FIN340 304 Tutorial week 3 Questions 1. How can a central bank use direct intervention to change the value of a currency? Explain why a central bank may desire to smooth exchange rate movements of its currency.. 2. Should the governments of Asian countries allow their currencies to float freely? What would be the advantages of letting their currencies float freely? What would be the disadvantages? 3. What is the impact of a weak home currency on the home economy‚ other things
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Bonus assignment 1. For April 30‚ 2013 Federal funds rate – 0.13 Federal Reserve discount rate – (Discount window primary credit) - 0.75 For December 23‚ 2005 Federal Reserve– 4.23 Discount rate – 5.35 As we can see from the information above‚ the short-term rates have decreased since the end of 2005 (4.230.13; 5.35 0.75) 2. The schedule of minutes can be found on http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm and the press releases can be found on the News&Events
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Lab#: 15 Title: Exercise/pulse rate Aim: To investigate the effect of exercise on the pulse rate Materials/ Apparatus: Stop watch Diagram: Procedure: 1. The three middle fingers were placed just behind the bottom of the wrist as indicated in the diagram in order to see if the pulse could be felt. 2. (a) If the pulse was not felt the three fingers were moved about until it could be felt. (b) Changing the hand also helped to find the pulse. 3. The number of pulsation
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due to their habits‚ feelings‚ misunderstandings most of the marriages are ending up. The divorce rates have increased since the Divorce laws has been introduced in 1968‚ 20% of all divorces in Canada are a repeat divorce for atleast one of the spouses. With that‚ the divorce rate for first marriages is lower than the divorce rate for all other marriages. There were 27‚577 divorces in Ontario in 2001 and the statistics showed
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overnight rate-the main tool used by the Bank of Canada to conduct monetary policy. The Bank carries out monetary policy by influencing short-term interest rates. It does this by raising and lowering the target for the overnight rate. The overnight rate is the interest rate at which major financial institutions borrow and lend one day funds among themselves; the Bank sets a target level for that rate. This target for the overnight rate is often referred to as the Bank’s key interest rate or key
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Which one of the following statements is correct concerning annual percentages rates (APRs)? Answer: The APR is equal to the monthly interest rate multiplied by 12 Give an interest rate of zero percent‚ the future value of a lump sum invested today will always: Answer: remain constant Answer: II and IV A firm created as a separate and distinct legal entity that may be owned by one or more individuals or entities is called a: corporation The capital structure of a firm refers to the
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Rate/Volume Analysis The following table presents the extent to which changes in interest rates and changes in the volume of interest-earning assets and interest-bearing liabilities have affected our interest income and interest expense during the periods indicated. Information is provided in each category with respect to (1) the changes attributable to changes in volume (changes in volume multiplied by prior rate)‚ (2) the changes attributable to changes in rate (changes in rate multiplied by prior
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of bankers‚ central bank official said that Libor rate manipulation scandal was a turning point‚ and salaries and bonuses are about to fall‚ although "there is a long way" until they reach acceptable levels. "In 1980‚ a regular investment banker was paid about the same as a lawyer or doctor. By 2006‚ however‚ the bankers were paid four times as much. This has created a large gap that currently is gradually eroding‚" said Haldane . Libor rate manipulation: The Libor scandal is a series of fraudulent
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Disadvantages of flexible exchange controls 3. Emerging markets and exchange control 3 4. South Africa and exchange controls 3 5. Conclusion 5 6. References 6 List of figure: Figure 1: Exchange rate forecast 4 Figure 2: Price of Brent crude oil 4 Figure 3: SA inflation: history and forecasts 5 Introduction South Africa and the countries of the world have seen tremendous shifts in exchange control and exchange regimes
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Assignment #2: Global Crime Rate Comparative Criminal Justice-CRJ330 Sharita L. Riddick Strayer University Professor Susan Wind April 28‚ 2013 When it comes to any type of crime it is just not a good picture to paint. All across the nation crime is a worldwide problem that directly indirectly touches every one of us in multiple ways: as victims‚ in paying higher prices for products and services‚ and in living with the consequences of fear and corruption. The primary reason to understand
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