Business Consultancy International BBCi 2009 WS 2009/10 Final Examination Principles of Corporate Finance I Dr. Kinga Niemczak 14.12.2010 Name: ___________________________ Student No.: ______________________ 1. a. Calculate the value of a 4.65% five-year €1‚000 bond‚ if you know that the bond is rated AAA and the typical YTM for such bonds is 6.25%. (6 points) b. How will the value of this bond change (in %) if yield increases
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aircraft-leasing operations to Japanese investor Sumitomo Mitsui for $7.3 billion dollars. Then Mitsubishi UFJ Lease and Finance Company‚ the leasing unit of Mitsubishi UFJ Lease and Financial Group‚ acquired U.S. aircraft-leasing entity Jackson Square Aviation for $1.3 billion dollars. However‚ a major highlight was 80.1 percent sales made by American International Group (AIG) of its International Leasing Finance Corporation (ILFC) to a Chinese consortium for $4.2 billion dollars‚ with a 9.9 percent option for
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1. INTRODUCTION In order to start and sustain a business one needs finance. In the unit one on feasibility study. It’s included in the process of estimating financial requirements. The process involved:- a) Making a list of all the assets b) Identifying the sources of supply c) Estimating the cost of acquisition when the assets are to be acquired on outright basis. Then investment requirements as well as entrepreneur’s fear will increase. To scare away the entrepreneur’s fear‚ the emphasis
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to classify a lease that Lessee‚ Ltd. acquired from Lessor Inc. The accounting standard that deals with leases under IFRS is IAS 17. IAS 17 was originally issued in September 1982 and was reissued in December 2003. It classifies leases as either finance leases or operating leases. Finance leases make it so that the lessee recognizes an asset and a liability and the lessor recognizes a receivable‚ basically transferring all the risks and benefits of ownership. Under operating leases‚ the lessor still
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purchase: debt financing‚ lease financing‚ or reliance on federal sources. The case opens in April 1999‚ with Amtrak’s Chief Financial Officer (CFO) Arlene Friner instructing her staff to review a leveraged-lease proposal that has just been submitted by BNY Capital Funding LLC (BNYCF). The objectives of the case are to: Introduce students to financial leases as a financing alternative. Explore the lease-versus-buy decision and the conditions under which financial lease arrangements make sense.
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Final Paper on Lease Divya Kulkarni Northwest University Financial Management Prof. Dan Yeomans April 20‚ 2015 Lease Lease is a rental agreement that extends for a year or more and involves a series of fixed payments. A lease agreement gives guarantees to the lessee (the renter) use of an asset and guarantees the lessor (the property owner) regular payments from the lessee for a specified number of months or years. Both the lessee and the lessor must uphold the terms of the
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Introduction to the Finance Company Project Your team is required to analyze the future business and economic prospects of a major‚ publicly traded corporation using financial concepts and techniques as well as the concepts and techniques from other business areas. Make sure any statements you make in your analysis are consistent with the knowledge base of finance. Also please include your calculations (including spreadsheets)‚ data sources (be specific‚ including date and page number(s))‚ and
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makes one-time or periodic payments to the lessor in return for the use of the asset. The lease agreement is binding on both the lessor and the lessee‚ and spells out the rights and obligations of both parties. The lessor may grant special privileges to the lessee‚ such as early termination of the lease or renewal on unchanged terms‚ solely at his or her discretion. The lessor is also known as the landlord in lease agreements that deal with property or real estate. Investopedia explains ’Lessee’ The
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Corporate Finance: An Introduction (Welch) Chapter 1 Introduction 1.1 The Goal of Finance: Relative Valuation 1) Which of the following statements is true? A) In finance‚ it is important to determine an asset ’s absolute value. B) The relative value of any asset is‚ at best‚ a lucky guess. C) The true value of an asset is unaffected by externalities such as interest rate levels‚ the state of the economy‚ etc. D) Valuation is not an exact science
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Unit 2: Finance in the Hospitality Industry Task 1 1.1 As an employee of Alpha Beta services my aim is to help small business owners or people think of starting a business within the hospitality industry by informing them of the funding available for these businesses and income generation for businesses and service industries. With small businesses or people thinking of starting a business is probably always the biggest problem. Below is a list of some of the most popular funding and start-ups
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