Case IV: Arbitrage in the Government Bond Market Fixed income management (EBC4058) Tutor: Micheal Viehs Coordinator: Thomas Post Group C: de Vivo Paolo 6057152 Bing-Jun Zhu 6030493 Honglei Zhao 6051963 04/03/2013 INDEX I INTRODUCTION II BOND MARKET – A snapshot III TWO SYNTHETIC BONDS BUILD THE TWO SYNTHETIC BONDS PRICE OF THE SYNTHETIC BONDS IV HOW TO EXPLOIT THE ARBITRAGE OPPORTUNITY SPECULATING ON POSSIBLE REASONS V THE ADVANTAGES OF CALLABLE BONDS VI CONCLUSIONS VII PROBLEM SET
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Artemis Sportswear Profit Margin Increase Proposal Brian Townsley Comm/215 9/7/2012 When writing a proposal two things need to be addressed‚ the problem and the proposed solution to that problem. Our task is developing a solution‚ to a need for a profit margin increase at Artemis Sportswear Company. Artemis Sportswear Co.‚ is an international‚ multimillion dollar company‚ has been mentioned countless times in top financial and business magazines such as Forbes‚ Fortune‚ and Business
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Praise of Margins”‚ Frazier emphasizes the importance of engaging in “marginal” activities. He does not like the negative connotation that the word “marginal” has been given. It’s negative connotation comes from the thought that it describes things that have close to‚ or no purpose. All activities start out as having no purpose to them always end up having a deeper meaning to them in the end. Activities such as traveling‚ playing basketball‚ and exploring the woods in “In Praise of Margins” may be
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Roman Contributions The Romans are considered among the greatest architects of ancient times. They were incredible builders and excellent engineers. The Romans cannot take all the credit for their accomplishments though; some of their inventions were just improvements on older ideas or concepts from Greece. Aqueducts are one thing the Romans got from Greece‚ although‚ they were not called aqueducts in Greece. The Greeks were the first to have a mass water supply system. They used water pumps
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used? Will trends in these ratios always move in the same direction? All the three bases are used to find the return earned with respective to sales as well as investment made. When the profit is compared with sales‚ it is called as the net profit margin. When the profit is compared with assets‚ it is called as return earned on total investment and when profit is compared with stockholders’ equity‚ it is called as return on equity. All these are profitability ratios and help to analyze the profitability
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CONTRIBUTION-SOCIALLY The impact of the air transport industry is not just a result of the economic activity it generates or facilitates. Air transport also contributes to people’s quality of life in a number of other ways that are not captured in standard economic indicators: for example‚ by contributing to sustainable development‚ supporting remote communities and widening consumer choice. Air Asia contributes to sustainable development It makes a major contribution to sustainable development
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quote‚ I deem myself capable of becoming one of the essential pieces that would make a complete picture of the class. I believe that variety of skills which I possess from my diversified personal and professional experiences will influence my contributions to your college. I am an engineer with interest in arts‚ a man with technical aptitude with inclination towards business‚ and a person with zeal towards personal goals with dedication towards social responsibility. With these diversified facets
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Margin Review Questions 1.In what ways did pastoral societies differ from their agricultural counterparts? Pastoral societies supported far smaller populations. Pastoral societies generally lived in small and widely scattered encampments of related kinfolk. Pastoral societies generally offered women a higher status‚ fewer restrictions‚ and a greater role in public life. Pastoral societies were far more mobile. 2.In what ways did pastoral societies interact with their agricultural
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Individual Contribution Our project began with brainstorming sessions on how to approach the task at hand. On this first level‚ we were discussing about so many information that we felt it was time that we pulled those ideas together and start working on the project. Each of us did our share in the project and later a meet up was initiated to discuss and compiled our information. Each individual in a team has their own strengths and weaknesses. When learning teams are properly structured and
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Chapter 1 Prices‚ Discount Factors‚ and Arbitrage STARTING WITH COUPON BONDS • Three aspects: In May 2010 the U.S. Treasury sold a bond with – a coupon rate of 2 % and – a maturity date of May 31‚ 2015 – a payment frequency of two a year‚ six months apart s of May 31‚ 2015” • This bond is called “ Coupon rate 9/5/2013 Coupon frequency‚ “s” is for “semi‐annual” L. Wu maturity 2 Cash Flow of the Bond • The unit for bond purchasing is $1‚000. • Suppose that an investor purchases $1m face
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