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Now I'm going to criticize my own advice: Although data normalization is important because it ensures correctness and reduces storage demands, it turns out that it can affect performance adversely For example, with our new DEPARTMENT and LOCATION tables, if we want to find out what building and floor each department is on, we need to write a join query Before, such a query merely required a scan of one table Now, it has to scan two The more scanning (especially dependent scanning), the worse our performance The general problem here is that normalization forces queries to become more complicated in the sense that they have to navigate through more intermediate data to get at the data of real interest In turn, this can cause multiple queries, join queries, and/or nested queries where single-table queries were all that was previously required In certain cases, it can be okay to denormalize the data model to violate one of the forms of normalization usually for the purpose of improving performance Denormalizing a data model typically involves techniques such as

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Replicating data "as is" by maintaining two copies Storing a calculation of remote data in a local table

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Let's consider a more detailed example of the second technique Suppose we have three tables, ORDERS, ORDER_ITEMS, and PRICE_HISTORY:

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126 - Investment Planning corporation to have a debt instrument in its capital structure, although the conversion feature usually comes at a cost (a) These bonds tend to trade at a lower coupon rate than is available with other bonds (b) They are subordinate to other debt issued by the corporation (2) They often have a sinking fund provision and are often called by corporations to force bondholders to convert to common stock (3) The true bene t to holding these bonds is the safety of debt with the potential for capital gains Convertible bonds will increase (decrease) in value as the underlying stock increases (decreases) (4) Both the underlying stock and interest rates cause variations in the price of convertibles Convertibles are in double jeopardy during periods of high interest rates and low stock prices (5) Conversion ratio The number of shares into which a bond is converted is found by taking the face value of the bond and dividing it by the conversion price Example: If a bond is priced at $1,000 and the conversion price is $25, the conversion ratio equals 40 shares ($1,000/$25) (6) Conversion value The number of shares into which a bond is converted times the market price of the stock gives the value of the bond in terms of stock Example: If a bond is convertible into 40 shares and the market price of the stock is $23, then the bond s value is worth $920 relative to stock ($23 $40) (7) The market price of a convertible bond cannot be less than the conversion value, or an opportunity for arbitrage would exist D Callable (1) A call provision allows a rm to buy back bonds at a speci ed price before maturity (2) It is often used after a period of high interest rates If bonds were issued during a period of high interest rates, it may make sense for a rm to re nance new debt at a lower interest rate (3) The call price is usually less than the market price If the call price is higher than the market price, it is not bene cial for the issuer to call the bonds (4) There is risk to purchasing a callable bond: (a) Increased interest rate risk (b) Increased reinvestment risk (c) Reduced potential for capital appreciation (5) The call price acts like a ceiling in periods of falling interest rates The price of a bond without a call provision will continue to rise as interest rates fall There is an advantage to callable bonds when interest rates rise; the price of a callable bond does not fall as much as the price of a straight bond because of the call provision E Ways to retire debt (1) Bullet maturity Bullet maturity means paying off the entire principal in one payment at the maturity date These are nonamortizing securities (2) Serial bonds A bond issue in which speci ed bonds mature each year Interest is paid off at different intervals Serial bonds are common with state and local governments to nance capital improvements, but are not common with corporations These are nonamortizing securities.

Volatile anions such as acetate and formate can also be removed and stripped by a temperature swing, which yields the free tertiary amine, R3N, similar to Eq. (2). The change in counter ion concentration and temperature gives rise to a reversible extraction process according to Eq. (1). Generally, the selectivity of anion exchangers is not always good, and there are many developments of new host guest-ligands which take advantage of the different sizes of the solutes [13]. The cation exchange mechanism is as follows:

PRICE_HISTORY is necessary because it contains information on the price of a given product at any point in time This type of normalization is common: To avoid replicating pricing information everywhere, it's consolidated in one table To calculate the total amount of an order, the following is required:

Result:

Identifying all line items for that order, each of which indicates the product ID and the quantity of that product being ordered For each product ID ordered, using the ORDER_DATE from the ORDERS table to locate the price for that product at the time the order was made Summing these calculated prices

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