superlative degree, and we usually think US is a non-default country. In this case, we use the US T-bond rate as a risk-free rate.
② Market Risk Premium
The most common approach to estimating the risk premium used in financial asset pricing models is to base them on historical data. When we choose to use historical premium, we had better go back as far as we can. In addition, we must be con
A. A SEQUENCE OF GRAMMAR
To begin with, it would be better to look over the way each chapter is structured. Keumsung middle school English 1 & 2, respectively, have 12 lessons, each of which consists of 7 sections – listening, speaking, reading, writing, consolidation, self-test, and task performance. For example, lesson 1 in English 1 is organized as seen here;
★ Graphic 1. The S
First, a sky over chimney pots and church towers, with masses of thundercloud and a black cloud moving toward the sun.
Cut to:
Piccadilly Circus, London. Flower sellers (women in shawls with baskets) seated round the base of the Eros monument. Among them Liza Doolittle, the only young one. The rest are elderly or middle aged. All, including Liza, are too poorly clad and dirty to be attractive. L
Morphology
Morphology is the study of word formation. (p.79)
‘morphe’ = to form (Greek)
Morphology → the structure of words
Syntax → the structure of sentences
Issues in Morphology
(1) Boldest can be divided into two parts (i.e., bold
+est), each of which has a meaning: bold cannot.
☞ Morphemes
(2) The word boy has a meaning in and of itself, the
Next is function. In terms of function, verbs can function as predicate but adjective cannot. When we express the situation that someone enjoys something, we can make the expression like ‘students enjoy’. However, when we express someone’s state of mind which is happy, we can express not ‘Students happy’, but ‘Students are happy’. Adjectives need ‘be’ verb or other verb in order