As a teacher of TOEFL iBT, let me say that this is one of the better books out there. I have not yet seen the updated version from 2011, so this review is on the 2008 version but with the assumption that the 2011 is similar and probably better. Why is Delta's Key a better book?
First, Delta's Key gives a lot more explanation than other books, such as the Longman by Deborah Philips and Barron's TOEFL iBT by Pamela Sharpe. For the Reading Section in particular, Delta's
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100% видео английский Level: Elementary - Pre-Intermediate Language: American English Subtitles: English, Russian Videocourse by Oceano Multimedia (Spain) and Delta Publishing (USA) based on private detective Jack Stark's four stories: 'The Case of the Missing Husband', 'The Island Adventure', 'The Mystery of the Mummy', 'The Skymaster Affair', devided by 20 lessons. There're an exercises after each lesson. Видеокурс 100% видео английский от компаний Oceano Multimedia (Spain) и Delta Publishing (USA) основанный на рассказах про частного сыщика Джека Старка.
*The basic premise of this book is to long stock and delta hedge w/ out of the money warrants. This was great when the tax incentives encouraged corporations to sell bonds w/ detachable warrants rather than selling convertible bonds. In addition, valuing the warrants was tricky prior to the use of the Black-Scholes model. This strategy - delta neutral covered calls - is profitable when the market has peaked out but you can get your handed to you if you employ it in a scenario such as '99-'00. Further their reocmmendations that you short more as your warrants fall is very dangerous - shorting a lot of gamma.
The lives of two disparate women—a single mother working hard to make ends meet and a young figure skater at the top of her game—entwine in an unforgettable novel of warmth, depth, and wisdom.
Slip on your headphones, close your eyes and turn out the lights. Within minutes you’ll feel like your brain is being massaged. Soothing Delta frequencies, associated with deep restorative sleep, and subliminal messages are masterfully woven into gentle music. As your brain cells resonate with Delta waves, you start to slowly swirl and drift. Pestering concerns are washed away, allowing you to fall into deep sleep states that bring the refreshing slumber your body and mind need for optimum performance.
