j advertisements for new employees directly to an Internet job bank or a newspaper).
It is more helpful to tell readers what they should do. Finally, Neils rst memo closed
with a threat instead of showing readers how this new practice will help them.
mew. o. i .
tone was belligerent; the writer assumed that
the company intentionally mischarged him.
Furthermore, he failed to tell the reader how to
remedy the problem. The revision, also shown
in Figure 6.5, tempered the tone, described the
Key the following memo using correct memo format, making the editing changes indicated by the
proofreaders marks. Add any necessary parts that have been omitted. Turn in your completed memo
and please hand back this handout.
Semicolons and Colons Name ._ All/Will K163174510!
Semicolons are used to separate two related independent clauses when (a) a coordinating
conjunction (and, but, or, nor) has been omitted or (b) when a transitional expression (such as
TO: Trail Design Task Force
FROM: Dianne Gibson
DATE: June 26, 2017
SUBJECT: Trail Design
Thank you for participating in the Trail Design meeting last week. I think we made a tremendous amount
of progress on this exciting project. Specific sights wer
Three Simple Techniques
to Eliminate Wordiness Name
Good writing gets to the point quickly and uses concise, well- worded sentences to
communicate ideas. By integrating the following three simple strategies into your
writing, your prose will be tighter an
Revising for Conciseness Name
Eliminate wordiness in the following sentences. Look for long leadins, redundancies, clichs,
noun conversions, needless repetition, and other wordy constructions.
1. This is to inform you that a great percentage of employee
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1. ly v d v Surplus unit -> Finacial market -> Financial intermediary ->
2. im ging v khc nhau ca Preferred stock v Longterm bond
3. 1 doanh nghip pht hnh commercial papers to raise fund th firm ang
tham gia financial market no ( primar
"Finance" Bodie and Merton
INTRODUCTION TO FINANCE?
What Finance is and What is involved in
the study of Finance
How financial systems
work in general
1 Defining Finance
2 Five core principles of finance
3 Financial Decisions
Expected Utility Theory
we have talked about individual decision making in
the absence of uncertainty
in reality, we usually make decision under uncertainty
1. uncertainty from product quality (second-hand
PROBLEM SET: Binomial Option Pricing
Exercise 1. Call option 
A stocks current price is $160, and there are two possible prices that may occur next period: $150 or $175.
The interest rate on risk-free investments is 6% per period.
1. Assume that
Sh t i