shrutiacharya18

What is capital revenue?

Suppose you are working for an international investment firm, and you observe that the annualized return for 3-year Australian corporate bonds is 2.83% while and the annualized 3-year French corporate bonds is 3.58%.

1. You get the following quotes:

EA$/€ = 1.3653

3-year forward rate: FA$/€, 3-year = 1.3894

Is there any arbitrage opportunity?  If yes, what would you do?  If not, why?  Explain.  (8 points)

Note:  Assume your firm does not have any funds denominated in A$ and € and remember to do the interest rate conversion into appropriate time period (use the simple compounding method to covert annualized interest rate to the appropriate time period).

1. Suppose your firm can move the markets (i.e., change the spot exchange rate, the forward exchange rate, and the corporate bond yields in both countries), what happens to these four variables after the transactions you carried in part (a)? Explain in words.  (8 points)
2. Find the A$/€ spot rate such that your firm will be indifferent between holding the Australian corporate bonds and the French corporate bonds. (4 points)

Note:

• Keep your answers to 4 decimal points if needed.
• This question requires you to use the precise form of covered interest rate parity.
• Instead of the assumption made in class (individuals are small players and cannot affect the exchange rates and interest rates), the firm in this question is a LARGE player that has the ability to change the exchange rates and the corporate interest rates when it carries transactions in the spot exchange market, the forward exchange market, and corporate bonds markets in Australia and France.
• Use the subscripts “A” and “F” to represent all the variables and terms used for Australia and France respectively in your written explanation. You must use these notations; otherwise, you will receive a grade of ZERO for the whole question. 

Means to earn money without skills?

What are the positive and negatives of being a girl involved in the sk8ing subculture, support your answer.

describe specific initiatives, laws, and accreditation standards that can be leveraged to improve healthcare quality and enhance performance improvement

How does the efficient market hypothesis (EMH) impact portfolio management and investment strategy?

1. In your own words, summarize a piece of recent real-life news about cyberethics. The summary should be at least 150 words (include the word count and the news URL at the end of the summary).
   
   
   
2. Based on the ACM Code of Ethics and Professional Conduct, explain TWO general ethical principles that can be applied in the above news summary.

What are the elements that tend to insulate management somewhat from the financial results of poor financial planning? 

“According to the asset approach to the exchange rate, there will be an overshooting of domestic currency when there is a once-and-for-all increase in foreign money demand.  However, this change in foreign money demand will have no effect on the domestic balance of payments in both short run and long run.”  True/False/Uncertain, explain with the support of ONE foreign exchange market diagram.

Note: 

• Quote the exchange rate as EDC/FC.
• DO NOT write “let Foreign be the home country and its currency be DC” and start your analysis; otherwise, you will receive a grade of ZERO for the whole question.

Compare your answer to initial long-run equilibrium.

Why do different opinions often lead to conflict or disputes with others?

Subject-Cívics

How do political rights and freedoms and economic rights and freedoms depend on one another? Discuss how the one compliments the other. Come back in a couple of days and respond to a post from at least one of your peers. Do you agree, or disagree with their statements? Why?

Last week, Onboard Co. has announced that the next two annual dividends will be in the amount of $2.66 and $4.01, respectively. After that, the dividends will increase by 2.02 percent annually. The required return on this stock is 12.99 percent. What is the current price per share?

Symon's Suppers Co. has announced that it will pay a dividend of $4.15 per share one year from today. Additionally, the company expects to increase its dividend by 4 percent annually. The required return on the company's stock is 10.2 percent. What is the current share price?

• France extended its control in Vietnam through the late 1800 s, using military force to conquer Vietnam's territory. France imposed a European-style government to rule Vietnam and put French leaders in government positions.