Homework 2 Solution‚ Fin 500Q‚ Quantitative Risk Management 1. Assume gold price risk is diversifiable‚ and the riskless rate is 5%. A firm produces a unit of gold a year from today. Assume all interest is compounded annually and is tax deductible. The price of gold is either $500 or $200‚ each with probability 0.5. Suppose the firm pays taxes at a rate of 40% for all its cash flow in excess of $300. The value of the firm is the expected discounted value of its cash flow less the expected discounted value
Premium Finance Money Forward contract
.................................................................................................... 6 5. Profit and loss Analysis ...................................................................................................... 8 6. Value at Risk .................................................................................................................... 12 6.1 The Historical Simulation ........................................................................................... 12 6.2
Premium Futures contract
Autocomposites Workshop Kickstarting the widespread adoption of automotive carbon fiber composites 7‚8‚9 November 2012 Troy‚ MI 1 AUTOCOMPOSITES PROJECT OVERVIEW & FAQ AUTOMOTIVE CARBON FIBER INDUSTRY CONTEXT CHALLENGES TO WIDESPREAD IMPLEMENTATION MANUFACTURING INNOVATION DESIGN & ANALYSIS ENHANCEMENT LIFECYCLE CONSIDERATIONS APPROACH TO OVERCOME CHALLENGES 2 Overview Lightweight Autocomposites Summary RMI is committed to reducing U.S. oil dependence and enhancing
Premium Carbon fiber Composite material
498 Assignment 4 Spring 2013 Due Date: March 26‚ 2013 1. Consider the Luxury Seaside Hotel Risk Management case you put together in your previous assignment. Answer the following questions regarding each one of the risk sources you have identified (at least 4). i) If you desired to follow a statistical approach in the assessment of the risk‚ what hard data would you need‚ what hard data do you think would be available‚ what near accident data could be used to support the available
Premium Statistics Logistic regression Regression analysis
Case Study into the Application of Composite Technology – A400M Wing Spars Candidate ID: 499751 November 2014 Table of Contents Introduction to the Airbus A400M Atlas 3 CFRP Structure and Properties 5 Structure – CFRP 5 Properties – CFRP 6 Processing Method 7 Processing Method – Spars 8 Prepreg 8 Automated Tape Laying 8 Autoclave Processing 8 CFRP vs Aluminium Alloys 9 Advantages – Comparison of CFRP vs Aluminium 9 Disadvantages of CFRP 9 Failure of Composites 10 Future Materials and Opportunities
Premium Tensile strength
Risk Management Plan No indoor pyro/flare According to one of the witness‚ “Someone from the crowd tossed a flare and there were immediately flames.” (Joyner‚ 2004). “The blaze started when a flare ignited the flammable foam celling‚ sending burning debris and smoke into the crowd.” ( Carroll‚ 2011). Indoor pyro/flare should not be tolerated in venues such as concerts‚ bands. Club operators should consider audience safety to be part of their responsibility and neither engage in‚ nor tolerate
Premium Nightclub Occupational safety and health Fire protection
CONSTRUCTION MANAGEMENT 4 MANAGE THE PLANNING OF WORK METHODS‚ RESOURCES & SYSTEMS TO MEET CONTRACT REQUIREMENTS MANAGE THE PLANNING OF WORK METHODS‚ RESOURCES & SYSTEMS TO MEET CONTRACT REQUIREMENTS Objective1 Manage the evaluation & selection of construction methods Objective 2 Manage the planning of work activities & resources to meet contract requirements Objective 3 Manage the selection & formation of contract team Objective 4 Manage the operations of organisation & communication system
Premium Management Contract Project management
The Risk Profile A plot showing how firm value is affected by changes in prices or rates. Reducing Risk Exposure Although perfect hedging may be impossible‚ the normal goal is to reduce financial risk to bearable levels and thereby flatten out the risk profile. Forward Contracts: The Basics Forward contract—contract between buyer‚ who will take future delivery of the goods‚ and seller‚ who will make future delivery‚ for sale of asset in the
Premium Derivative Forward contract Option
Cook Composites and Polymers Co. Developing a Sustainable Supply Chain Ong Kar Hian | U098481J AY 2012/2013 | Semester 1 Cook Composites and Polymers Co. (CCP) were founded in 1990 and is a leading manufacturer of gel coats‚ unsaturated polyester resins‚ coatings resins and emulsions. The company prides itself most in producing high-quality‚ custom-designed gel coats. To produce high quality gel coats‚ CCP utilizes styrene as a cleaning agent for their mixing vessels because styrene
Premium Carbon dioxide 175 Emission standard
5. Risk Management 5.1 Purpose This part describes how we will perform the job of managing risk throughout the project. It will define the roles and responsibilities for every member in the risk processes‚ the risk management activities that will carried out‚ as well as the schedule for the risk management activities. 5.2 Role and responsibility Project Manager - The project manager will meet with other members of the Project Management team (Programmer‚ User Interface Designer‚ Database
Premium Risk management Management Risk