and Barry L. Kalman in department of computer science of Washington University. In this research artificial neural network has been used and ten inputs have been used. They are standards and poor 500 index‚ dollar index‚ bond index‚ bond yields‚ sterling currency index and gold mining index. And in this research five hidden layers have been used. There were two output variables as sell or buy. This based research has found there is a significant relationship between above inputs and prices of gold
Premium Artificial neural network Neural network Artificial intelligence
CHAPTER 1 1. What is the typical relationship between interest rates on three-month Treasury bills‚ long-term treasury bonds‚ and Baa corporate bonds? The interest rate on three-month Treasury bills fluctuates more than the other interest rates and is lower on average. The interest rate on Baa corporate bonds is higher on average than the other interest rates. 2. What effect might a fall in stock prices have on business investment? The lower price for a firm’s shares means that it can raise
Premium United States dollar Currency Finance
survived in business could attract new investments. 1930 coal mines had more modern machinery. Unemployment rose 1932-33 1931 cuts didn’t save the Gold Standard. National gov was supposed to protect the finance. Leaving gold standard meant the pound fell in value. Making exports cheaper. Other countries left the gold standard and fell in value too. Other countries introduced tariffs making exporting more difficult. More exports were sold to the empire countries but this meant a decline in exports
Premium International trade
finance policy and economic policy. The Bank of England is the UK’s central bank and is responsible for issuing notes and coins in the nation’s currency‚ the pound sterling. Banks in Scotland and Northern Ireland retain the right to issue their own notes‚ subject to retaining enough Bank of England notes in reserve to cover their issue. Pound sterling is the world’s third-largest reserve currency (after the U.S. Dollar and the
Premium United Kingdom
quit school 2 years ago and moved to Florida to become an orange farmer. Admiring your wisdom acquired from your Fin475 class‚ he contacted you this year to help him with some risk management decisions. a. He told you he is going to harvest 200‚000 pounds of oranges this October if the weather is normal. You did your research and find no futures contracts of orange trading at any exchanges but there are contracts for condensed orange juice
Premium Futures contract United States dollar Option
Heath further transferred responsibilities to market forces with interest rates and allocation of money being determined by market forces. Prices were rising by 7% and wages earnings double. Still in a fixed exchange rate system‚ Heath faced a sterling crisis just like his predecessors‚ possibly another devaluation. Taxation was shifted from direct to indirect‚ further by cuts in some personal taxed encouraged spending and inflation. With ECC
Premium Economics Inflation Monetary policy
because revenue in USDs will rise. However‚ if demand is elastic in New York‚ the effect of the appreciation of the Pound would be damaging to UK exporters. If the UK also imports goods from the USA‚ the rise in the exchange rate would mean that a $10 US product is now cheaper in London‚ falling from £6.67p to £6.25p. Importers do relatively well from the appreciation of the pound‚ in that the cost of imported raw materials or finished goods falls. Therefore‚ whenever the exchange rate changes there
Premium Inflation International trade
1. A company enters into a short futures contract to sell $5000. The current future price is 250 cents per pound. The initial margin is $3000 and the maintenance margin is $2000. What price change would lead to a margin call? Under what circumstances $1500 could be withdrawn from the margin account? 2. Stock is expected to pay a dividend of Tk 10 per share in 2 months and again in 5 months. The stock price is Tk 500 and risk free rate of interest is 8% p.a. with continuously compounded for all
Premium Call option Option Put option
The Italian Lira is a fairly new currency with roots that lie deep within Italian culture. The word "lira" is actually derived from the Latin word "libra"‚ meaning pound‚ making it a distant cousin to that of the British pound sterling. The lira was a monetary unit long before it existed as a coin or note. The lira made its first appearance in the hands of bankers‚ merchants and consumers in Venice in 1472‚ put in place by Doge Nicolas Tron. The Venice lira set a trend for large silver coins with
Premium Rome Ancient Rome Palatine Hill
How the UK inbound and domestic tourism is affected by internal and external factors Within travel and tourism industry‚ inbound and domestic tourism factors change a lot‚ there are Internal and external factors that affect tourism within the UK. The internal factors are; health‚ safety and security within the UK‚ accessibility‚ marketing campaigns‚ availability of products and services‚ quality of goods and services and value for money of the UK. The outbound factors are; the exchange rate‚ travel
Premium Tourism England United Kingdom