A College Football Playoff Essay Example

A College Football Playoff? Essay Every year thousands of NCAA division one football players shed blood, tears, and sweat with the goal of reaching a championship bowl game. Unfortunately, roughly half of all of these football players never make it close to contention for one of the top four prestigious bowls that make up the Bowl Championship Series. This series was created to ensure a true national championship game and place all the major conference champions in major bowls. At the same time, all small conference schools are faced with the predicament of playing in lesser bowls in the end of the season regardless of the level of success they attain. The national television exposure and the millions of dollars that come with a major bowl are taken away due to the size of a school. Non-BCS conference schools are subjected to deficits in spending and cannot recruit the best players, leaving them on an uneven playing field. These small schools deserve an equal opportunity at playing in major money making bowls and the national exposure that comes along with it. There should be a post season playoff for NCAA division one football. With more than one hundred colleges participating in division one football every year, the NCAA was facing many problems regardi . . A team from outside the six could theoretically play its way in, but in practical terms doing so would be nearly impossible (Suggs â€Å"Members† 1). A playoff post season addresses all issues regarding the national championship game and disparity not only on the field, but more importantly financially on campus. With more money at stake, playoff consideration is affect ed by growing greed among schools. So in 2001, changes were made to the formula. But at least every regular-season game still matters under this plan, which makes it a good thing (Dienhart and Huguenin 38). Notre Dame, the nation’s most popular[. We will write a custom essay sample on A College Football Playoff? specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on A College Football Playoff? specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on A College Football Playoff? specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Small schools would have an equal opportunity at major bowls with a playoff. ], schedule strength and team record (Dienhart and Huguenin 38). In NCAA basketball, there is a playoff for the purpose of creating an even playing field and encouraging parity. [Congress] criticized the way the series rewards institutions in the Atlantic Coast, Big East, Big Ten, Big 12, Pacific-10, and Southeastern Conferences and not colleges in the five other conferences in Division 1-A (Suggs â€Å"Members† 1). â€Å"‘Unlike college basketball, this strengthens the value of the regular season,’ says Kramer, the SEC commissioner† (Dienhart and Huguenin 38.

Character Analysis Curley in Of Mice And Men Essay Example

Character Analysis Curley in Of Mice And Men Essay Example Character Analysis Curley in Of Mice And Men Essay Character Analysis Curley in Of Mice And Men Essay Essay Topic: Of Mice and Men ?In the novel Of Mice and Men, John Steinbeck created Curley as the main antagonist of the novel. For the purpose of this essay I will analyse and evaluate why Curley is an important character to novel and the effect has to final outcome of the novel. Curley is special to the novel as he has already accomplished the American dream and is a figure of Authority â€Å"He wore high heeled boots†. The high heeled boots support the idea that he is a figure of authority. On our first encounter with Curley he is seen holding an â€Å"aggressive stance similar to a boxer† and we are informed that Curley is â€Å"like small guys, they all hate big guys†. This is important as Lennie one of the main protagonists is a big guy, hinting to the reader that Curley is going to play a big part in the demise of their American Dream. Despite all his power he has inherited by being the son of the boss, he has little control over others. He is constantly intimidating other characters and asking â€Å"you seen my wife†. This supports the fact that he has little control over his wife and is always consciously trying to find her to â€Å"tame† her. Curley suffers from Napoleon Complex, â€Å"he wore high heeled boots† this suggests that he is trying to make his figure appear bigger, by wearing different cosmetics. This is important to the novel as it shows us accomplishing the American dream does not always lead to happiness despite the other characters assuming so. Curley’s jealousy of Lennie resulted in a physical encounter between the two, where Lennie demolished him by â€Å"crushing his hand† leaving him to â€Å"flop like a fish†. We would be under the assumption that Curley would snitch on Lennie to the boss and get him removed from the ranch but Slim blackmails him â€Å"you gonna tell em’ that you got your hand stuck in the machine, or we gonna get you again†. This is important to novel as we see that there are characters in the novel that lack the oppo

Derivatives Markets Essay Example | Topics and Well Written Essays - 4500 words

Derivatives Markets - Essay Example We have already given examples of stock options in an earlier section; we now move on to index options. Stock market indices are well known, not only in the investment community but also among many individuals who are not even directly investing in the market. Because a stock index is just an artificial portfolio of stocks, it is reasonable to expect that one could create an option on a stock index. Indeed, we have already covered forward and futures contracts on stock indices; options are no more difficult in structure. For example, consider options on the S&P 500 Index, which trade on the Chicago Board Options Exchange and have a designated index contract multiplier of 100. On 13 June of a given year the S&P 500 closed at $1241.6. A call option with an exercise price of $1250 expiring on 20 July was selling for $28. The option is European style and settles in cash. The underlying is treated as it was a share of stock worth $1241.6, which can be bought, using a call option, for $1250 on 20 July. At expiration if the option is in the money, the buyer exercises it and the writer pay the buyer the $250 contract the multiplier times the difference between the index value at expiration and $1250. In the United States, there are also options on the Dow Jones Industrial Average, the NASDAQ, and various other indices. There are nearly always options on the best-known stock indices in most countries. Just as there are options on stocks, there are also options on bonds. Interest rate options An interest rate option is an option in which the underlying is an interest rate. It has an exercise rate or strike rate, which is expressed on an order of magnitude of an interest rate. At expiration the option payoff is based on the difference between the underlying rate in the market and the exercise rate. Example: Consider an option expiring in 90 days on 180 day LIBOR. The option buyer specifies whatever exercise rate he desires. Let us say he chooses an exercise rate of 5.5 percent and a notional principle of $10 million. Now let us move to the expiration day. Suppose 180 day LIBOR is 6%. Then the call option in-the-money. The pay off to the holder is $10000000(0.06-0.55) (180/360) =$25000 BOND OPTIONS Options on bonds usually called bond options are primarily traded in the over the counter markets. Options exchanges have attempted to generate interest in options on bonds, but have not been very successful. Corporate bonds are not very actively traded most are purchased and held to expiration. Government bonds, however, are very actively traded nevertheless; options on them have not gained widespread acceptance on options exchanges. Options exchanges generate much of their trading volume from individual investors, who have far more interest in and understanding of stocks than bonds. Thus, bond options are found almost exclusively in the over-the-counter market and are almost on government bonds. Consider for example, a U.S. Treasury bond maturing in 27 years. The bond has a coupon of 5.50 percent, a yield of 5.75 percent, and is selling for $0.9659 per $1 par.