Goodrich-Rabobank Interest Rate Swap Case Section AC-G9 Kurtuluz Korkmaz - Murat Ongider - Jonathan Levi - Sumita Marwah 1. Is this an attractive alternative for the savings banks? Early in 1983‚ BF Goodrich‚ diversified manufacturer of tires and related rubber products‚ needed $50M to fund its ongoing financial needs. It could have borrowed this amount from its committed bank lines‚ with borrowing cost above the prime‚ which was 10 5/8 %. It wanted borrow longer term with fix rates not to compromise
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3 LIBOR 7 9 10 Floating Rate Received 8 10 11 Fixed Rate Paid 8 8 8 Swap Differential 0 2 3 Net Dollar Amount Received (Based on a Notional Value of $50 Million) 0 1000000 1500000 b. Determine the dollar amount to be received (or paid) by the counterparty on this interest rate swap each year based on the forecasts of LIBOR assumed above. ANSWER: Year 1 = $0; Year 2 = $1‚000‚000 paid; Year 3 = $1‚500‚000 paid 2. Interest Rate Caps. Northbrook Bank purchases
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INTEREST RATES ON DOMESTIC DEPOSITS* DEPOSITS – LESS THAN 5 CRORES SR.NO. W.E.F. 01/11/2013** PERIOD INTEREST RATES (% P.A.) INTEREST RATE ON DEPOSITS BELOW RS. 15 LAKHS INTEREST RATES ON DEPOSITS OF RS. 15 LAKHS < RS..50 LAKHS INTEREST RATES ON DEPOSITS OF RS. 50 LAKHS < RS.1 CRORES INTEREST RATES ON DEPOSITS OF RS. 1 CRORE < RS.3 CRORES INTEREST RATES ON DEPOSITS OF RS. 3 CRORES < RS.5 CRORES 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12
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LINGUISTICS FACULTY THE CHAIR OF TEACHING‚ PRACTICE‚ AND TRANSLATION IN ENGLISH TERM PAPER In History of English language “Borrowings in Old English” Kyiv 2013 Introduction Old English (Ænglisc‚ Anglisc‚ Englisc) or Anglo-Saxon[1] is an early form of the English language that was spoken and written by the Anglo-Saxons and their descendants in parts of what are now England and southern and eastern Scotland
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there is a surplus and the interest rate will rise. b. there is a surplus and the interest rate will fall. c. there is a shortage and the interest rate will rise. d. there is a shortage and the interest rate will fall. 3. Which of the following would tend to shift the supply of dollars in the market for foreign-currency exchange in the open-economy macroeconomic model to the right? a. The exchange rate rises. b. The exchange rate falls. c. The expected rate of return on U.S. assets rises
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along with the regime changes in Poland. These are the fields in which English borrowings dominate: * the economy‚ science‚ technology ( e.g. dealer‚ leasing‚ market‚ menadżer‚ marketing‚ sponsoring‚ biling‚ skaner‚ notebook etc.) * way of life (e.g. walentynka‚ weekend‚ fan‚ club‚ hit‚ happening‚ musical‚ showman‚ thriller‚ western‚ fitness‚ reality-show‚ etc). Types of English borrowings: 1. proper borrowings – they are characterised by a similar graphic form and pronunciation e.g. drops
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Glossary: 1) Interest rates: An interest rate is the rate at which interest is paid by borrowers to use the money they borrow from a lender. The annualized cost of credit or debt calculated as the percentage ratio of interest to the client. Each bank can determine its own interest rate on loans‚ but in practice local rates are about the same from bank to bank. In general‚ interest rates rise in periods of inflation‚ higher demand for credit‚ narrow money‚ or because of higher reserve requirements
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CОNTENTS INTRОDUCTIОN 2 I Theоretical aspects оf lexical bоrrоwings in the English language 4 1.1 Definitiоn and peculiarities оf lexical bоrrоwing 4 1.2 Ways оf bоrrоwing 7 1.3 Sоurces оf bоrrоwing 8 1.3.1 Celtic bоrrоwings 8 1.3.2 Latin bоrrоwings 9 1.3.3 Greek bоrrоwings 12 1.3.4 Scandinavian bоrrоwings 14 1.3.5 French bоrrоwings 14 1.3.6 Bоrrоwings frоm оther languages 16 1.4 Assimilatiоn оf bоrrоwings 18 1.5 Clаssificаtiоn оf bоrrоwings 20 Results оf the theоretical part 21 II Practical research
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controlled 4.2% of the US market in PCs. Also‚ Apple iPods models had controlled 70% of the hard drive MP3 player market. Apple Inc enjoys the leading share in the handset market‚ generating over 71% of the industry’s profit with 6.5% of the international handset market. Apple unveiled its first iPhone on 9th January‚ 2007. The most recent iPhone‚ is the iPhone 4S‚ and it was announced on 4th October‚ 2011 and was released 10 days later. The data released recently shows that since the release of
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Background……………………………………………………………………2 1.2 Definition of interest rates……………………………………………………..2 2.0 How does an increase interest rate affect the economy in the UK? 3.1 Encourage people saving money and reduce borrowing……………2-3 3.2 Decrease firms to investment……………………………………………..3 3.3 Promoting the exchange rate‚ and makes exports less………………...3 3.4 Reduce the aggregate demand and inflation rate………………………4 3.5 The price and cost will fall……………………………………………….4-5 3.6
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