful in calculating the intrinsic value of the shares based on the series of dividends which is expected to grow at a constant rate (Hackett 2013). The formula of Gordon growth model is: P=D (1+g)/ (k-g) Here P indicates current price of the share, D is the current years dividend, g is the growth rate and k is the expected rate of return. The expected return can be calculated rearranging the same formula (Brick et al. 2014). K=g+ (D (1+g))/P The calculations of expected rate of return using the Gordons growth model is given below: Calculation of Expected rate of return using Gordons Model of Dominos Pizza Particulars Amount Current year Dividend $ 72.50 Market price of the stock $ 68.13 Dividend growth rate 23% Expected rate of return 153.89% Calculation of Expected rate of return using Gordons Model of Wools worth Particulars Amount Current year Dividend $ 92.00 Market price of the stock $ 20.89 Dividend growth rate 11% Expected rate of return 499.85% Calculation of Expected rate of return using Gordons Model of ANZ Bank Particulars Amount Current year Dividend $ 173.00 Market price of the stock $ 24.12 Dividend growth rate 4% Expected rate of return 749.94% The above calculation shows that expected rate of return of the companies appears to be too high (Nhleko and Musingwini 2016). This expected rate of return is not justified keeping in view the general market condition and the industry in which the business operates. The existing market condition in Australia is highly competitive (Penman 2015). The business needs funds to expand their business in such circumstances if such high amount is paid out as dividend then it will hurt the long term growth of the business (Nhleko and Musingwini 2015). Therefore based on the analysis it can be concluded that such high rate of expected return is not justified (Jansen 2013). Reference Acheampong, P. and Agalega, E., 2013. Examining the Dividend Growth Model for Stock Valuation: Evidence from Selected Stock on the Ghana Stock Exchange.Research Journal of Finance and Accounting,4(8), pp.112-120. Anesten, S., Mller, N. and Skogsvik, K., 2015.The Accuracy of Parsimonious Equity Valuation Models-Empirical tests of the Dividend Discount, Residual Income and Abnormal Earnings Growth model(No. 2015: 3). Stockholm School of Economics. Belo, F., COLLINà ¢Ã¢â€š ¬Ã‚ DUFRESNE, P.I.E.R.R.E. and Goldstein, R.S., 2015. Dividend dynamics and the term structure of dividend strips.The Journal of Finance,70(3), pp.1115-1160. Brick, I.E., Chen, H.Y., Hsieh, C.H. and Lee, C.F., 2014. A comparison of alternative models for estimating firms growth rate.Review of Quantitative Finance and Accounting, pp.1-25. Brightman, C., Masturzo, J. and Beck, N., 2015. Are Stocks Overvalued? A Survey of Equity Valuation Models.Research Affiliates Fundamentals. Hackett, A.C., 2013.The application of income valuation models to energy utilities: assumptions, insights and conclusions(Doctoral dissertation, California State University, Sacramento). Jansen, D.W., 2013. Understanding the Sum of Perpetuities Method for Valuing Stock Prices.Journal of Economics (03616576),39(1). Madoroba, E. and Kruger, J.W., 2015. Equity Valuation Meets the Sigmoid Growth Equation: The Gordon Growth Model Revisited.Available at SSRN 2598005. Nhleko, A.S. and Musingwini, C., 2015. Estimating cost of equity in project discount rates using the capital asset pricing model and Gordons wealth growth model.International Journal of Mining, Reclamation and Environment, pp.1-15. Nhleko, A.S. and Musingwini, C., 2016. Estimating cost of equity in project discount rates: comparison of the Capital Asset Pricing Model and Gordon's Wealth Growth Model.Journal of the Southern African Institute of Mining and Metallurgy,116(3), pp.215-220. Penman, S.H., 2015. Valuation models.The Routledge Companion to Financial Accounting Theory, p.236. Wang, P. and Brand, S., 2015. A new approach to estimating valueincome ratios with income growth and time-varying yields.European Journal of Operational Research,242(1), pp.182-187.

The Road to Maturity Essay Example

The Road to Maturity Essay Natalie Bell Mrs. Myers AP English 2 December 2010 The Road to Maturity â€Å"I stood there a-looking at him; he set there a-looking at me, with his chair tilted back a little. I set the candle down. I noticed the window was up; so he had clumb in by the shed. He kept a-looking me all over† (p28). Throughout a people’s life, there are many individuals that make, shape and influence them into who they will become in the end. Whether it is a parent, a guardian, a teacher, a boss, or friend, those people are influential. In the book Adventures of Huckleberry Finn, written by Mark Twain, the conflict and struggles Huck faces with the adults in the novel spurs on his development of self-awareness and maturity. First of all, at the start of the book, Huck is influenced by Miss Watson. She attempts to â€Å"civilize† Huck. â€Å"She put me in new clothes again, and I couldn’t do nothing but sweat and sweat, and feel all cramped up† (p11-12). The clothes symbolize a sense of imprisonment for Huck. He is so used to being in rags that are loose on him, that when Miss Watson cleans him up and dresses him in nicer, tighter fitting clothes, he does not feel like himself. After supper she got out her book and learned me about Moses and the Bulrushers † Miss Watson is a very religious woman and believes that it is beneficial to Huck that he learn all that he can about religion. There is also hope that he will change from a wild child to a respectable young man. Huck is apposed to his o ld ways of being a rebel and doing what he wants, but at the same time he wants to become a respectable young man. Part of him does not like being told what to do, what to wear, and what he should know, but a part of him likes having the attention. We will write a custom essay sample on The Road to Maturity specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The Road to Maturity specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The Road to Maturity specifically for you FOR ONLY $16.38 $13.9/page Hire Writer He was abandoned by his father, something that most children do not deal well with. So the fact that Miss Watson is taking time to try and fix his faults and care for him make Huck feel wanted by someone. Secondly, Huck’s father is a very important part of his life. â€Å"And looky here-you drop that school, you hear? I’ll learn people to bring up a boy to put on airs over his own father and let on to be better’n what he is. † Huck’s father is a jealous and cruel man. He does not want Huck to be smarter or more important than himself. This gives Huck a desire to be different than his father and to learn how to read and write. He does not like what his father has turned into, so the fact that he is able to write and read gives Huck a sense of hope. Hope that he will not turn into his father as he gets older. â€Å"By and by he rolled out and jumped up to his feet looking wild, and he see me and went for me. He chased me round and round the place with a clasp knife†¦Ã¢â‚¬  When Huck’s pap gets drunk, he becomes a mad man. It is these moments that Huck is most scared of his father. He is afraid that his father has lost himself completely and he is also scared for his own life. This is actually somewhat beneficial for Huck. He learns how to protect himself and how to get out of sticky situations. Lastly, Huck’s life is changes the most because of Jim. â€Å"It’s a dead man. Yes, indeed; naked, too. He’s ben shot in de back. I reck’n he’s ben dead two er three days. Come in, Huck, but doan’ look at his face-it’s too gashly. † Jim is protecting Huck from seeing the dead man and saving Huck from having nightmares. Like Miss Watson, Jim is looking out for Huck’s well-being. Even though Huck is very curious about who the dead man, he doesn’t make a big deal out of it. He understands that some things are just not meant to be seen, and he respects Jim decision on that. â€Å"I tried to make out to myself that I warn’t to blame, because I didn’t run Jim off from his rightful owner; but is warn’t no use, conscience up and says, every time, â€Å"But you knowed he was running for freedom, and you could ‘a’ paddled ashore and told somebody. † Huck is struggling with the decision of turning Jim in or not. Jim is his friend but Jim is also a runaway slave. In the end, Huck goes with what he knows is right, and does not turn Jim in. This shows that through all he has been through, Huck has grown in maturity. In conclusion, Huck becomes more mature and self-aware by experiencing conflict and going through struggles with the adults in â€Å"The Adventures of Huckleberry Finn. He was taught how to be a gentleman by Miss Watson, self defense and how to not lose hope on his dreams because of his father and how to be a friend and to respect other’s decisions because of Jim. Each person made him stronger, and helped him find himself. As spoken by Eleanor Roosevelt, â€Å"A mature person is one who is does not think only in absolutes, who is able to be objective even when deeply stirred emotionally, who has learned that there is both good and bad in all people and all things, and who walks humbly and deals charitably. †