Money Market Hedge (MMH) (a) To hedge export receivable in USD (i) borrow the present value of USD (ii) convert the USD to AUD in spot market (this allows you to know how much AUD you will get for the receivable‚ therefore hedged) (iii) The future value of this AUD is equivalent to the USD receivable‚ an implied forward rate is obtained. (b) To hedge import payable in USD (i) borrow AUD (pay AUD interest rate) (ii) convert the AUD in
Premium Foreign exchange market Forward contract Futures contract
The passage from Empire of Illusion by Chris Hedges explains how “the most essential skill in political theater and a consumer is artifice.” In political theater and a consumer‚ being artifice means to deceive or trick someone for your own benefit. Moreover‚ he argues that an image-based culture communicates through narratives‚ pictures‚ and pseudo-drama and those who don’t are ignored. Being artifice is technically not the greatest thing you can do‚ but it works well with many leaders out there
Premium Sociology Political philosophy English-language films
As I have already stated numerous times‚ and I am sure that you are tired of hearing‚ The Other Wes Moore is a story of great emotion‚ about two children with the same name and very similar lifestyles‚ growing up‚ but ending up in two completely different places with their lives. The story tells of Wes Moore‚ the author‚ facing poverty and his ambition to receive a proper education‚ and Wes Moore‚ a man convicted of murder in the first-degree and sentenced to a life in prison. How could these two
Premium Murder Prison Life imprisonment
In chapter 1.2 of “Taking Sides” by Kurt Finsterbusch‚ is about a social problem we are facing as society nowadays‚ and there are two articles from different authors that debate this topic. Professor Gary Gutting‚ states that even when capitalism have boosted the economy and it is important the production to supply the essentials material needs to consumers. On the other hand‚ Gutting (2013)‚ argues that consumerism that well being and good life do not depend on the accumulation of materials‚ commerce
Premium Sociology Economics Consumerism
Analyze your life in terms of its environment. Are the things around you helping you toward success - or are they holding you back?” (W. Clement Stone) This idea could not be better represented than the two young boys that this story is about. In “The Other Wes Moore: One Name‚ Two Fates‚” written by Wes Moore‚ two fatherless young boys that grow up with the same name and that live in the same neighborhood couldn’t have taken more different paths in life. Wes Moore becomes a Rhodes Scholar‚ veteran and
Premium
In The Dark Side of Web Anonymity by Catherine Holahan‚ there have stated Students who protested anonymous gossip sites wore shirts that read “Anonymity = Cowardice.” In my perspective‚ I agree these student’s view because I think if you want to spread gossip; they should let other know who said it. Since people can spread some gossips that is not true so I think people have to use their own name to become responsible. In addition‚ I feel people use Internet to become a form of cyber bully which
Premium Abuse Bullying Internet
Synopsis The Galleon Group was a privately owned hedge fund firm that provided services and information about investments. The group was founded in 1997‚ and attracted employee’s from Goldman Sach’s and Needham & Co. The company made its profit and other companies by choosing stocks carefully. Raj rajaratnam was an analyst for Needham for 11 years before leaving to start Galleon Group‚ he took several employee’s from his previous
Premium Conviction
People judge others by the way they talk‚ look‚ and their actions without knowing the story behind them. A person’s action and opinions most commonly come from their culture or religion. How they were raised as a young kid‚ the influences they have ‚and expectation they live by effect the way choices are made. In the article Africans speak II the author makes points about how a child is raised. "Such education as the young receive concerns itself a great deal with moral and religious precepts;"
Premium Sociology Race Psychology
Chloe Chen Writing 2 April 29‚ 2013 Homelessness: The Effects of Both Sides C.S. Lewis‚ a famous British writer once said‚ “Courage is not simply one of the virtues‚ but the form of every virtue at the testing point.” Virtues like generosity‚ hope‚ and justice are merely words without courage. Many people will come to crossroads where they face difficult decisions they must make; courage must be the core involvement for executing any task. There are no restraints within us when we all have to face
Premium English-language films Courage Virtue
MILLERSBURG — Whether they’re ordering roast beef‚ turkey‚ or ham; Swiss‚ cheddar‚ or mozzarella; topped with peppers‚ lettuce‚ pickles‚ or tomatoes‚ customers to the Trail Side Deli need not just stand and wait for their fresh sandwich to come together. Trail Side Deli‚ which started in April 2014 and relocated to its current address‚ 1497 S. Washington St.‚ a year later‚ has grown to offer customers much more than a full variety of meats and cheeses‚ custom assembled for a sandwich or sliced for
Premium Food Fast food Nutrition