Monday, January 27, 2020

The History Of Pericles History Essay

The History Of Pericles History Essay After winning Persian War of the Greece city-states, Athens became the leader of Greece because of its critical role in the war and its outstanding navy. In 477 B.C., the Greece city-states created the alliance which was called the Delian League. Athens controlled the alliance from the start; it, therefore, collected the tribute, commanded the leagues fleets and dictated policy. From Delos to the Acropolis in Athens, in 454 B.C., Athens moved the league treasury. Athens established an empire through the benefit from controlling the Delian. Athenians enjoyed the great political freedom ever, and Greek culture bloomed. The Athenians leader also undertook the beautify-Athens program because Athens was destroyed by Persians in 480 B.C. Athenians strengthened the defensive walls that connected Athens to the busy port of Piraeus. The building program employed thousands of workers. Athens became the center of Greek culture when many talent artists, philosophers, and poets converged on there. The period following the Persians war has been known as the Golden Age of Athens. Who was the leader of Athens during the Golden Age of Athens? He was the great leader who we have known as Pericles. He ruled Athens from 461 B.C. to 429 B.C. In this paper, we will outline you clearly about Pericles family background, military career, foreign policy and his ideas on democracy. Family background and early life Pericles, the son of Xanthippus and Agariste, was born in Athens in the state of Attica in 494 B.C. into a very distinguished Athenian family. His father, Xanthippusa military leader in the Persian Wars in 479 B.C.attaining hero status as a result, victorious at the battle at Mycale, was the son of one Ariphron and the father of another. Ariphron II was a candidate for ostracism. Xanthippus himself was ostracized in spring 484. Pericles mother, Agariste, was a member of the Alcmaeonid family, famous for its long involvement in Athens political history, which was accused of treachery at the Battle of Marathon. The Pericles family is an old lineage that has migrated all across the world over time, and as the name Pericles has migrated, it has changed making its history a challenge to piece together. This Pericles history and genealogy page contains the accumulated history of the Pericles family name made up of user-contributed content from users like you. Pericles family history has a complex evolution of which Pericles family members have accumulated the particulars over the years. During his middle life, many Sophist philosophers came into Athens, and he seemed to have gained full benefit of the society of Zeno and mainly Anaxagoras, from whom he was said to have learned impassivity in the face of trouble and insult and incredulity about unproven godly phenomena. In 472 B.C. Pericles studied music under Damon and mathematics under Zeno of Elea, which was the best education available. Military career Pericles was a general of Athens during the citys Golden Age known specifically as the time between the Persain and Peloponnesian war. Pericles achieved his military career in many wars, such as battle in Sicyon and Acarnania (454 BC), Second Sacred War (448 BC), expulsion of barbarians from Gallipoli (447 BC), Samain War (440 BC), siege of Byzantium (438 BC), and Peloponnesian War (431-429 BC). Meanwhile, many ancient historians had blamed on Pericles and allies were the causes of Peloponnesian war. Peloponnesian war was a war between Athens and Sparta, the leading city-states of ancient Greece, along with their allies, which included nearly every other Greek city-state. Its principal cause was a fear of Athenian imperialism. The Athenian alliance reliance relied on its strong navy, the Spartan alliance on its strong army. The war fell into two periods, which were separated by a six-year truce. In the meantime, Pericles was a commander of Athenians to fight the war breaking out in 431. In the first 10 years, Archidamus led the Spartans to defeat. Plagur strike Athens in 429 and killed Pericles and much of the army. Pericles technically centered his military policy on Themistocless principle that the majority of Athenians depended on its superior naval power and supposed that the Peloponnesians were near invincible on land. He also began a self-protective,the so-called grand strategy whose goal was the collapse of the enemy and the preservation of the status quo. The two basic principles of the Periclean Grand Strategy were the rejection of appeasement (in agreement with which he advised the Athernians not to withdraw the Megarian Decree) and the prevention of overextension. Foreign policy Notably, after he gained political salience in the 450 B.C. at Athens, Pericles had the idea of expanding and strengthening his empire with not only the neighboring but also the other city-states, which were far from Athens. He, therefore, devoted his attention on the foreign policy as his vital political mechanism, which allowed him to partner with many states even his enemy. At the level of a single city-state, his foreign policy consisted of two main goals. They are, first, continuing military action against the Persian presence in Egypt and the eastern Mediterranean, and second, greater attention to Athenian relations and disputes with other Greek states. To put the matter in another fashion, this foreign policy brought good and bad effect; as a result, the second de facto policy reflected the growing hostility between Athens and Sparta. Throughout the foreign policy, Athens also made the alliances with the Argos and Thessayly, which were Spartas enemies. He also, finally, reache d the truce with the Sparta after battling with either side won the war. Thus, Pericles foreign policy did help to unite not even other states but even the enemy to be friend. Democracy The Persians of Aeschylus was introduced by Pericles at the greater Dionysia as hierurgy, showing that he was rich in Athens in 472 B.C. Pericles choice of the play, which demonstrated a nostalgic picture of Themistocles well-known victory at Salamis, had been argued by Cimon Hornblower. Pericles supported Themistocles to fight against his adversary, Cimon. Plutarch said, democratically, almost forty years, Pericles was the first notable leader among the people in Athens. It meant Pericles had taken a position of leadership by the early 460s B.C. During the years, Pericles tried to conserve his private life and to show himself as a model for his people. For instance, he would often stop holding or joining party and tried to be thrifty. At Areopagus, it consisted of the Athenian aristocracy, which had once had the most powerful leader in the state; the leadership of the Democratic Party decided it was time to take goal in around 462- 461B.C. Ephialeswho was the chief of the party and mentor of Periclessuggested the reduction of the Areopagus power. As a result, the Athenian Assembly, Ecclesia, adopted Ephialtes suggestion with no strong opposition. Without further delay, a new era of radical democracy was started immediately by this reform. In order to coax the public, Pericles seemed to follow a populist policy and the Democratic Party steadily became dominant in Athenian Politics. Apparently, Pericles accomplished the political removal of troublesome adversary by the reason that Cimon crossed up his city by being friendly with Sparta. Pericles kept advocating and promoting a populist social policy after Cimons collapse. With the state covering the cost of their entrance fees, he firstly suggested a law that allowed the indigence to enjoy theatrical plays without paying. With other laws, he decreased the property needs for people in high position in 458- 457 B.C and gave liberal wages on all citizens who served as jurymen in the Heliaia, the supreme court of Athens, just after 454 B.C. But, a law of 451 B.C limited Athenian citizenship to those of Athenian ancestry on both sides was his most disputed action. Such actions made Pericles critics regarded him to be responsible for the progressive deterioration of the Athenian democracy. Some historians have argued that Pericles looked for the enlargement and stabilization of all democratic institutions. Hence, he l egislated law granting the indigence to access to the political system and the public offices from which they had formally been barred because of limited means or low-born. On the other hand, Cimon was sure that democracy had reached its peak, and stalemate of populism had been led by Pericles reforms, so he surly believed that no further free space for democratic evolution existed. Like Cimon, the other historical experts believed that because of Pericles reform, Athens sank into the abyss of political turmoil and demagogy after his dead. Pericles is called a populist, a demagogue and a hawk by some contemporary scholars, while others adore his charming leadership. Plutarch said that Pericles was not a man whom he knew before; he was biddable to the people and ready to give in to the desires of the multitude as a steersman to the breezes. It is told that when Spartas king, Archidamus, asked his political adversary Thucydides, who was the better fighter between two of them, Thucydides answered without any dither that Pericles was better because even when he was beaten, he tried to persuade the spectators that he had won. Thucydides, an admirer of Pericles, said that Athens was nominal democracy but, in fact, governed by its first citizen. The historians have explained what he perceived as Pericles charisma to lead, convince and, sometimes, to manipulate through this comment. Even though, Thucydides pointed out the fining of Pericles, he did not refer to the condemnation against Pericles but focused on Pericles honesty. In one of his dialogues, on the other hand, Plato denied the praise of Pericles and said that Pericles made the Athenians lazy, talkative and greedy, by beginning the system of public fees. Plutarch pointed out other criticisms of Pericles leadership that many others say that he first led on the peoples into allotments of public lands, festival-grants, and distributions of fees for public services; due to these reasons, they fell into bad habits and became sumptuous under the effect of his public action instead of thrifty and self-contained. Thucydides argued that the people did not carry away Pericles, but he guided the people. His decision has been questioned; some 20th-century critics, such as Malcolm F. McGregor proposed that he might have been a charming public face acting to be supported on the suggestions of advisors, or the people themselves. According to the King, by increasing the power of the people, the Athenians left themselves with no authoritative leader. During the Peloponnesian War, Pericles depended on his popular to govern was obvious. In the literary works of his Golden Age, we can find Pericles most visible legacy, most of which survive to this day. First, The Acropolis, though it is in ruins, still stands and is a symbol of modem Athens. In politics, Athenian imperialism is the remarkable legacy of Pericles. It denies the true democracy and freedom to the people at all but the ruling state. Finally, the freedom of expression is regarded as the lasting legacy deriving from this period. Conclusion Pericles, the greatest statesman of ancient Greece, was born 494 B.C in the wealthy family. His father was that Xanthippus who won the victory over the Persians at Mycale, 479 B.C.; and his mother, Agariste, the niece of the great Athenian reformer, Cleisthenes. He received an extravagant education; his teacher whom he most reverenced was the quiet and gentle philosopher, Anaxagoras. Pericles was noticeable all through his career for the singular dignity of his manners, the Olympian grandeur of his articulacy, his majestic intelligence in Platos phrase, his wisdom, integrity, and deep Athenian patriotism. The abilities of Pericles were supreme that he quickly rose to the highest power in the state as the leader of the dominant democracy. His successful expeditions to the Thracian Chersonese, and to Sinope on the Black Sea, together with his colonies planted at Naxos, Andros, Oreus in Euboea, Brea in Macedonia, and AEgina, as well as Thurii in Italy, and Amphipolis on the Strymon, did much to spread and confirm the naval power of Athens, and afford a means of subsistence for his poorer citizens. But his greatest project was to create, in concert with the other Hellenic states, a grand Hellenic confederation in order to put an end to the mutually destructive wars of kindred peoples, and to make Greece one enormous nation, fit to front the outlying world. After Cimon was dead and Thucydides was disliked, and came into the end of his life, Pericles reigned the undisputed master of the public policy of Athens. During the rest of his career there was, says the historian Thucydides, in name a democracy, but in reality a government in the hands of the first man. Soon after the Samian war broke out, in which Pericles gained high renown as a naval commander. The Samians, after a stubborn struggle, were beaten, and a peace was established. Since the time of the Persian invasion, he had been the leader of the confederacy formed to fight the attacks of the powerful enemy, and the guardian of the confederate treasury kept in the isle of Delos. Pericles caused the treasury to be removed to Athens, and commuting the commissions of the allies for money, enormously increased the contributions to the patriotic fund, Athens herself undertaking to protect the confederacy. He decorated and enriched Athens with the spoils of the allied states. Pericles did many things to make his native city the most magnificent in the ancient world. Under his patronage, Greek architecture and sculpture reached perfection. He remained Athens the Parthenon, the Erechtheum, left unfinished at his death, the Propylaea, the Odeum, and numerous other public and holy edifices; he also liberally stimulated music and the drama; and during his life, industry and commerce was in so well-off a condition that prosperity was universal in Attica. In 431, the long foreseen and inevitable Peloponnesian war broke out between Athens and Sparta. The plague damaged the city in 430, and in the autumn of the following year, Pericles died after a prolonged fever. As a greatest statesman, Pericles was a lofty-minded statesman, motivated by noble objectives, and his heart was full of a honorable love for the city and his citizens. When he lay dying and speciously insensible, his friends around his bed were passing in review the great accomplishments of his life, and the nine cups which he had founded at different times for so many triumphs. The dying patriot silently interrupted with the typical sentence: What you praise in my life belongs partly to good fortune, and is, at best, common to me with many generals. But that of which I am proudest, you have left unnoticedno Athenian has ever put on mourning through any act of mine.

Sunday, January 19, 2020

Housmans To An Athlete Dying Young :: Poem Housman Athlete Dying Essays

Housman's "To An Athlete Dying Young" A. E. Housman's "To an Athlete Dying Young," also known as Lyric XIX in A Shropshire Lad, holds as its main theme the premature death of a young athlete as told from the point of view of a friend serving as pall bearer. The poem reveals the concept that those dying at the peak of their glory or youth are really quite lucky. The first few readings of "To an Athlete Dying Young" provides the reader with an understanding of Housman's view of death. Additional readings reveal Housman's attempt to convey the classical idea that youth, beauty, and glory can be preserved only in death. A line-by-line analysis helps to determine the purpose of the poem. The first stanza of the poem tells of the athlete's triumph and his glory filled parade through the town in which the crowd loves and cheers for him. As Bobby Joe Leggett defines at this point, the athlete is "carried of the shoulders of his friends after a winning race" (54). In Housman's words: The time you won your town the race We chaired you through the market place; Man and boy stood cheering by, And home we brought you shoulder-high. (Housman 967). Stanza two describes a much more somber procession. The athlete is being carried to his grave. In Leggett's opinion, "The parallels between this procession and the former triumph are carefully drawn" (54). The reader should see that Housman makes another reference to "shoulders" as an allusion to connect the first two stanzas: Today, the road all runners come, Shoulder high we bring you home, And set you at the threshold down, Townsman of a stiller town. (967) In stanza three Housman describes the laurel growing "early" yet dying "quicker than a rose." (967) This parallels "the 'smart lad' who chose to 'slip betimes away' at the height of his fame" (Explicator 188). Leggett's implication of this parallel is "that death, too is a victory" (54). He should consider himself lucky that he died in his prime and will not out live his fame. Housman says: Eyes the shady night has shut Cannot see the record cut, And silence sounds no worse than cheers After earth has stopped the ears. (967) Leggett feels that "death in the poem becomes the agent by which the process of change is halted" (54). In the next stanza symbolism is used as the physical world is in Leggett's terms, "The field where glories do not stay" (54). "Fame and beauty are represented by a rose and the laurel, which are both subject to decay," Leggett explains (54). The athlete dying is described here by Housman:

Saturday, January 11, 2020

Drug Addiction Disease or Choice? Essay

Drug addiction, disease or choice, the National Institution of Drugs Association (NIDA) has determined Drug Addiction a chronic, relapsing brain disease while opposing views debate Drug Addiction as solely a choice controlled voluntarily? Drug addiction is now recognized as a chronic relapsing brain disease expressed in the form of compulsive behaviors. Hence, the estimated economic cost contributed to disease foundations is $181Billion a year? Could this be a loophole for obtaining funds and doesn’t this kind of money seem high to be contributed to a voluntarily poor decision? Weather you believe addiction to be a disease or a choice is to be seen. Many well respected professors and scientist claim addiction is a scapegoat behavior that has been incorrectly identified as a physical or mental illness, an addict is only a victim of bad science and misguided policy. NIDA has made ground-breaking discoveries about the brain and has revolutionized our understanding of drug abuse a nd drug addiction. Later to be defined is what the significant difference between abuse and addiction, which can ultimately change ones point of view. The following is a combination of research by medical institutions and well respected professional in the fields of science, along with two very interviews, with an ex drug addict turned counselor for a methadone treatment facility, an individual in active addiction, and a recovering addict. The experience, strength, and hopes of these professionals and the personal trauma had by each of these addicts is part of a message that should be heard by anyone ever touched by the disease of addiction in any way shape or form. Drug Addiction is a growing problem today and has caught the attention of many professionals these professionals have opposing views of the cause, some will say Drug addiction is a disease while others will claim it is a voluntary choice of poor decisions making. NIDA has determined that addiction is a disease. The big controversy is said to be in the difference of terminology. Before one can make the assessment weather addiction is a  disease or choice they must first understand the difference between addiction and abuse. What are the differences Between a Drug Abuser, and a Drug Addict? Many people assume that addiction is simply an overuse of drugs, and that the addict is just a drug user who chooses to use too much. But research has shown that addiction, unlike casual drug use, is no longer a matter of free choice. â€Å"Functionally you’ve moved into a different state, a state of compulsive drug use,† says Alan Leshner, Ph.D., director of the National Institute on Drug Abuse (NIDA). Drug use really isn’t a choice of morality. By interview with a counselor at a drug rehabilitation center â€Å"Drug addiction is a mental disorder with a physical allergy.† When an addict doesn’t use they become ill physically, muscles tighten, sweats and stomach pains, vomiting and many other flu like symptoms surface. Then the voice in the brain begins to talk to them and it is a vicious cycle of emotional stress. The abuser can use at parties and on special occasions. He or she ma y like to use when they chose, but if they do not use drugs they do not have a mental relapse or physical discomforts. When an addict puts down the drug they are not cured, they are only sober. For this reason many addicts must undergo either a 12 step program or have the support of a drug counselor. An abuser can stop using at any given time and never pick up again. The National Academy of Sciences’ Institute of Medicine, the American Psychiatric Association, and the American Medical Association all define this state of driven, compulsive use as the essence of addiction. Someone who abuses drugs may suffer negative consequences from using, as the addict does, but generally can and does stop when these consequences become too severe. The addict may be unable to stop, even after negative consequences, without medical and/or behavioral help. Says Steven Hyman, M.D., director of the National Institute of Mental Health, â€Å"An alcoholic taking a drink looks like anyone else engaged in that behavior, but what’s happening in his or her head is different.† He or she is in the grip of a powerful compulsion that may lead to a binge. (Firshein, Janet) Some have characterized addiction as a behavioral choice and can be controlled voluntarily. There is an interview with Gene M Heyman a professor at Harvard University, as the conversation around his ideas of addiction being  a voluntary decision and why anyone would want to volunteer to be an addict. Gene Hymens findings are and what they mean. The author argues what has been said about addiction in so many studies, â€Å"drug addiction is a Disease† this means it is not a choice. Heyman states it is simply an act of voluntary choice. While he does not pretend to be a policy expert, he does believe that treatment should consist of non-drug activities to lower the value of the â€Å"drug.† (Akst, Daniel) Heyman states, â€Å"In a most impressive display of brain technology, scientists have used scanning technologies to observe metabolic activity of the brain in action. In a typical demonstration, addicts are shown drug related videos that depict people handling crack pipes and needles. Brain scans capture the viewer’s reaction to these provocative ima ges and represent it as glowing Technicolor splotches of color that represent activation in drug sensitized brain regions. (Videos of neutral contact depict no such activity.)† Heyman goes on to make his claim that this proves that addiction is not a brain state it is a behavior. (Leshner) It’s not strange or unlikely that as soon as a person hears the word’s addiction, they are interpreted immediately as a negative and a stigma is automatically attached to the individual with the addiction. In the article called â€Å"Drug Addiction: A Brain disease?† I have found that there are studies that define â€Å"drug addiction, â€Å"as a compulsion to take drugs. There are many biological factors that are indications of â€Å"drug addiction† being a form of a mental disease do to the lack of control one has in their behavior. â€Å"Drug addiction† affects even the neurotransmitters that one uses to learn or for memory. The studies go on and on and do to the behavioral components there are some scientists and other professionals who seem hesitant to call â€Å"drug addiction† a brain disease. (Pietas’, Nicole) Some say it is a disease some say it’s a choice. None the less, he disease of addiction has become such the problem in the United States of America it is considered the most costly and damaging DISEASE by the National Institute of Drug Abuse. This kind of money being delegated for these drug addicts and alcoholics is alarming. If not a disease than what is it? The evidence and research has been done. The brain behaves differently in an addict. When one ingests drugs one of the changes is the rise in available levels of certain  neurotransmitters associated with feelings of pleasure. Key among these is dopamine; a naturally occurring neuro-transmitter that some scientists now think is implicated in most of the basic human experiences of pleasure. The pleasure of a kiss, a bowl of favorite ice cream, and a compliment may all be related to a rise in dopamine levels in the normal person’s brain. Drugs of abuse also boost dopamine levels. When a person takes a hit of crack cocaine or a drag on a cigarette the drug causes a spike in dopamine levels in the brain, and a rush of euphoria, or pleasure. While it’s not the only chemical involved in drug abuse, experts have come to believe that dopamine is the crucial one. The damage is truly done over time as neurotransmitters are not replaced pain and suffering becomes more real when drugs are not present. The cycle of addiction is so cruelly painful. How can one assume or argue that this is a choice? We would be claiming that 600,000 people currently addicted to heroin today are just gluttons for punishment. Is there a cure for this disease? Unfortunately, no cure up to date, but recovery is possible with persistence, guidance and reinforcement as learned in an interview with Charlotte Doe, an ex addict turned CDAC Certified Counselor of Drug and Alcohol addiction, at Spectrum Health, a methadone rehabilitation center. The question is how bad does one want recovery? When asked, what was her most challenging responsibility; her response was being able to know when someone wasn’t ready and knowing that any day could be their last. She explained how there is no one rule in how to counsel an addict it’s not found in a text book, and no two addicts are the same. Her best gift to offer is being able to identify with the addict from experience. Charlotte also believes strongly in that meetings and step work are incredibly important. Putting the drug down is only the beginning of a long road ahead. The experience strength and hope from a recovering addict and a drug treatment counselor is how this addict is giving back to society. The sad part is that some haven’t truly hit â€Å"rock bottom† and until they do, they will not be ready. Hence, the addict relapsing, this is a term of when an addict puts down the drugs for a period of time to endure recovery and has a setback. There is an active addict which we will call, John Doe, who I had the pleasure of speaking with who shared with me the pain and suffering he goes through. He has attempted recovery numerous times, but  just can’t seem to find a way to stay clean. He knows that when he is in recovery, for example inpatient, he can stay clean. The problem is once subjected to â€Å"life on lifes terms† its back to square one. He also admits that until his enablers, those who make his using possible, stop being providers than he will continue using. Again, hearing those words straight from the mouth of an addict one can agree that until an addict Hits â€Å"rock bottom† there may not be a chance for recovery. Charlotte said it best, an enabler is cheating the addict of his/her â€Å"Rock Bottom†. Tough love is the key in a situation like Johns. His enablers might need to take a step back and let John go through his process. Being addicted can’t be a very pleasurable habit. It’s costly, you have to answer to the drugs regularly, no vacation without them, no chance of separation from the substance while sick and suffering. You are no longer your own boss, the drugs are. Unfortunately for the addict people continue to think it’s primarily a moral and poor Choice caused by being a degenerate and having lack of willpower. As learned in the research addiction is a disease that Causes addicts to have no regard for consequences and to abandoned everyone and everything with no control. Addiction is a disease that causes changes in the brain, which then drive certain behaviors, taking the drug compulsively, but addicts can learn to change the behavior. We wouldn’t blame a person with a heart disease for having a heart attack. But we would guide them into better habits; a healthy diet, exercise, and making sure they are complying with medication. The same with an addict, we can blame them for being sick, but we should encourage and make them responsible for their recovery. The disease itself cannot be cured but can be treated. It’s been said that the public has little sympathy for addicts, but â€Å"whether you like the person or not, you’ve got to deal with their problem as an illness.† Given the views of the professionals and personally affected individuals has your opinion of addiction been altered? Akst, Daniel The 1eBoston Glob, August 9, 2009Akst Daniel www.Boston.com/ bostonglobe/ idea /articles/2009/08/09 Campbell, William G. Canadian Journal of Psychiatry, Nov2003, Vol. 48 Issue 10, p669- 674, 6p, 1 Chart; (AN 11539480) Falk,Daniel; Hsiao-Ye Yi; Susanne Hiller-Sturmhà ¶fel. Alcohol Research & Health, 2008, Vol. 31 Issue 2, p100-110, 11p, 4 Feske,Ulrike; Tarter, Ralph; Kirisci, Levent; Pilkonis, Paul. American Journal on Addictions, Mar2006, Vol. 15 Issue 2, p131-137, 7p, 1 Firshein, Janet, PBS Online Leshner Science 3 October 1997: 45 DOI:10.1126/science.278.5335.45, www.scienceAAAS.org the Addiction Is a Brain Disease, and It Matters Miriam-Webster, I. (2002). Merriam-Webster’s Third New International Dictionary Unabridged. Retrieved www.mwu.eb.com.ezproxy.apollolibrary.com/mwu Pietas, Nicole. Drug Addiction: A Brain Disease? Serendip Biology 1/17/08

Friday, January 3, 2020

Lab Exercise - 1306 Words

The company I pick from Samp;P 500 is Google Inc., which is a multinational corporation specializing in internet-related service and products. Google has been estimated to be a rapidly growing global technology leader focused on improving the way people connect with information, and its trading stock price is remained really high and still on the rise. The expected sales are given by Capital IQ from year 2014 to year 2018, and their values are listed below in the table. By calculating the average growth rate of sales over next five years, which is 12.8%, and have it compared with the one from the previous three years, which is 25.8%, it can be concluded that the projected sales value given by Capital IQ are reasonable. The average†¦show more content†¦With the cost of equity capital and effective cost of debt capital, we can calculated WACC using formula E*re/V+D*rd/V, which is 98.36%*9.254%+1.64*2.776%=9.15% (Appendix D). After getting long run growth rate and WACC, we can find the terminal value: Vn=40365*(1+2%)9.15%-2%=550,766 Then, the present value of free cash flows can be calculated based on the discount rate (Appendix B). According to Appendix E, the market value of equity is $484,185 million and the stock price is $1,183.04, while its intrinsic value of stock is $1,440.81. I choose the mean of TEV/EBITDA and the median of TEV/Revenue as multiples to estimate Google’s stock price (Appendix F). By applying the mean value of TEV/EBITDA to find enterprise value, we can get a corresponding intrinsic value per share of $1,248.06. By applying the median value of TEV/Revenue, we get the corresponding intrinsic value per share of $1,231.04 (Appendix F). Both of the value calculated by using multiples are a little bit lower than the one from Part 1. Many completed variable involved in two different ways of obtaining the stock price, which will in turn cause differences in result for sure. I believe the way which using DCF method to get the total enterprise value and then to find the corresponding stock price give the best estimate of Google’s stock price. By reaching that, I first use the average EBITDA/Sales ratio from the past three years as a constant ratio to project the future five year’sShow MoreRelatedLab Report on Exercise Prescription Essays1077 Words   |  5 Pagesguidelines she does not need a referral from a physician for exercise clearance. Measures regarding examining body composition, cardiorespiratory fitness, muscular strength/endurance, and flexibility were taken. Based upon the results a moderate intensity (60%-70% HRR/VO2R) a Cardiorespiratory and Resistance training program was designed for Jane Doe. A negative caloric balance program was established based upon her current RMR and newly designed exercise prescription. Muscle strength and endurance programsRead MoreLab 7 Exercise 40863 Words   |  4 PagesLab # 7 Exercise 40 Reviewing Your Knowledge A. 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