FIN532M: Financial Derivatives Problem Set 2 DUE DATE: Feb. 12‚ 2015 1. How can you differentiate the forward price from the value of a forward contract? (2 points) 2. Explain why an FRA can be viewed as an exchange of a floating rate of interest for a fixed rate of interest payments and how you can use FRA in mitigating risks. (4 points) 3. The standard deviation of monthly changes in the spot price of live cattle is 1.2 cents per pound. The standard deviation of monthly changes in the futures
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Case 2-2: 1. With respect to the adjustments related to goodwill‚ answer the following: a. Why does the adjustment for goodwill amortization increase net income under Country A GAAP but decrease net income under Country B GAAP? The adjustment for goodwill amortization increases net income under Country A GAAP but decrease net income under Country B GAAP because of how SKD amortizes goodwill for a period of 20 years while for Country B goodwill is only amortized for a period of 5 years. This leads
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ES-331: CURRICULUM AND INSTRUCTION Answer the following questions in about 1500 words total. (i.e. each in 500 words) Q.1. Discuss the importance of curriculum evaluation. (250 words) SOLUTION : Keypoints : Definition of Curriculum Meaning of Curriculum Curriculum Evaluation Importance of Curriculum Evaluation DEFINITION OF CURRICULUM Curriculum is a set of planned and purposeful learning experiences‚ based on intended learning outcomes and organised around development levels of
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[pic]Accounting 408 Test 2 Review 1. An auditor obtains knowledge about a new client ’s business and its industry to a. Make constructive suggestions concerning improvements in the client ’s internal control structure. b. Develop an attitude of professional skepticism concerning management ’s financial statement assertions. c. Evaluate whether the aggregation of known misstatements causes the financial statements taken as a whole to be materially misstated
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no more than 5 members – Submit group lists by next class (August 27‚ 2013) – 2 reports and 2 presentations‚ more details later Course Overview • Exam – 3 exams : 20% of your grade each – Non-comprehensive – cover ABOUT 2 chapters each (will be announce each time) – Around 45-60 minutes each – Based on materials covered in the class lectures and text book – Multiple choice‚ true/false‚ and short answer questions – Closed book/ closed notes – No use of handheld/laptop/desktop computing
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Project Background A friend works with HUL and in one of our conversations there was a casual reference that Fair & Lovely (F&L) as a brand is so huge for HUL‚ that it covers the entire salary cost of the company. We were intrigued by this fact. We checked the HUL annual report and collected some primary data and were surprised to see this was partially true. Employee Benefits Expenses for 2010-11 was Rs. 961.26 Cr and for 2011-12 was 1107.28 Cr. Market share of F&L is on an average
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Today when I was dining with my family in a formal restaurant‚ I broke two of the similar cultural norms. One being that‚ I drank my soup using a fork‚ where the norm is to drink soup with spoon. The second being that I use my knife to eat my cake‚ where it should’ve been eaten using a fork. It might seem that these two actions that violate the cultural norms is small‚ but the reaction that I got from other people is extensive. As I was committing the act‚ I noticed that the surrounding people
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Children commonly worked from a very young age; most in Britain worked in: Answer a. shipyards. b. textile plants. c. mines. d. domestic service. e. rail yards. Question One explanation for Britain’s lead in the Industrial Revolution was that: Answer a. the majority of its entrepreneurs were from the aristocracy. b. the government subsidized all rural industry. c. the pursuit of wealth was perceived as a worthy goal in life. d. Oxford and Cambridge produced a surplus of engineers. e. Britain
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begins at year 3‚So t=2‚t+1=3.and the present value of the annuity =$5000/8%*[1-(1/1+8%)^(25-2)] = $51‚855.29 ! ! ! C5-q11 A:(1)IRR(DF):$-750000+$310000/(1+r)+$430000(1+r)^2+ $330000(1+r)^3=0 r=19.8253% IRR(SR)=$-2100000+$1200000/(1+r)+$760000(1+r)^2+$850000/ (1+r)^3=0 r=17.3641% since r1>r2 project deepwater fishing should be chosen. (2)incremental cash flow: initial investment: -$1350000 year1:$890000 year2:$330000 year3: $520000 IRR : $-1350000+$890000/(1+r)+$330000/(1+r)^2+$520000/(1+r)^3=0 r=15
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the children’s strengths and abilities and make adjustments as you move along. It is also important to utilize in home experiences that can be useful for the children’s benefit. Daily tasks can slowly support the children to major accomplishments. 2. Explain “able-to function needs” and “neurodiversity”. The word‚ “able-to function needs” is defined as what the child need to function or progress
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