Case IV: Arbitrage in the Government Bond Market Fixed income management (EBC4058) Tutor: Micheal Viehs Coordinator: Thomas Post Group C: de Vivo Paolo 6057152 Bing-Jun Zhu 6030493 Honglei Zhao 6051963 04/03/2013 INDEX I INTRODUCTION II BOND MARKET – A snapshot III TWO SYNTHETIC BONDS BUILD THE TWO SYNTHETIC BONDS PRICE OF THE SYNTHETIC BONDS IV HOW TO EXPLOIT THE ARBITRAGE OPPORTUNITY SPECULATING ON POSSIBLE REASONS V THE ADVANTAGES OF CALLABLE BONDS VI CONCLUSIONS VII PROBLEM SET
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The “Affordable Care Act of 2010” also known as “Obamacare” or “Health Care Reform Act of 2010” is a universal healthcare plan that was designed to allow Americans to be able to get quality health insurance that people would be able to afford‚ and to cut U.S health care spending down as well. Many Americans debated about whether or not it was beneficial for everyone or just certain people‚ so there are many advantage and disadvantages for Americas due to this reform. Many of the doctor visits and
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“According to the U.S. Department of Health and Human Services‚ Administration for Children and Families‚ 641‚000 children lived in foster care in 2012. Even with 52‚000 adoptions in 2012‚ 102‚000 were still legally ready for adoption with no parental rights’ strings attached.” Adoption can be a very long process‚ especially if it is an international deal. Other than it being a long process‚ it can also be an emotional and thoughtful event that can bring happiness‚ of many emotions. When going through
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What are the pros and cons of outsourcing? Outsourcing is often undertaken to provide enterprises a competitive advantage by delegating business process to external agencies and realizing the benefits of low labor‚ better quality and improved innovation. While this provides a good picture of the fair side of the coin‚ most managers however need to grope with the possible shortcoming of the process and the corresponding impact on the company’s core processes. To best analyze the opportunities presented
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PROS of Convertible Bonds Convertible bonds offer an investor the opportunity for income in a company in that they typically pay a fixed rate of interest. They also allow an investor the ability to take ownership in the company when they convert that bond to a stock. An investor that is satisfied with that fixed rate of interest can rest a little easier and not have to worry about the common stock fluctuating with the stock markets gyrations. Like other types of bonds investors can park
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Name‚ Class‚ Date‚ Teacher Arguments For and Against School Uniforms Pro-Uniforms Many private and catholic schools have converting to uniforms rather than a “free dress” policy. Causing less distractions than student chosen attire and further defining the students primary academic focus‚ it can be clear to one why schools are adapting the new dress code. Not having to worry about if her shorts are too short or that shirt is showing too much skin‚ administration can focus on the education of their
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A PROJECT REPORT ON A STUDY OF FIXED DEPOSITS SUBMITTED BY DEEPMALA UID NO: 13MBA1051 OF UNIVERSITY SCHOOL OF BUSINESS CHANDIGARH UNIVERSITY GHARUAN MOHALI DECLARATION Requirements for the award of degree of M.B.A. submitted in the USB department under Chandigarh University‚ Gharuan
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considerably... The productivity of U.S. workers has grown at an average annual rate of about 2.5% since 1948‚ but has averaged only about 1.1% since 2011—less than half the historical rate." As we note in a related editorial‚ the solution lies in a return to pro-growth economics. PILOTS WANTED A wave of mandatory retirements plus new FAA regulations mandating more rest for pilots are causing a labor shortage in the cockpit. WHEN YOU AGREE WITH OBAMA 97% OF THE TIME... ...you are bound to have a tough
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References: Hybrid cars vs. regular cars. Retrieved September 29‚ 3008‚ from: http://www.greenlivinganswers.com/hybrid-vehicles/hybrid-cars-vs-regular-cars Dunn‚ Phillip‚ (2006‚ January) Hybrid Cars – Pros and Cons. Retrieved September 29‚ 2008 from: http://www.physorg.com/news10031.html
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On this topic of gay marriage I’ve chosen the two ethical theories of utilitarianism and the Kantian ethics theory. On the pro side the utilitarianism theory plays a huge role when referring to this topic. Some may argue that it is constitutional and some may say that it just isn’t the right thing to do in this country. With this theory the actions are said to be judged in terms of promotion of human happiness. If someone is happy why it should matter what the law or government thinks. It’s important
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