Friday, May 8, 2020
Synthesis Essay Topics About History - Themes and Subjects That Can Help You Make A Good Decision
<h1>Synthesis Essay Topics About History - Themes and Subjects That Can Help You Make A Good Decision</h1><p>You might be keen on composing an exposition or composing a proposal that will assist you with settling on a choice on which school you will join in. This is on the grounds that there are numerous schools that offer various types of instruction to the individuals who are intending to go on with their studies.</p><p></p><p>If you need to explore for a subject that is intriguing to you, there are a great deal of colleges and universities that you can select at and have a ton of themes to browse. Actually, looking at the situation objectively, the greater the school or college, the more points that they will permit you to compose your combination paper about.</p><p></p><p>Of course, you should check whether they will permit you to utilize a specific subject or topic that you definitely think about or will be keen o n. The theme that you pick could assist you with seeing how great your decision will be for you.</p><p></p><p>If you have some issue getting data in regards to the subjects that are required to get into a specific school or college, at that point you ought to pick the ones that won't expect you to go into a customary homeroom setting. Nonetheless, on the off chance that you have some level of accomplishment in your field, at that point you may have the option to take it in to the customary school setting, which would be acceptable. It would assist you with seeing that you are in fact fruitful at what you do, in such a case that you don't have any chances to deal with a couple of subjects, you would not have the option to progress.</p><p></p><p>If you are keen on composing a paper or proposition about the history subject, you would not need to stress a lot of in light of the fact that this is only one of the points that you can have at the forefront of your thoughts. For instance, on the off chance that you are keen on contemplating the political patterns ever, you ought not stress. There are heaps of understudies who are similarly as enthusiastic about history as you are.</p><p></p><p>So, on the off chance that you are reading for the structure in school or on the off chance that you need to search for a blend paper subjects about history, you can generally remember that you should just pick themes that you are keen on. For instance, on the off chance that you are keen on considering the settlements in New England, you can pick subjects that are more recorded instead of contemporary.</p><p></p><p>The most significant thing for you to recall while picking the theory theme is to ensure that it doesn't require a lot of research. By making the examination simple, you will spare time and exertion. You will have the option to accomplish better evaluations in your subject on the off chance that you put your energy into it in order to all the more likely set yourself up for the essays.</p>
Cost Effectiveness of Dialysis for ESRD Patients
Cost Effectiveness of Dialysis for ESRD Patients From 2002-2009 diabetic nephropathies spoke to 41% of all end-stage renal (ESRD) patients in St. Lucia, which is fundamentally higher when contrasted and worldwide circulation. Renal swap treatment for ESRD is asset concentrated, expending a noteworthy piece of the wellbeing spending plan. Budgetary weights on the wellbeing framework keep on expanding even with the worldwide money related emergency, yet cost-adequacy investigations of ESRD treatment alternatives are rare as well as nonexistent in the Eastern Caribbean. A review way to deal with information assortment was utilized and a Markov model of cost, personal satisfaction and endurance will be created to think about hemodialysis and pharmaceutical administration of ESRD among diabetics. Small scale costing was utilized to evaluate the expense of hemodialysis for ESRD over the multi year time frame. While starter discoveries have not distinguished whether hemodialysis for diabetic nephropathy is savvy the monetary weight of hem odialysis for diabetic nephropathy was noteworthy: EC$6.9 million, in St. Lucia for the multi year time frame. Pre-emptive methodology should be considered for the treatment of diabetes to postpone beginning or movement of ESRD. From a clinical just as financial point of view, anticipation is the most savvy mediation. The wellbeing framework in St. Lucia needs to concentrate consideration on viable anticipation systems as the mean age among diabetic ESRD patients is 56 years (2.3SD). This age bunch is illustrative of a huge piece of the countrys work power and, whenever left unchecked, could have genuine ramifications for monetary turn of events. Presentation End-stage renal illness (ESRD) and its forerunner, interminable kidney ailment (CKD), are all around developing as a noteworthy general medical issue, with expanding horribleness and mortality just as financial ramifications for human services (Szucsa et al., 2004). The World Health Organizations 2002 gauge showed that all around CKD adds to more than 850,000 passings and more than 15 million handicap balanced life years, with pandemic ascent of ESRD in different locales on the planet (WHO, 2003). The report additionally anticipated that by 2010 in excess of 2 million individuals would require upkeep dialysis around the world, and worldwide appraisals demonstrate that roughly 30% of patients with ESRD endure as an outcome of diabetic nephropathy (Zelmer, 2007). The monetary weights of ESRD treatment on the aggregate wellbeing framework are all around recorded. Haller, et al. (2011) recognizes it as asset concentrated, requiring generous measures of limited social insurance assets to treat a little level of the populace. In 2005 alone, care for ESRD patients in Canada spoke to 1.2% of all medicinal services use, regardless of a 0.092% occurrence of the illness (Zelmer, 2007). In St. Lucia, incessant renal inadequacy because of diabetes, hypertension, autosomal prevailing polycystic kidney sickness, and sickle cell malady are the primary purposes behind beginning dialysis treatment in patients with kidney work disappointment. This is like the discoveries of Peroviã ¡ and Jankoviã ¡ (2009). Notwithstanding being a ceaseless illness with noteworthy dreariness sway, ESRD additionally includes significant expense treatment choices (Zelmer, 2007), which are regularly constrained in creating nations, for example, St. Lucia. However cost-adequacy investigations of the modalities of treatment are not many and constrained, particularly in creating nations (Haller, 2011). Past research has been led to distinguish the monetary effect of the evaluated human services costs for ESRD, just as the cost-adequacy of different choices for renal substitution treatments; be that as it may, comparable examinations have not been repeated in the Eastern Caribbean. The discoveries are particularly pertinent to the wellbeing framework in St. Lucia, as the occurrence of diabetes keeps on expanding in the Caribbean Region (Henry, 2004). Furthermore, the ongoing choice to extend the dialysis administration to two new offices without understanding the extension and size of the all out financial weight of ESRD could end up being testing. Cost-viability is the quickest developing field in wellbeing exploration and it encapsulates a type of full monetary assessment that takes a gander at cost and result of wellbeing projects or treatment (Muennig, 2008). Cost-viability examination (CEA) of mediation programs as an important device utilized by leaders can be utilized to evaluate just as potentially improve how the wellbeing framework works. Its application permits strategy creators to recognize which mediations give the most noteworthy incentive to cash and help with assisting with choosing intercessions and projects that boost wellbeing for the accessible assets. Wellbeing financial specialists can buy the most wellbeing under a fixed spending plan, organizing administrations inside the wellbeing part. CEA hence expects data to demonstrate the degree to which present and potential mediations are compelling for improving populace wellbeing, and which assets are required to actualize the intercessions, i.e., costs (Muenn ig, 2008). Alluding to Palmers 2005 definition that states cost-viability contemplates contrast costs and clinical results estimated in common units, similar to future or long periods of illnesses stayed away from, Glassock (2010) noticed that the totality of expenses may not really be caught. The consideration of cost implies that the structure of the examination will join cost-unit investigation as an apparatus to inspect the financial effect of dialysis for ESRD patients with diabetes and cost adequacy to decide the quality balanced life year (QALYs) or wellbeing related personal satisfaction (HRQoL) for that populace. The primary result measure will concentrate on costs per quality-balanced life years ($/QALYs), like an examination led in Austria (Haller et al., 2011). Glassock (2010) noticed that network ability to-pay is the limit esteem used to decide cost adequacy. He proceeds to take note of that these qualities fluctuate all around, and are evaluated at à £30,000/QALY in the United K ingdom, 40,000/QALY in Europe, Aus $50,000/QALY in Australia, and US $90,000/QALY in the United States (Glassock, 2010). Without a national edge esteem, one can be built up utilizing GDP as a goal financial benchmark, (Eichler, et al., 2004). Cost will be seen from the point of view of direct spending on social insurance for dialysis, combined with the roundabout expenses of efficiency misfortunes because of sudden passing and short-and long haul handicap. The effect of mortality costs as the aggregate of the limited present estimation of present and future efficiency misfortunes from unexpected losses will be estimated from an occurrence based human capital methodology, drawing from a comparable report directed in Canada in 2000 (Zelmer, 2007). Muennig (2008) sets that since it is regularly hard to represent all expense, and the time and asset limitations related with small scale costing, certain suppositions identified with costs are frequently made during cost-viability examination. This paper serves to look at the cost-viability of hemodialysis among type 2 diabetics in St. Lucia over a multi year time frame (2002-2008). Utilizing the utilization of CEA, it targets looking at the expense and impacts or results (cost-viability) of hemodialysis for diabetic nephropathy utilizing the comparator of sitting idle, which for this situation is the pharmaceutical administration of patients with diabetic nephropathy to postpone movement of ESRD. The discoveries will likewise assist with advising those creation approach choices, and might be valuable in building up a lot of needs for additional exploration, counteraction programs, and in the arranging of elective medications to help reduce that trouble. Viewpoint of the Study Cost viability of dialysis for ESRD patients with diabetes in St. Lucia will be broke down from an administration viewpoint. This requires leading cost investigation that gauges the common immediate and backhanded expense of offering the assistance. In the area, explicitly in the nation under investigation, medicinal services associations once in a while know the expense of the administration gave and infrequently utilize the instruments expected to evaluate that cost all the time. In a comprehensively working financial society, monetary patterns have made it basic for both benefit and non-benefit associations that offer types of assistance, including government offices, to survey the expense of clinical administrations gave. Money for wellbeing isn't endless and with considerable spending cuts in the wellbeing administration industry, there is expanding pressure for medicinal services offices to turn out to be increasingly responsible and productive with the assets allotted to socia l insurance (Basch, 1999). Wellbeing financial matters perceives the requirement for wellbeing administrations to be given in a way that isn't just productive however feasible. Estimating, understanding and archiving the expense of administrations makes it simpler to improve cost-proficiency of these administrations; it likewise features the subsidizing needs of the part and by expansion, the legislature. It additionally gives a chance to set up expenses for customers that depend on sensible site costs. Past investigations on cost-adequacy of treatment choices for ESRD have analyzed various modalities of dialysis or transplantation (Haller et al.; Gonzalez-Perez et al., 2005, Yang et al., 2001). Treatment modalities for ESRD patients in St. Lucia are either hemodialysis or pharmaceutical administration. The examination of hemodialysis versus pharmaceutical administration to defer ESRD movement depends on the way that the present limit of the Renal Unit in St. Lucia can't give dialysis to all ESRD patients. In a meeting dated December 14, 2010 with the leader of the Nephrology Unit, Victoria Hospital, Saint Lucia, it was demonstrated that while dialysis is offered, the expanding ESRD populace implies that patients are put standing by in the event that they can't begin treatment because of inaccessibility of room (Olivert Dupree, 2010). On the off chance that a patients guess requires imm
Pride And Prejudice Elizabeth And Mr Darcy Essay Example For Students
Pride And Prejudice Elizabeth And Mr Darcy Essay Elizabeths veiw of Mr. Drcy was first shaped at the primary ball, he was chosen to be the proudest,most obnoxious man on the planet, and everybody trusted he could never come there again. There at the ball Mr.Bingley prompted Mr.Darcy, as he was standing all alone,to hit the dance floor with Miss Elizabeth and wished to present her yet Mr. Darcy said,She is tolerable,but not attractive enough to entice me;and I am in no cleverness at present to offer result to youngsters who are insulted by other men. This annoyed Elizabeth and when she met Charlotte after the ball , What is Elizabeths initial introduction of Mr.Darcy? Is it justified?Elizabeth advised her , I could excuse his pride ,in the event that he had not embarrassed mine.Elizabeth considers Mr. Darcy as the most obnoxious man.However,I think she hasnt supported her assessment of Mr.Darcy since when Mr,Wickham informs her regarding Mr.Darcy and his relationship,she never attempts to discover the opposite side of the story yet judjes Mr. Darcy from just what she got notification from Mr.Wickham.
Writing a College Admission Essay - Why You Should Write Your Own
<h1>Writing a College Admission Essay - Why You Should Write Your Own</h1><p>Writing a confirmation paper can be one of the most scary things you need to do, however it doesn't need to be the point at which you realize how to compose a legitimate US school affirmation article. In the event that you can't do that, don't worry.</p><p></p><p>It's anything but difficult to compose a school confirmations exposition by and large, however the explanation the vast majority of us battle is on the grounds that we simply don't think enough about school affirmations. The greater part of us don't have the foggiest idea how to compose a decent article - and we aren't simply placing our feelings and predispositions into it. We are composing to get into an extraordinary college.</p><p></p><p>College confirmations papers can be the contrast between secondary school understudies heading off to an incredible college and those going to th e one that is half as extraordinary. The application procedure for school is an incredibly long one, and it ought not be trifled with, yet you don't need to be an expert article writer.</p><p></p><p>There are a wide range of kinds of school papers that you can use to help make your school exposition unique in relation to everybody else's. The most widely recognized kinds of exposition points incorporate history, writing, or craftsmanship. These kinds of articles may appear to be befuddling to new authors, however they are easy to write.</p><p></p><p>For model, history papers are expounded on any theme ever, for example, the Declaration of Independence, Ayn Rand's Atlas Shrugged, or the printing business. Writing expositions regularly address probably the best books, plays, and artists of all time.</p><p></p><p>Writing an article about workmanship, history, or writing can be significantly more muddled than compos ing an affirmation paper for a school, however it isn't so troublesome as it sounds. Nearly anybody can compose a fair article - yet they need to set aside the effort to comprehend the standards of the game.</p><p></p><p>Writing your own school affirmation exposition isn't so troublesome as it sounds. Indeed, you will find that it is a lot simpler than composing your school acknowledgment letter. You needn't bother with an extravagant degree, you don't have to recruit a professional writer, and you don't have to employ somebody to assist you with arranging your contemplations and ideas.</p><p></p><p>You can figure out how to compose a school affirmation article with almost no exertion. There are many various examples out there that you can utilize, and interestingly, you realize where to discover them.</p>
Thursday, May 7, 2020
Economics Is The Fundamental Force - 1592 Words
No matter who you are, economics is integral to everything you do. The decisions one makes as a consumer, employee, and voter impact his or her life in multiple aspects, often in ways that are not obvious. The allocation of resources by companies, the government, and other people can alter your economic opportunities greatly, and thus it is essential to understand how the choices that not only you, but everyone and everything else makes, will alter your future. Doing so can can greatly enhance your economic opportunities, while not being aware, and making poor economic decisions, can greatly diminish your future economic well-being. Every choice you make involves economic decision-making, and will affect what opportunities you have laterâ⬠¦show more contentâ⬠¦In turn, this will increase the demand for goods needed to make more cars, such as rubber and metal. In addition, even more workers are hired to make cars (at least for a time), thus creating even more jobs. In this way, your and everyone else s decision to consume cars has stimulated a portion of the economy. Perhaps this stimulation results in an opportunity for you to gain a better job, thus gaining you a higher wage, and raising your standard of living. This is entirely hypothetical, yet plausible, scenario of how your contribution to the economy as a consumer could enhance your economic opportunities. Your decision as a consumer can do more than stimulate the growth of a business; it can contribute to the decline of one as well. For example, perhaps you decide that you no longer wish to eat meat, and decide to go vegetarian. This may seem like a relatively personal, and inconsequential decision, yet it is actually very influential. If a large number of people decided to become vegetarian, the meat industry would take a direct hit: obviously, there would be less meat demanded, and profits would decrease. Furthermore, as less people demanded meat, the price would go down, as less people purchase d meat and it became harder to sell. Another effect this newfound vegetarianism would have is due to cross-price elasticity of meat and vegetables. As the demand of meats goes down, the price of vegetables and grains would likely go up, as more are demanded.
Wednesday, May 6, 2020
Exxon Mobil Stock Analysis Free Essays
STOCK ANALYSIS REPORT ââ¬â Exxon Mobil Corporation (XOM) ââ¬âAugust 15th , 2011 [pic] Industry: Oil and Gas Operations Sector: Energy Recommendation: SELL Price: $74. 29 (as ofà à August 15th 2011, 4:00pm ET) Intrinsic Value: $52. 10 or 42. We will write a custom essay sample on Exxon Mobil Stock Analysis or any similar topic only for you Order Now 6% overvalued Fundamentals Grade: A Investment Style: Large Cap Blend CORPORATE INFORMATION [pic] Location: 5959 Las Colinas Boulevard Irving, TX 75039 Phone: 972-4441000 Fax: 972-4441348 Web Site: http://www. exxonmobil. com/ Employees: 83,000 Exchange: NYSE BUSINESS SUMMARY Exxon Mobil Corporation (Exxon Mobil) through its divisions and affiliates is engaged in exploration for, and production of, crude oil and natural gas, manufacture of petroleum products and transportation and sale of crude oil, natural gas and petroleum products. â⬠¢ ExxonMobil is the largest integrated oil company, with operations in over 200 countries. This globally diversified enterprise produces superior returns in its business segments when compared to other major oil and gas companies. â⬠¢ Exxon has a strong balance sheet with a cash position of approximately $13B and 0. 7 Debt-to equity. Exxon has the liquidity and credit to invest in high return projects around the world. â⬠¢ Prices for oil and gas are expected to rise in the foreseeable future. Emerging market growth and increasing need for energy will place upward pressure on prices. Exxon will benefit as the worldââ¬â¢s largest oil and gas company (by reserves, excluding national oil companies). The average industry return is 27%, which is greater than that of SP500 (21%). â⬠¢ Exxonââ¬â¢s all-stock purchase of XTO Energy is dilutive to share holders and not expected to increase EPS in 2011 or 2012. Exxonââ¬â¢s size and breadth of operations make it difficult to find investments large enough to produce market beating growth. We expect Exxonââ¬â¢s growth to slightly lag the overall economy, especially smaller exploration and production companies that have better investment opportunities relative to their size. â⬠¢ Exxonââ¬â¢s inability to organically replace reserves means that it must acquire oil and gas assets to supply its operations with replacements for the reserves it consumes. Acquired assets will likely come at a higher price and produce a lower return. Production from Exxonââ¬â¢s Upstream segment (exploration and production of oil and gas) has been declining (down 30% since 2006). While the acquisition of XTO will replace some of this lost production, it i s expected that the company will continue to experience declining production from its existing fields. KEY STATISTICS |Market Cap (intraday)5: |360. 57B | |Enterprise Value (Aug 17, 2011)3: |363. 1B | |Trailing P/E (ttm, intraday): |9. 78 | |Forward P/E (fye Dec 31, 2012)1: |8. 21 | |PEG Ratio (5 yr expected)1: |1. 32 | |Price/Sales (ttm): |0. 91 | |Price/Book (mrq): |2. 0 | |Enterprise Value/Revenue (ttm)3: |0. 93 | |Institutional Ownership |49. 12% | |Earnings Yield |9. 28% | |Return on equity (RoE) |24. 69% | |36 month Beta |0. 9 | |Dividend Yield |2. 48% | |Profit Margin |8. 51% | |Current Ratio |0. 97 | |Debt to equity ratio |0. 07 | [1]Source: Yahoo finance; http://ycharts. om/companies/XOM/return_on_equity ANALYSIS Exxon Mobil (XOM) is the largest market capitalized oil company in the world which in 2008 obtained the highest quarterly and annual profit in United States history. The Company plans to invest $125 billion over the next five years to develop new technology, d eliver new Upstream projects, increase refining capacity, and grow their Chemical business. Exxon Mobilââ¬â¢s revenue and profit have increased 60% and 79% respectively in the last 5 years. The Company exhibits a healthy profit margin and return on equity of 8. 51% and 20. 4% respectively and maintains an above average earnings yield of 10. 27%. Exxon Mobil has plenty of liquidity enabling the Company to pay all its long-term debt in less than three months on profit alone. Exxon Mobil is valued at $52. 1 as of August 15th 2011. The Company is 42. 61% overvalued for the current price of $74. 29. The PB ratio is slightly above the industry average of 2. 0. Risks to Exxon Mobil include depreciating reserves, decreasing number of new oil fields, adverse environmental impacts, government regulations, geopolitical risks, market volatility, macroeconomic difficulties, etc. Balance Sheet The balance sheet of XOM is pristine. Debt comprises only 9% of total capital, and in a business that is very capital intensive, thatââ¬â¢s a great sign. The current ratio is low at 0. 94, slightly lower than the generally accepted ââ¬Å"safeâ⬠level of 1. $30 billion in earnings in 2010 is more than enough to repay the roughly $15 billion in total debt the company has in only a few years. Return on Equity The return on equity closely followed the rise of oil prices up until 2008, the fall in 2008- 2009 and the subsequent increase ever since. Right now Exxon-Mobil has a high return on equity of 20%. Given the high oil prices, I expect ROE to reach its 2008 highs this year. Rather than focus on absolute values for this indicator, I generally want to see at least a stable return on equity over time. Dividends Exxon Mobil has paid an increasing dividend for the past 27 years, and according to their website, averaged 5. 7% over that time period. The most recent increase came on April 27 of this year, when they raised the quarterly payout 6. 8% from $0. 44 to $0. 47 a share. This is an annual raise from $1. 74 to $1. 88, or 8%. Projections: 2011 2012 2013 2014 2015 Dividends Per Share $1. 4 $2. 00 $2. 04 $2. 07 $2. 10 Dividend Growth 11. 7% 2. 7% 2. 4% 1. 3% 1. 3% DIRECT COMPETITOR COMPARISON | |COP |CVX |XOM |Industry | |Market Cap: |91. 75B |195. 65B |360. 57B |26. 52B | |Employees: |29,900 |62,000 |83,600 |11. 00K | |Qtrly Rev Growth (yoy): |45. 70% |30. 60% |36. 30% |8. 0% | |Revenue (ttm): |210. 76B |216. 90B |392. 72B |18. 63B | |Gross Margin (ttm): |23. 43% |32. 58% |31. 45% | 32. 51% | |EBITDA (ttm): |28. 78B |45. 90B |65. 78B |4. 19B | |Operating Margin (ttm): |9. 46% |15. 07% |12. 74% |11. 65% | |Net Income (ttm): |11. 3B |23. 01B |37. 93B |N/A | |EPS (ttm): |7. 93 |11. 45 |7. 59 |2. 46 | |P/E (ttm): |8. 43 |8. 53 |9. 78 |12. 94 | |PEG (5 yr expected): |6. 21 |1. 61 |1. 32 |1. 14 | |P/S (ttm): |0. 43 |0. 90 |0. 91 |1. 39 | P/E ratios are higher for firms with strong growth prospects, other things held constant, but they are lower for riskier firms. All the three companies have P/E lower than the Industry average. Profit margin is very useful when comparingà companies in similar industries. A higher profit margin indicates a more profitable company thatà has better control overà its costs compared toà its competitors. Here again, XOM has a relatively good control of cost. As per the comparison of the ratios with industry average, Exxon Mobil is high performing company with higher ratios than industry standards. Current Market Price (as of 08/17/11) of the Stocks: |à Company name |Current Market Price | |Chevron Corp |$92. 02 | |ConocoPhillips |$62. 29 | |Exxon Mobil |$74. 29 | EXXON MOBILââ¬â¢S INTRINSIC VALUE: â⬠¢ Current US 90 days Treasury Bill ââ¬â Rate of Return: 3. 5%à â⬠¢ Historical return on long term Treasury Bond = 5. 8% â⬠¢ Long term risk free rate = rRF = 5. 8% (historical return) Return for the market or an average stock(rM): For this project, it is assumed that the historical rate of return for the SP500à is same as the market risk = 10. 4%. I am using CAPM method to estimate the market risk premium and calculating the historical risk premium by comparing historical to historical rates. The historical risk premium is 10. 4 -5. 8 = 4. 6% Required Return on Common Stock Required return on common stock (rS) for Exxon Mobil rS = rRF + (rM ââ¬â rRF)*b = 5. 8% + (10. 4% ââ¬â 5. 8%) * 0. 49 à à à à à à à à à à à à à à à à à = 8. 05% Dividend Growth Model: Common stocks provide an expected future cash flow stream, and a stockââ¬â¢s value is found as the present value of the expected future cash flow stream. The expected final stock price includes the return of the original investment plus an expected capital gain. The expected cash flow consists of two elements: 1. the dividends expected in each year. 2. the price investors expect to receive when they sell the stock. Formula1:à à à à P hat 0 = D1/rS ââ¬â g Where P hat 0 = intrinsic value of the stock today as seen by the investor D1 = D0 (1 + g) = expected dividend in the first year. D0 = recent dividend paid g = expected dividend growth rate. rS = required rate of return Formula2: r hat S = D1/P0 + g Where r hat S = expected rate of return D1/P0 = expected dividend yield P0 = actual market price of the stock today. g = expected growth rate or capital gains yield. One would buy the stock only if expected rate of return is equal to or greater than required rate of return. For Exxon Mobil: D0 = $1. 8; g = 5. 7 %; rS = 8. 05% P0 = 1. 38 (1+ 0. 057)/ (0. 085 ââ¬â 0. 057) = 1. 457/ 0. 0280 = $52. 1 The current price is greater than intrinsic value, the Exxon Mobil stock is overvalued by $22. 20 r hat S = 1. 96% + 5. 7% = 7. 66% The expected rate of return is less than required rate of return, which means investor will not buy. Conclusion: SELL Comparing the averaged value of $52. 10 a nd the closing price on 08/15/11 of $74. 29, XOM is adversely overpriced price, with an approximate 42. 6% difference. At this point in time, I think Exxon Mobilââ¬â¢s risks outweigh the potential opportunity here. While I feel the dividend is safe (at a 25% payout ratio) and the current yield is adequate (2. 48%), the Companyââ¬â¢s ability to increase the payout and create outsized returns for investors is limited by the Companyââ¬â¢s cyclical market and weak consensus estimates. Sources: â⬠¢ http://financialanalysisonline. com/ â⬠¢ http://www. thedividendpig. com/? p=1395 â⬠¢ http://investing. money. msn. com/investments/stock-price? symbol=xom â⬠¢ http://www. stock-analysis-on. net/NYSE/Company/Exxon-Mobil-Corp/Valuation/Ratios#Current-Valuation-Ratios â⬠¢ http://www. dailyfinance. com/2011/08/08/big-oil-outlook-major-oil-stocks-with-bullish-opti/? ource=TheMotleyFool â⬠¢ http://www. exxonmobil. com/Corporate/Files/news_pubs_sar_2010. pdf â⬠¢ http://www. exxonmobil. com/corporate/investor_dividend. aspx â⬠¢ http://ycharts. com/companies/XOM/price_to_book_value â⬠¢ http://financialanalysisonline. com ââ¬âââ¬âââ¬âââ¬âââ¬âââ¬ââ⠬âââ¬â [1] 1 Data provided by Thomson Reuters 2 Data provided by EDGAR Online 3 Data derived from multiple sources or calculated by Yahoo! Finance 4 Data provided by Morningstar, Inc. 5 Shares outstanding is taken from the most recently filed quarterly or annual report and Market Cap is calculated using shares outstanding. 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