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Kenazo

Lifer
Sep 15, 2000
10,429
1
81
Assume that a simple project has an after-tax cost of $50 today, it generates after-tax net cash inflows of $20 per year for 5 years, and rf = 6% now and in the future. The estimated beta is 0.92. If the market price of risk were 5%, what would be the risk-adjusted discount rate?
 

ElFenix

Elite Member
Super Moderator
Mar 20, 2000
102,426
8,388
126
There is no strife, no prejudice, no national conflict in outer space as yet. Its hazards are hostile to us all. Its conquest deserves the best of all mankind, and its opportunity for peaceful cooperation may never come again. But why, some say, the moon? Why choose this as our goal? And they may well ask why climb the highest mountain. Why, 35 years ago, fly the Atlantic? Why does Rice play Texas?
 

SacrosanctFiend

Diamond Member
Oct 2, 2004
4,269
0
0
The cause per se is unknown. Delusional disorder theoretically represents a heterogeneous group of conditions that seems distinct from mood disorders and schizophrenia. Family studies show increased prevalence of delusional disorder and paranoid personality traits in relatives of delusional disorder probands but no association with mood disorders or schizophrenia. Longitudinal studies suggest that the disorder is stable and reclassified as a mood disorder or other psychotic disorder only 10-25% of the time.

Biological

Delusions can be a feature of a number of biological conditions, suggesting possibly biologic underpinnings for the disorder. Most commonly, neurological lesions associated with the temporal lobe, limbic system, and basal ganglia are implicated in delusional syndromes. Neurological observations indicate that delusional content is influenced by the extent and location of brain injury. Prominent cortical damage often leads to simple, poorly formed, persecutory delusions. Lesions of the basal ganglia elicit less cognitive disturbance and more complex delusional content. Right posterior cerebellar lesions are associated with misidentification syndromes. Excessive dopaminergic and reduced acetyl cholinergic activity have been linked to the formation of delusional symptoms.

Psychological

Psychological explanations of delusions present 3 ways of viewing the phenomena of delusions.

* Delusions as defensive: Sigmund Freud proposed that delusions serve a defensive function and protect the patient from intrapsychically unacceptable homosexual impulse through the use of reaction formation, projection, and denial.

* Delusions as the result of cognitive defects: In the 1950s, Eilhard von Domarus emphasized the use of flawed logic in the manufacturing of delusions. Patients are observed to accept ideas with too little evidence for their conclusions.

* Delusions as the result of abnormal perceptual experience: In the 1970s, Brendan Maher described delusions stemming from abnormal perceptual experience due to central nervous system (CNS), peripheral nervous system, or environmental cues. Delusions were described as created to deal with these abnormal phenomena.

Social/other

Norman Cameron defined social situations with the following characteristics as contributing to the development of delusional disorder: expectations of receiving sadistic treatment, distrust and suspicion, social isolation, jealousy, lowered self-esteem, people seeing their own defects in others, and rumination over meaning and motivation.

Associated risk factors that suggest other avenues in the pathogenesis of delusions include advanced age, social isolation, group delusions (eg, in the McCarthy era), low socioeconomic status, premorbid personality disorder, sensory isolation (particularly deafness), recent immigration, family transmission, head injury, and substance abuse disorders.
 

imported_yetti

Senior member
Sep 17, 2004
746
0
0
Love the way you turn me on
You got the right stuff, baby
You?re the reason why I sing this song
All that I needed was you
Oh girl, you?re so right
Said all that I wanted was you
You made all my dreams come true
 
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