Abacus Inc. has asked you price a 5 year bullet bond issue for them‚ with Price‚ Yield to Maturity and Modified Duration. There are no comparable existing issues in the secondary market either by Abacus or a competitor and so you will need to price the issue from scratch. You have the following set of US Treasury bond data and consultations with your Bank Equity Analyst and Debt Analyst suggest that a Z-spread for Abacus of 200 bps over Treasuries and a coupon rate of 6.5% should be appropriate
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Words: 893 Recently‚ one of my good friend has inherited ￡20‚000 and wants to invest this amount of money in financial market‚ in other words‚ she is planning to buy some financial products such as equities‚ bonds and currencies. She has asked me for some guidance. In my opinion‚ I think diversifying portfolio would be the best way to get a higher return. In this essay‚ I will explain the concept and benefits of diversification in financial markets. However‚ even with a diversified portfolio of
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MUNICIPAL HEALTH CENTER JAYJAY P. GADOS BS-ARCH 1. | OUT-PATIENT/MEDICAL CONSULTATION- This provides medical assistance to any individual who needs medical attention. This aims to diagnose‚ treat illnesses and provide
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NAME: MASSAWE BARAKA‚ REG. NO: 2010-04-03894. 12 FINANCE 202 INDIVIDUAL ASSIGNMENT UDBS Consider a 10 year bond that has a face value shs 1000‚ a coupon rate of 6% and pays interest once a year. (a)Suppose person A bought this bond at par when it was initially issued and sold it 1 year later to person B for shs 1024.What is B’s total return? Soln Total return =[ Interest paid +(selling price – buying price)]/buying price Given; Annual interest paid = coupon rate x par value‚ coupon
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Bloomberg Aptitude Test Part 1 - News Analysis Air France-KLM Seeks New Look After Brush With Bankruptcy March 4‚ 2014 (Bloomberg)——Air France-KLM Group‚ Europe’s largest airline‚ is getting a new look. Chief Executive Officer Alexandre de Juniac is attempting a turnaround from near bankruptcy by adding a range of luxury accommodations to its long-haul fleet. Air France-KLM anticipates spending 1 billion euros ($1.37 billion) on the planned upgrades over three to four years. Many of Air France-KLM’s
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The Municipal Report by O’Henry To adequately analyze any short story it is helpful to know what inspired the author. Most readers do not have access to that kind of information especially if the work under inspection is over a hundred years old. But when that insight is available it gives one more important facet for investigation. “A Municipal Report” is a short story written by O’Henry and published around 1909. Most critics believe that the story came about as a challenge to Frank Norris
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Case Study 1: Municipal WiFi In this currently changing data-thirsty world‚ people like to access the information regarding family‚ business‚ politics‚ education and social or professional networking in their day-to-day lives. Thus‚ As-mobile-as-possible wireless access to the internet‚ intranet or a corporate database. Applicable services and features will include: VoIP in this case VoWLAN‚ Navigation w/o GPS but over Wireless network Internet browsing for professional development
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History of Municipal administration in India The earliest evidence of local management of civic administration in India can be traced to Indus Valley civilization (around 2300 B.C) which was essentially an urban civilization. Commenting on the Indus Valley civilization‚ Golden Childe says “well planned streets and a magnificent system of drains‚ regularly cleared out; reflect the vigilance of some regular municipal government”. The nature of society and governance at local level underwent a significant
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Municipal Solid Waste Management: Texas ENV/420 Municipal Solid Waste Management: Texas Long-term Costs & Benefit of Course of Action Municipal Solid Waste has a definition all its own. This means more than just trash; but rather what makes up all the bits and pieces of trash and garbage. Society‚ as a whole‚ tends to throw away almost anything that is no longer of value to them. However‚ the plastic‚ cardboard‚ paper‚ books‚ clothing‚ metals‚ foil products‚ and some glass items can be recycled
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Abstract A grievance was filed by Local 10 of the American Federation of State‚ County‚ and Municipal Employees (AFSCME) on behalf of Carol Fern. Carol has been an employee of Bainbridge Borough for 18 years as a tax clerk. She was recently denied a request of 6 months unpaid maternity leave for a new born baby she and her husband recently adopted. It is the union’s belief that there has been a clear violation of their contract with Bainbridge Borough. Bainbridge Borough will be required to provide
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