Prof. Lin Guo FIN 417 HBS Case: Hedging Currency Risks at AIFS Due date: April 12‚ 2012 Instructions: This case should be done individually. You should prepare a written analysis‚ and hand in two copies of your analysis on April 12 in class. Only hard copies of the case analysis are accepted. I will submit one of the copies to the Dean’s office for assessment purpose. Each student should also bring his/her own copy of the write-up to class‚ as well as the case itself‚ so that we can refer
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Effects of a Strong Or Weak Philippine Peso Currency Two conflicting stories came out of a national paper this week. One announced that exporters are badly hurt by the appreciating peso while the other states that the Bangko Sentral ng Pilipinas (BSP) claims that the surging currency is beneficial to the Philippine economy. Those stories seem to tell the Filipinos that we cannot have our cake and eat it too. Whenever there is a good effect‚ there is a corresponding draw back. Let us take the first
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Reaction Paper Asian and Global Crisis During the Asian and Global Crisis many of the criticisms are against accounting and accountants. In my further readings‚ I’ve read that during the Asian Crisis in 1997‚ where affected countries suffered severe setbacks in their economies and where development stagnated‚ the accountancy profession‚ including its standards‚ policies and levels of information disclosures‚ had played a role in the start of the crisis‚ and perhaps had even worsened it. Moreover
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6.3 According to s.6-5(1) ITAA 1997‚ ordinary income is ‘income according to ordinary concepts’‚ which is a component of the assessable income. Refer to s.6(1) ITAA 1936‚ earnings‚ salaries and fees of employee or people related to any services rendered are the examples of income from personal exertion. Hilary is a mountain climber and she never wrote a story before‚ so the payment probably has insufficient nexus with her personal service because it is unlikely for her to sell stories as a career
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In March 1997‚ several large finance companies in Thailand emerged low quality assets and insufficient liquidity problems. Then‚ the western hedge funds with a large number of Southeast Asian currencies in hand hedge funds‚ headed by George Soros aggressively sold the baht‚ the value of Thai baht felling all the way. The Bank of Thailand‚ which only hold US $30 billion foreign exchange reserves‚ was incompetent to maintain the fixed exchange rate of baht‚ and on July 2nd‚ 1997‚ the Thai Government
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“Asian Carp and the Effect on the Great Lakes” Statement of the Issue Asian carp are a threat to the Great Lakes if they invade them. They could destroy the Great Lakes ecosystem by overpopulating the lakes and disrupting the food chain. Asian carp are large fish that can weigh up to 100 pounds and grow to more than four feet long and will consume an excess amount of food and leave the other fish with very little to eat. With these carp in the water sport fishing will be affected along
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History According to the renowned linguists Darmesteter and Henderson‚ Pashto has "descended form Avestan".[10][11][12] The word "Pashto" derives by regular phonological processes from Parsawā- "Persian".[46] Nonetheless‚ the Pashtuns are sometimes compared with the Pakhta tribes mentioned in the Rigveda (1700–1100 BC)‚ apparently the same as a people called Pactyans‚ described by the Greek historian Herodotus as living in the Achaemenid’s Arachosia Satrapy as early as the 1st millennium BC.[47]
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AN EMPIRICAL STUDY OF CURRENCY CARRY TRADE STRATEGIES 1 Table of Contents INTRODUCTION AND LITERATURE REVIEW .......................................................................... 3 MONETARY POLICY IMPLICATIONS ..................................................................................................... 4 POSSIBLE SOLUTIONS OF THE “FORWARD PREMIUM PUZZLE”......................................................... 6 DATA DESCRIPTION.............................................
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Impact of Currency Devaluation on Trade Balance of Pakistan In a developing country large amount of exports consist of primary commodities and exports earnings due to the relative inelasticity of supply and uncertain production levels of primary goods‚ are not only unpredictable‚ but also vulnerable to a number of factors. The developing countries also depend upon the advanced industrial countries for most of their developmental needs (technology‚ capital‚ and producer goods) and consumption
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school on weekends. The Asian system of learning is comprised of around fifty hours of school each week including a half day on Saturday with four hours of homework each night. The better learning system for me would most definitely be the American system. The Asian school system would not allow me to spend time with my friends and family‚ sleep enough each night‚ and give me time to develop other skills needed in life. Recent studies show that according to most Asian students’ schedules‚ they
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