Department of Applied Finance and Actuarial Studies ACST101 : TECHNIQUES AND ELEMENTS OF FINANCE TECHNIQUES READING FOR WEEK 1 SIMPLE INTEREST & SIMPLE DISCOUNT INTRODUCTION TO TECHNIQUES The first half of the lectures develop the basic techniques required to solve financial problems: - Simple interest and simple discount which are usually only used for transactions of a short duration. The price paid for securities purchased in the money market is usually calculated using a simple interest
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Finance Theory I – Case 2 Tracy Hsiao‚ Baltic Ocean Evaluation of AQR Momentum Funds Date: Dec. 5th‚ 201r Past performance of momentum strategies – CAPM & Fama‐French MOM 4 factors model In Table 1‚ we could evaluate the past performance of momentum strategy‚ Short Decile 1 and Long Decile 10‚ a.k.a. L/S (10‐1). Capital Asset Pricing Model (CAPM) E(R) = α + Rf + β (RM - Rf) + By applying to CAPM‚ we got a β that is almost zero (-0.08) showing the strategy could effectively diversify and reduce
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About Central Investment & finance PLC Ownership Central Investment & Finance Limited was established in 1966 by Mr Hinni Appuhami ‚ Who was the founder of Malliban Biscuits & it was remained as a family owned company for about four decades. Subsequently‚ in the year 2004‚ 74.5% stake of the company was acquired by the Aspic Corporation limited which is a diversified Investment management company. At the time of Acquisition CIFL was with a deposit base of 30 million & an accumulated loss of 12 million
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In that position‚ Roberts formed five locals and led an organizing drive for workers in the city’s four mental hospitals. Under Roberts’ leadership‚ DC 37 represented approximately 125‚000 public workers in New York City and state‚ 50‚000 retirees‚ 1‚000 job titles and 55 locals. Once she moved to New York‚ Roberts continued her mission of fighting for worker rights by organizing thousands of city hospital workers in 1966. Roberts was against privatization of public services and costly government
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To: Upper Management From: Justin Claybrook Date: September 16‚ 2014 Type: Ribe Entering New Markets I‚ Justin Claybrook‚ would suggest Ribe entering China because the pros outweigh the cons. They have upward price trends and decreasing freight rates in China. The 10‚000 square meters in (NIP) also serve as a plus because this allows companies to initiate production quickly at a low cost. The biggest con on entering the Chinese market is the 1 million dollar investment due to the subsidiary
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Dr. Robert W. Stokes was a licensed‚ board-certified dermatologist who practiced medicine in Grand Rapids‚ Michigan. Doctor Stokes was well-renowned and popular in his practice. However‚ in 2001 federal agents initiated an investigation into Dr. Stokes’s billing practices to determine whether he was up-coding certain outpatient surgical procedures. Up-coding is “billing Medicare and insurers for more expensive procedures than what was performed” (Justia US Law‚ 2010). The investigation exposed some
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Assassination of Robert Kennedy Robert F. Kennedy was the United States Attorney General from 1961 to 1964. He served as the United States senator for the state of New York from 1965 to 1968. In 1968‚ Kennedy campaigned for the democratic nominee for the 1968 presidential election. Although Kennedy supported Israel in the Arab-Israeli war‚ Sirhan Sirhan was not justified to assassinate him‚ because Sirhan irrationally supported the Arabs and Kennedy was a promising presidential candidate. Robert F. Kennedy
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Mini Case Report – The Dilemma at Day-Pro 1) PayBack Period for Synthetic Resin and Epoxy Resin: Synthetic Resin PBP = 2 + 250/200 = 2.5 years Epoxy Resin PBP = 1 + 200/400 = 1.5 years To show that using the Payback Period to evaluate the projects is flawed‚ Tim can argue that the PayBack Period ignores the time value of money‚ requires an arbitrary cutoff point‚ ignores cash flows beyond the cutoff date‚ and is biased against long-term projects‚ such as research and development‚ and new projects
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The piece of literature "The American Wilderness: Why It Matters" expresses Robert F Kennedy‚ Jr’s concern about the American Wilderness. Within this piece of literature‚ Kennedy is addressing the general American public. This piece of literature was not meant for anyone but Americans. You can see this by the usage of his language. He continually talks about the "American" wilderness‚ the "American" culture‚ the "American" fill-in-the-blank. I could not see anyone that is not American nor connected
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Major Robert J. Fekete distinguished himself in the performance of outstanding service to the United States as Operations Officer‚‚ 773d Logistics Readiness Squadron‚ 673d Logistics Readiness Group‚ 673 Air Base Wing‚ Joint Base Elmendorf-Richardson‚ Alaska from 21 April 2015 to 4 August 2017. During this period‚ Major Fekete flawlessly managed the only Air Force-operated Central Issue Facility in support of a combat brigade and eliminated $20-million of excess equipment boosting inventory accuracy
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