Did a student create a thread on the discussion forum?
Replying Activities
10
Did a student reply at least once to another student’s thread?
Writing Structure
10
Did a student write their argument in an organized structure?
1)Start with an agreement or a disagreement (or any directions)
2)Argue their opinions based on competing reasons
3)Cite articles properly (both in-text and at the end of the
writing)
Understanding Core Concepts
10
Did a student paraphrase the core concepts in questions based
on course materials?
Supporting Examples
60
Did a student suggest supporting examples or illustrations for
their argument?
Did a student properly cite academic articles to support their
arguments?
Total
100
•For “Understanding Core Concepts,” only textbook concepts are allowed.oDo NOT include extra citations in this part.oYou can freely use any concepts in the textbook without in-text citations. If needed, include (B&M, p. ###).oYou MUST include fully paraphrased definition(s) or concept(s).oDo NOT simply put it with a “quotation” mark. We will give a zero score for this part if you do it.•“Supporting example” is the most essential part.oYou can include ONE citation to support your argument including real-world examples or illustrations. Please pick the best!▪If you really need to cite multiple or more sources, discuss with your instructor.oDo NOT miss your citation. If you find it, please attach it ASAP using the reply button.oYou need to establish a close connection between your argument and example(s). Explain why this example is closely relevant to the topic and why you think it’s interesting.oDo NOT simply put others’ opinions or sentences with “quotation” marks.oDo NOT get stuck on an unproven thought experiment or a simple description of the concepts. It is not prohibited, but you cannot get full credit. The best thread will include 1) creative arguments, 2) interesting and real-world examples, 3) tight connections made by a student author.•Your grade (up to 100 pts) will be made based on the quality of discussions (thread + reply) and compared to the overall class.oFull credit will be given to only a few students in our class for each DBA.oLengthy posts and/or many replies with no valuable contribution do not guarantee your score.oAlso, discussion activities only made on the last day or a couple of days before the deadline are not recommended. We will give you extra credit if we find a student who actively participates throughout the DBA week and encourages other students to discuss the topic.
- DBA QuestionsLength: < 350 words
Answer the following question:
Q1. See figures 2 and 5 in Graham (2022). These two figures show how CFO responded to 1) capital budget techniques frequently used, and 2) estimation of the cost of equity. Interestingly, it is common for many firms to use NPV/IRR and CAPM. As the author mentioned, a company's finance decision-making does not change as much over several decades. We have already learned many shortcomings of the traditional techniques and models, but why are these techniques adopted in practice? What makes firms exploit these "old" techniques to "current" decisions?
Pick ONE of the important factors or reasons (from this paper or textbook) to fill the gap between our common perception and the practitioner's choice. Then, introduce any real-world example to support your observation.
References: Graham, J. (2022). Presidential Address Corporate Finance and Reality (No. w29841). National Bureau of Economic Research. https://www.nber.org/papers/w29841
Sample Solution