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FCS195H1 Lecture Notes - Lecture 4: The Stone Breakers, Gustave Courbet, Maple Syrup

79 views7 pages
peachbadger963
21 Nov 2011
School
UTSG
Department
French
Course
FCS195H1
Professor
Papillon

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Document Summary

Charles turns out to be nothing special instead of thinking that the stories are wrong, she believes charles is wrong and goes around to find a new man who will be better: she ends up killing herself. Emma tried to find out what one meant exactly by the words bliss, passion, ecstacy . Themes in romanticism: emotions, love, dispair, having an emotional life. Bovarysm: desiring something unrealistic a state of social or emotive dissatisfaction due to unrealizable goals. Realist novel: descriptions, faithful portrait of rural life, follows each event to its logical conclusion, does not give emma the happy ending she was wishing for. Romanticism tended to start being very dramatic because it focused on emotion and would tend to get carried away. Realism most often ends in sad endings. Naturalism: uses methods of science developed by science, believes the novelist"s role to be, to observe, to experiment, zola"s method, theme hypothesis proof, literature = tool to obtain social knowledge.

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Related Questions

Charles has the following information about his firm, Gas Co. The equity beta is 1.50 and the stock price is $10. He also knows the T‑bill rate is 5% and the return on the S&P 500 is 15%. The firm is 40% debt financed. Assume the debt has a beta of 0.

a) Find the firm’s cost of capital.

b) Charles has decided to build 4 gas stations in Detroit. The initial construction will cost $1,000,000 and will generate expected cash flows of $120,000 forever. Charles believes the covariance between the returns on the project and the returns on the market is 20%. He also believes that the standard deviation of the market is 40%. The project is expected to return 15%.

- If Gas Co. uses the company cost of capital for accepting projects, will it build the stations? Why? (Assume the company's cost of capital is the number you determined in part a).

- Based on the CAPM, should Gas Co. build the shops? Why?

c) Sara is a real estate expert. She advises Charles to diversify his investments by building in Detroit, Atlanta, Boston, and San Diego. Charles claims this is unnecessary because he has diversified by investing in 4 different stations in Detroit. Why might Charles be better diversified by taking Sara's advice?

Charles has the following information about his firm, Gas Co. The equity beta is 1.50 and the stock price is $10. He also knows the T‑bill rate is 5% and the return on the S&P 500 is 15%. The firm is 40% debt financed. Assume the debt has a beta of 0.

a) Find the firm’s cost of capital.

b) Charles has decided to build 4 gas stations in Detroit. The initial construction will cost $1,000,000 and will generate expected cash flows of $120,000 forever. Charles believes the covariance between the returns on the project and the returns on the market is 20%. He also believes that the standard deviation of the market is 40%. The project is expected to return 15%.

- If Gas Co. uses the company cost of capital for accepting projects, will it build the stations? Why? (Assume the company's cost of capital is the number you determined in part a).

- Based on the CAPM, should Gas Co. build the shops? Why?

c) Sara is a real estate expert. She advises Charles to diversify his investments by building in Detroit, Atlanta, Boston, and San Diego. Charles claims this is unnecessary because he has diversified by investing in 4 different stations in Detroit. Why might Charles be better diversified by taking Sara's advice?

all together about 1400 words, mla form and keep intext citations to a min.

Topic 1:

While it is traditionally held that Marx and Engels were against capitalism and thus the industrial revolution, an argument can be made that both men could believe industrialization was a positive development. Using The Communist Manifesto, explain how this argument could be true.

Topic 2:

Define "Realism" as a major art movement during the nineteenth century. Google images of Courbet, such as “The Stone Breakers” and “Burial at Ornans.” Courbet used to brag that he was known as “the first socialist painter.” Explain how Courbet’s paintings reflect the philosophy of Realism as a response to the Industrial Revolution.

Topic 3:

Why did the Dostoevsky’s Underground Man succumb to inertia (paralysis)? His central conflict seems to be between his ability to exercise free will and the insistence by scientists that his will is determined by his genetic makeup. Consider the Underground Man’s assertion that that free will can cause paralysis because people are afraid to take responsibility for their actions. Also consider how the “laws of nature” can be used as an excuse for lack of character and personal failures.