Assignment Of
FIN 302
Submitted To:
Mrs. Sylvana M. Ahmed
Faculty of Business Administration
Submitted By:
Kazi Farha Hossain Id no: 1130342
Amir md Wahidul Islam id no 1137030
Syeda Anonna Houque ID no: 1120537
Section No. : 01
Submitted Date: 10th Nov 2013
Letter of Transmittal
10th Nov 2013
Mrs. Sylvana M. Ahmed
Lecturer of Finance
Faculty of Business Administration
Independent University Bangladesh
Subject: Seeking permission to prepare report.
Dear Madam,
We are pleased to submit to you the assignment on DIJA, S%P 500 Index, NYSE, NASDAQ, FTSE 100 and Nikkei and subprime loan and its contribution to the “credit Crunch” of 2008 that you have assigned us to prepare on the course “Business finance II”.
It was a worthwhile experience for us to prepare this assignment. At the time of preparation of assignment we have got an opportunity to know, what is DIJA, S&P 500 Index, NYSE, NASDAQ, FTSE 100 and Nikkei.
We are thanking you for assigning us such an interesting work and for your all through co-operation. We will be available for any clarification regarding the contents of the assignment.
Yours Sincerely,
Kazi Farha Hossain ID: 1130342
Amir MD Wahidul Islam ID: 1137030
Syeda Anonna Houque ID: 1120537
Table of content
S/N
Description
Page
1.
Acknowledgement
4
2.
Executive summery
5
3.
Description about
DIJA, S&P 500 Index, NYSE, NASDAQ, FTSE 100 and Nikkei
6-10
4.
Credit Crunch of 2008
11
5.
Subprime mortgage crises
12
6.
Good and bad side of subprime
13
7.
Impact on stock market, banking, financial institution and wealth effect
15
8. conclusion 20
9.
reference
20
Acknowledgement
“In the name of Allah is most Merciful and Beneficent”
At first all, we have the pleasure to express my deepest sense of gratitude and indebtedness to my Group Members for their encouragement and suggestions in
References: Paul Mizen (Sep/Oct 2008). The Credit Crunch of 2007-2008: Discussion of the Background, Market Reactions, and Policy Responses. Retrieved from http://research.stlouisfed.org/publications/review/08/09/Mizen.pdf Financial crisis of 2007–08 (7 November 2013). Retrieved from http://en.wikipedia.org/wiki/Financial_crisis_of_2007–08#Impact_on_financial_markets Subprime mortgage crisis (6 November 2013). Retrieved from http://en.wikipedia.org/wiki/Subprime_mortgage_crisis#Financial_market_impacts.2C_2008