two zero-coupon bonds‚ one maturing in three years and one maturing in five years. Both have a face value of 100 euro. The three year rate is currently 3% and the five year rate 4%. What is the value of your portfolio? What is its modified duration? What is the sensitivity of the portfolio value to one basis point increase in each of the time buckets? What is the present value of a basis point? After some up-beat economic news‚ the three years rate moves up to 3.17% and the five years rate to 4.40%
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training document about the US Bond Market for use in the new employee-training program. In your document‚ you must make sure to address each of the following: 1a: The key players in the market; and the types of investments available to both individual investors and institutional investors‚ Bond Characteristics A bond is a "security" which gives the holder a financial claim on the issuer. This claim protects the holder in circumstances in which the issuer is unable to pay the amount due. It is made
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Chapter 8 Student: ___________________________________________________________________________ 1. The initial response by politicians to the actual and impending changes in the competitive environment of the European energy industry was A. encouragment B. opposition C. to speed integration D. to defeat the EU E. concern over more competition 2. An agreement between countries in a geographic region to reduce tariff and non-tariff barriers to the free flow of goods‚ services‚ and factors of production
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AP/ITEC1000 Section M "Introduction to Information Technologies" Winter 2014 Assignment # 2 Answers and Solutions 1) a) Convert 124 to its binary representation: 12410 = 011111002. Positive numbers are always represented by themselves. The answer: 01111100 b) Convert -124 to its binary representation: -12410 = -011111002. Using the second method for negative numbers‚ invert and then add 1. The answer: 10000100 c) Convert 53 to its binary
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I have tried to accommodate everyone‚ however some students have not yet been assigned an interview date/time‚ due to restrictions of class time. Please review the attached sheets for your section to find your Final Interview date and time. All interviews will be held in the same classrooms unless otherwise specified‚ eg: School of Business Office. You must come equipped with your resume‚ appropriately dressed and on time. Please wait outside the classroom until the person before you has left
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and Y. Year X Y 1 8% 16% 2 21 38 3 17 14 4 -16 -21 5 9 26 2) You bought one of the Great White Shark Repellant Co’s 8 per cent coupon bonds one year ago for $1030. These bonds make annual payments and mature six years from now. Suppose you decide to sell your bonds today ‚when the required return on the bonds is 7 per cent .If the inflation rate was 4.2 per cent over the past year ‚what was your total real return on investment ? 3) A stock has had returns of 3 per cent ‚38
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theorist‚ Travis Hirschi (1969)‚ introduced social bond theory during the late 1900’s as a means to explain one’s resistance to crime (Lilly‚ Cullen & Bell‚ 2015). Hirschi (1969) claimed that the potential benefits of committing crime equally motivated most individuals‚ therefore‚ the primary concern was how individuals resist such temptations (Lilly et al.‚ 2015) The answer‚ involves the social control exerted upon an individual through social bonds that keep them from committing crime (Lilly et al
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particular theory is most adequate in explaining why people do not commit crime. Hirschi proposed his Social Bond Theory back in in 1969. This theory states that individuals will commit criminal or delinquent acts when their ties (bonds) to society are weakened or have broken. When the bonds are strong‚ an individual
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Stainless Steel Comparison 302 AISI 302 is the most basic type of steel in the chromium-nickel group. It is an austenitic steel‚ which is used for chemical resistance and hardenable by cold work. It contains 18% chromium and 8% nickel. It has corrosion resistance to mild-atmospheric and fresh water‚ industrial atmospheric‚ marine atmospheric‚ mild chemical and oxidizing chemical environments. Type 302 is also highly resistant to gasoline. 303 AISI 303 is an austenitic steel in the chromium-nickel
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The 8 Years Old Anorexic" is a documentary which aired on barcroft TV and distributed by zodiac Rights and tells the story of 8 years Dana who stopped eating and developed anorexia. The documentary follows Dana who undergoes a 12 weeks treatment at Rhodes Farm clinic in London. The program shows different perspectives of anorexics and how and why they got diagnosed. Different causes to anorexia are discussed as well. What makes this documentary special is that it is about Dana‚ who is 8 years
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