You are offered a T-note that pays $1‚000 in 9 months (or 270 days) for $910. You have $910 in a bank that pays a 5% nominal rate‚ with 365 daily compounding. You plan to leave the money in the bank if you don’t buy the risk-free T-note. Which investment should you choose? Use the following all three solution methods to verify your answer. Greatest future wealth: FV Figure out FV of $910 left in a bank with 9 months‚ and then compare with T-note’s FV=$1‚000 Inputs: N = 270‚ I/Y =5%/365=0.0137%
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Alexander Hamilton: Triumphs and Tragedies By Matt Flood To die a tragic death by the hand of another man- to carve ones way through destiny and shape one’s future from the humblest of beginnings- to forge a legacy by a medium only those heralded as our countries "Forefathers" have per chanced to meddle with- these are the makings and the foundations for which great men and the dreams of our country rely upon. Everyone has heard the name Alexander Hamilton‚ but few are familiar with his
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Warf Computers Financial Cash Flow $ Thousands Cash Flow of the Firm Operating Cash Flow $1‚322 Capital Spending $810 Additions to net working capital $170 Total $342 Cash Flow to investors in the firm Debt $81 Equity $261 Total $342 Warf Computers Accounting Cash Flow Statement $ Thousands Operations Net Income $896 Depreciation $191 Deferred Taxes $130 Changes in Taxes and Liabilities Accounts receivable $37 Inventories $17 Accounts
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UNIVERSITY OF TEXAS AT DALLAS SCHOOL OF MANAGEMENT FIN6310: INVESTMENT MANAGEMENT SOLUTIONS TO PROBLEM SET #1 PROF. ARZU OZOGUZ SPRING 2013 1. Calculate the value of the following two bonds. Assume that coupon payments are made semi-annually and that par value is $1‚000 for both bonds. Coupon rate Time to maturity Yield-to-maturity Bond A 5% 5 yrs 7.2% Bond B 5% 25 yrs 7.2% Recalculate the bonds’ values if the yield to maturity changes to 9.4%. Which bond is more sensitive to the changes in
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MATHEMATICS OF INVESTMENT Simple Interest If you borrow a car from a car rental company or if you live in someone else’s house or apartment‚ you have to pay rent. Like paying rent for the use of a car or a house‚ you also have to pay rent for the money you borrowed. This is called interest. People like Marco earn by charging interest on loans. Banks earn most of their income from the interest that people pay for the amounts they borrow. How much interest one has to pay depends on three factors:
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Both Thomas Jefferson and Alexander Hamilton were prominent members of society during the era after the revolution. Yet while these two men came from similar backgrounds and both believed in liberty and independence‚ neither of the two men could stand each other. This was mainly due to the fact that the two men had radically different views on various subjects‚ and neither was willing to give up or alter their view. Alexander Hamilton‚ one of the most important people of the time‚ was the first
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INVESTMENT DECISION Tianfu Electronics Ltd is a midsized electronics manufacturer located in Chengdu‚ China. The company president is Dr. Wang Datong‚ a graduate from Tsinghua University‚ who founded the company 20 years ago. The company originally repaired radios and other household appliances. Over the years‚ the company expanded into manufacturing and is now a reputable manufacturer of various electronic items. Meng Xiaolan‚ a recent MBA graduate from Fudan University‚ has been hired
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incorporated into our system. Thus changing how we are governed today. Two of the most famous political stances in our history had very different views on how our government should be established and how it should forever be ran. Alexander Hamilton has always been remembered for his strong
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1796 two parties emerged. The Federalist who were formed by Hamilton and his associates to promote shared political ideas who believed in a strong centralized government and felt the Constitution was open for interpretation. The Democratic Republican party who Thomas Jefferson and James Madison lead and believed in state rights‚ strict interpretation of the Constitution‚ and limited government. After looking at both sides I believe Hamilton and the Federalist is the best side. The Federalist seem to
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Jefferson and Hamilton were both fundamental in the creation of the Constitution and the present government. They both agreed that the government needed some changes‚ but that is where the similarities ended. Hamilton was the creator of the Federalist Party which represented favor in strong central government‚ a Federal Bank‚ and a stable financial system. Jefferson was the creator of the Anti-Federalist Party who did not favor strong central government‚ and believed in an agrarian economy. Both
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