Essays on Bond

Introduction

Social work is a noble endeavor of the highest order. In the midst of all sorts of negativity, man still finds time to help his fellow beings. A charitable organization can also be a source of income if one has the resources to further this cause. Donations and volunteering are the major source of income for non-profit companies today. Twin Cedars is one such organization that is involved in charity for empowering children, youth, families, and the community in general. This essay begins with the goals and objectives and the formal structure of Twin Cedars. It also discusses the ...

Body image is associated with weight loss or weight gain. When an individual gains or loses weight, the body shape changes. While health benefits weight gain or weight loss are closely linked with the extent of weight change, it is important to study the initial weight loss and monitor the trend in changes. Digital health technology involves the application of electronic tools that can be successfully utilized for self-monitoring of physical activity, weight, and diet. The apps provide feedback for loss maintenance efforts. The use of apps and other online trackers such as wearable technology for self-monitoring of weight ...

Abstract

In response to the stiff competition being experienced in virtually all industries, one of the strategies that organizations can execute to boost their competitive advantage is promoting diversity in the workplace. This paper examines some of the ways firms can ensure equal employment as required by the relevant federal government agencies discussed in, “Providing Equal Employment Opportunity and Safe Workplace,” which is the third chapter of the book, Fundamentals of Human Resources Management, by Noe, Hollenbeck, Gerhart, and Wright (2013). It also relates the issues addressed in the chapter to the article, “Workplace Diversity: A Social-Ecological Framework and Policy ...

Impact of Policy Changes on Financial Stability of Commercial Banks in India

Paper Due date Abstract The study envisages financial stability of Indian Banks, especially schedule commercial banks, in the backdrop of macro-prudential policy changes. Banks are put under microscopic vision in terms of performing as commercial units while strictly adhering to the policy norms. The effect of regulatory and supervisory policy changes can be evidently seen in stressed performance of banks in the recent years, in-spite of growth in their retail portfolios. The policy changes of increased provisioning for NPAs, improvement in asset account quality, revised guidelines for Net Stable Funding Ratio, restructuring of large accounts and many more have ...

Introduction

Coca-Cola generally referred as Coke, is an American multinational company, producing a non-alcoholic carbonated drink, which was invented back in the 19th century by a pharmacist John Pemberton as a patented medicine. When the drink started to be distributed in the country’s retail market, the sales were below expectations. The businessman Asa Griggs Candler, however. saw a great potential in the company and acquired it in 1891, laying the foundation to the strongest brand in soft drinks market throughout the 20th century under the leadership of the visionary businessman and, later, his oldest son. Importantly, Asa Griggs Candler ...

There’s a loud, ringing sound. It’s jarring, waking me from the otherwise cozy warmth that is my bed. I am forced to stick my hand, then my entire arm out from under the safety of my bedclothes in order to turn it off. To snooze or not to snooze? It will just go off in another seven minutes. I may as well get up now. The sooner I do, the sooner I get to see my best friend. Groggy, bleary eyes, rubbing sleep from my face and half stumbling I wander into the kitchen, hearing the relations ...

Introduction

Genetic counselling is defined as the information, guidance, and support provided by a genetic counsellor or medical geneticist to an individual, a couple, or a family about a genetic condition. The information may help the client (affected individual or family) understand how a gene variant underlies an observed phenotype, disease prognosis, and the probability of transmission to progeny. Apart from information to help the client make informed decisions about lifestyle, treatment, and reproduction, a counsellor provides psychosocial support to minimize the adverse psychological, intrafamilial, and social consequences of genetic testing. Therefore, genetic counselling has an educational as well as ...

In the 2000s, Argentina’s financial system fell into a serious recession. For this reason, the leaders in Argentina took financial loans from International Monetary Funds (IMF) and other agencies. However, the country was not able to pay its debt installments on time due to which Argentina failed to pay around US$93.2 billion of its external debt. In the year 2001, the country defaulted on a total of around $81 billion in bonds. The issues faced by the financial system of Argentina made the trading sector suffer as well. The foreign investment fled from Argentina and multinational companies ...

Healthcare has been experiencing tremendous transformations in the recent past, and this can be attributed to the changing health needs of the people. To adapt to these changes, the models of care delivery, care services, and even the personnel, have changed as well. Also, there is an increasing need to provide patient-centered and culturally sensitive care, as cultural diversity continues to pose a challenge to the delivery of holistic care. One approach of delivering care services is by focusing on a family, identifying the specific health needs of such families, and developing plans of treatment that are focused on ...

INNOVATIVE REPORT OF VR GLASSES

In the world of today where almost every individual is dependent on technology, bringing products which speak of innovation and creativity has become a great challenge. This is because every other organization is trying to attract and retain customers via innovative ideas and products. The competition in the dimension of innovation is increasing and becoming tense. Every organization realizes the significance of innovation and has ensured that a special budget for innovation is set up so that it can offer to the market what other players cannot. Then innovation has also become a racing factor. Ideas are there all ...

United States v. Willis, 38 F.3d 170, at 179 Kathy Evelyn Willis appealed a court decision which had found her guilty of possessing a firearm during a drug transaction. Willis was also convicted of a drug trafficking crime as she transacted with an undercover agent known as Officer Debbie Bond. The case also involves a man, David Perez who was said to be Willis's lover and the defendant argued that he forced her to transact the drugs, and also the gun under police custody belonged to him. Willis sold Bond ¼ pound of marijuana and at the time of arrest, ...

(a)Discuss the conceptual merit(s) of each of the date-of-issue balance sheet presentations shown above for these bonds. (b)Explain why investors would pay $1,085,800 for bonds that have a maturity value of only $1,000,000. The difference between the present value and the maturity value of the bond depends on the interest rate and the coupon rate. If the coupon rate of a bond is greater than the yield to maturity rate, then it will trade at a premium to its face value. Therefore, it is clear that the bonds of Nicholas company are ...

HR CULTURE-CROSS HR STRATEGIES

Hofstede came up with the cultural dimensions which are still being practiced today as a pre-requisite to the understanding of the concept of cross cultural communication. These dimensions are also said to have a strong influence on the values of members of a society and also on how these values link to the behavior. Cultural dimensions give insight into how organizations and businesses would make policies for a specific location. The six dimensions of culture include power distance, individualism, masculinity, uncertainty avoidance, long term orientation and indulgence (Hofstede, 1984; Hofstede, Hofstede, and Minkov, 1991). Before actually relating these dimensions ...

Introduction

We all know how difficult it can be to express you and ensure that we are understood by those, who surround us in our professional environment. Business environment demands respect and high level of tolerance from all of us, outlined by the corporate rules, strategies, culture and the expectations, which are we as peers and our superiors have in this situation. Such expectations make communication process in a way, more structured and easier to adjust to the existing norms and formal rules, set out by organizational hierarchy and cognitive and emotional behavior regulations. Politics and diplomatic tone in our ...

Serenity Daniels is a 28-year-old single woman with a long history of sexual and emotional abuse since her childhood. She has inflicted deliberate self-harm (DSH) on her body on numerous occasions. During these DSH episodes, Serenity usually cuts her wrists and uses alcohol as a way of numbing the pain. Besides, Serenity has problems with her self-image as she sees herself as “fat and ugly” and unloved. She also has frequent arguments with her co-workers and managers. As such, she does not hold job positions for long. This instability in moods, functioning, and self-image coupled with unstable relationships and ...

Click Chemistry describes the biocompatible reactions that are high yielding, that are very simple to perform, have wide scope, that need no chromatography to remove their byproducts and that can be conducted in easily removable solvents. The synthesis of first triazole was reported by Arthur Michael in 1893. In the 20th century, Huisgen discovered the catalyst of copper, 1,3-dipolar cycloaddition which required the temperature of 100 degree Celsius. This reaction of copper is a highly versatile reaction which does not require any specific reaction conditions and can easily be performed with various solvents, wide temperature range and pH, ...

What is your possible topic? Brainstorm five questions about it.

The proposed essay would be on the topic of gender discrimination. Now, there can be no denial of the fact that gender discrimination is one of the major social ills that has the potential of thwarting the holistic development of the human society. As such, the topic in context would aim to scrutinize the social issue so as to achieve a better understanding of the matter. Truly, no problem can possibly be combatted or eradicated if it is not comprehended with all its intricacy. Hence, the essay would work as a major opportunity to delve deep into the topic ...

Microsoft Notes

Securities issued on 2013 Yield = (1000 * 0.875%)/ 998.35 = 0.876%

Yield in 2015

Yield = (1000 * 1.625%)/ 995.61 = 1.632%

Yield in 2020

Yield = (1000 * 3.0%)/ 991.36 = 3.026%

Yield in 2040

Yield = (1000 * 4.50%)/ 989.11 = 4.55%

Coca-Cola Enterprises, Inc.

Yield in 2012 Yield = (1000 * 3.750%)/ 995.87 = 3.766% Yield in 2015 Yield = (1000 * 4.250%)/ 988.77 = 4.298%

Norfolk Southern’s ``century’’ Bond

Issue to the public Yield = (1000*0.06)/1008.33 = 5.95%

Issue to U.S

Yield = (1000*0.06)/998.33 = 6.01%

IBM floating rate notes

Yield = (1000*0.1)/999.0 = 10.01% Bonds are instruments of indebtedness of the bond issuer to the holder of such debt securities. They are debt instruments under which the company issuing the bonds owes the owners the obligation and contingent ...

Brand attachment is an important element since it contributes immensely towards the ability of an organization to record persistent success and to survive in the long run. As a concept and practice, brand attachment refers to the strength of the bond that connects the brand with the self (MacInnis, Park, and Prieste 2014). It is a type of self-extension often characterized as analogous to interpersonal bonds. As such, according to Yao, Chen, and Xu (2015), individuals are known to extend their self to objects including places, other individuals, and possessions. It tends to capture not only the emotional but ...

Brand attachment is an important element since it contributes immensely towards the ability of an organization to record persistent success and to survive in the long run. As a concept and practice, brand attachment refers to the strength of the bond that connects the brand with the self (MacInnis, Park, and Prieste 2014). It is a type of self-extension often characterized as analogous to interpersonal bonds. As such, according to Yao, Chen, and Xu (2015), individuals are known to extend their self to objects including places, other individuals, and possessions. It tends to capture not only the emotional but ...

Company Relations with Customers

The chapter focused on how to create a significant and professional bond with a consumer base so that the company will be able to continue running. Bonds with costumers help the company continue to run because they keep the company’s costumer service up, and force the firm to keep adapting to today’s culture. The costumer evaluates the costumer service and these efforts made and if they are what the costumer wants, they are less likely to switch to a different brand. At this point, the firm and the consumer are bonded. However, it is sometimes best for ...

Overview: Overview: Antigen-antibody reactions are commonly used in immunological assays. In a traditional agglutination assay, the end product is a visible antibody-antigen complex that settles as visible particulate matter in the solution. In other cases, the reaction is invisible and wants the use of a specific enzyme or isotopic probes that can amplify the signal created by the antigen-antibody reaction, so that they can be detected with the naked eye or an ELISA/RIA reader1. Hemagglutination is a visible antigen -antibody assay in which soluble antibodies react with antigen on the surface of (red blood cell) RBC to form a ...

INVESTING IN THE FUTURE

Question 1: Discuss the role of investing in personal financial planning. It has been gathered from the case that Sam Johnson is a hard working guy and he has defined some financial goals for himself. He is about forty years of age, enjoys a great job and ensures that he pays his bill on time. He plans to retire at the age of sixty and he wishes to have enough savings so that he could send his young kids to college when they grow up. In order to ensure that he has ample amount in his savings before retirement, ...

McCarran International Airport- Las Vegas, Nevada

Abstract The McCarran International Airport is deemed to be the ninth busiest in the US and tops in Nevada County. It accounts for sixty percent of the passengers arriving at the Nevada County. The airport was built in 1942 by George Cockett an American Aviator. The airport has undergone major changes and restructuring which has turned it into a modern international airport. The economic, political and social role of the airport cannot be undermined. The airport contributes to the income of the county and thus provides employment to some locals of the bigger population of the Nevada State. Socially, ...

Deficit spending refers to the spending of funds more than the income. In government, deficit spending occurs when the government expenditure exceed the revenues collected over a specified fiscal period (Investopedia, 2016b). An important note on government deficit spending is that it begins at the budgeting stage where the government plans to spend more than it expects to get in revenues. The consequence of this is that the government has to borrow even with the achievement of the highest estimates in revenue collection. The government finances the deficit through two main ways. Traditionally, the major method of meeting the ...

After reviewing the financial astatement of Bank of America and CitiBank, we can find several informations regarding the performance of the bank. This analysis could reflect several strengths and the weakness of the bank. If we closely look at the operating ratio, then it is increasing gradually from 2011. This shows that the bank is able to reduce its cost. The bank’s operation is being more efficient due to which the bank is able to save more dollars as operating income for each dollar of revenue earned. While it is in the increasing trend, except for 2014, it ...

Film Studies Portfolio

Xavier Dolan’s “Laurence Anyways” Film Review

An extremely ambitious project from a very young director, Xavier Dolan, the romantic drama “Laurence Anyways” follows the love story between Fred (Suzanne Clement) and Laurence (Melvin Poupad). Ironically, although they both have masculine names, Fred and Laurence are women. A transgender who had lived as a man, Laurence comes out with the revelation that he has always felt as a woman inside, and continuing his fake male life would kill him. The filmmaker situates this unique love story in the 1990s, a time when transsexuality was still considered an illness, and ...

‘Waiting’ is a story of a man who is a victim of the historic Chinese traditions and who is caught in between guilt and desire. The guilt part of his feeling attaches to his wife who has been chosen by his parents for him to marry and his heart’s desire is the woman that he is in love with, ‘Manna’ who also works in the same hospital as him. The cultural, social and the political climate had a widespread impact on the lives of not just the characters of the story but also many others like them. Sadly, ...

Abstract

When an organization has cash inflows and outflows of foreign nature, the cash forecast for every currency will help during the identification of the currency exposures. The format of the estimation should allow the users to determine the balance for every currency and whether there is a growing shortage or extra money over time based on reasonable cash flows. The increasing gaps between the cash inflows and outflows may need hedging, and the cash flows that offset over time represents the issue of timing effectively. The management of foreign exchange transaction can be achieved through the offsetting transactions to ...

Abstract

Individuals and business organizations with investment potential or the desire to become investors often find themselves having limited capital to undertake the desired projects. Additionally, most investors are often confused when carrying out analysis to assess the risk of the various portfolio in which they intend to invest their resources. The governments have developmental projects that require more financial resources than their revenue due to budget deficits. Having excess money in the circulation is dangerous to an economy because it results in excess aggregate demand that produces inflationary gaps. As such, the government must regulate money supply to ensure ...

The recent Brexit vote has brought about a number if tensions associated with membership in the European Union and a common European economic area. It has also put into serious question the European Project started in the post-World War II era. Please argue for or against Britain being a member of the European Union. Be sure to cover five broad areas of disagreement economics (Benefits/ Costs), political (Benefits/ Costs), Labor market (who wins? Who lose), social (costs/ benefits), and issue ofan identify? Britain a second-largest economy after Germany is a member of the European Union, has taken up a ...

A) In the article titled Corporate Policies of Republican Managers the authors tested the effect of personal political preferences of corporate managers on corporate policies. The authors specifically focused on the Republican managers who had 73% likelihood of identifying themselves as conservative, 24% chance of identifying as moderate, and only 3% chance of being liberal (Hutton, Danling and Kumar 1279). The study found that majority of the managers identifying themselves as politically more inclined towards the Republican also adopted conservative corporate policies. Consequently, the organizations that they led were characterized by low debt levels, low capital, low investment in ...

International Olympic Committee Ethical Issues

Background One of the most recent scandals occupying the headlines of the international print and social media is the doping scandal, surrounding the Russian Olympic and Paralympic Team and the participation of the athletes in the Olympic Games in Rio this August. The Games have started and it is evident that the International Olympic Committee (IOC) along with Independent Committee and Brazilian Authorities took the decision not to ban the team from participation, causing dual and controversial response from the international community. The organization in a focus of the scandal is the IOC, heavily criticized for the way it ...

The chapter under consideration is the Chapter 5, Financial Services: Savings Plans and Payment Accounts. The chapter gives to the reader five important aspects that contribute to the understanding of the personal finances. 1. The first aspect is the selection and use of the available financial services in the market and the factors that influence the decision to select a specific financial service. The selection of the financial service depends on of the needs of the client and the convenience of fees and conditions. One of the financial services is the availability of cash. The cash is the most ...

The media has been helpful in promotion, enhancement and the advancement of scientific breakthroughs. An excellent media profiling and reporting can have a considerable impact on the popularity and the recognition of scientific research and findings. Science tends to be a separate and detached sphere, and the media serves as an intermediary of the seemingly distant scientific domain and the society. The media serve the society in becoming more knowledgeable about scientific works and increasing scientific literacy. Specifically, the media were supportive in describing the studies and findings in the field of biopsychology. Generally, the media tend to support ...

Reflection on group work project – Anger management skills

[Institution’s Name] Reflection on group work project – Anger management skills

Introduction

Group project exercise was an activity that every class member had to perform being a part of some group based on a particular cause or topic. It was aimed at enabling students to work as a team, experience certain roles as a member and learn how to plan, develop and engage a group including its dynamics. A part from being a group participant, every student also got a chance to learn something from all the other groups as the member of the class. Group topics included weight loss, ...

There can be no denial of the fact that literary works provide the creative artist with the utmost liberty to delve deep into interpersonal relationships and depth of emotions, thereby exploring the very true essence of human nature through the creative works of art. If one takes into consideration the famous play, Othello, penned by the acclaimed playwright, William Shakespeare, the quintessential exploration and depiction on the part of the creative artist can very well be comprehended as the play deciphers the subtleties of emotions and interpersonal relationship between the two sexes through the apt portraiture of the main ...

Introduction

Human Resource Management (HRM) today plays the significantly more strategic role than several decades ago. Globalization, international supply chain and increased diversity among workforce and customers demand companies become more focused on building competitive advantage through human capital. One of the critical elements of the contemporary HRM strategy is a creation of unique corporate culture, which according to many academic and business professionals can enable strong bond between employees and organization and ensure high performance, motivation, and retention among staff (Sadler, 2003). With that in mind, this topic received the significant amount of attention in media and academic research, ...

Iridium organometallic complexes

Introduction Iridium organometallic complexes are applied as catalysts, light-emitting diodes, dye-sensitized solar cells, and luminescent agents for cells imaging.1 Due to the wide application area, the scientists perform research on preparation, characterization and physical and chemical properties of iridium organometallic complexes.

The oxidation state in complex compound refers to the charge of the metal, which it would have in a simple ionic compound. The configuration of d-orbitals (dn) indicates the number of valence electrons in free metal of the same oxidation state. The iridium electronic configuration is [Xe] 4f145d76s2, yet the s-electrons transfer to d-orbital to form 5d9. The ...

Introduction

People commit a variety of crimes on a daily basis. Some crimes are minor incidents that do not have an extensive consequence or sentence to uphold by the offender. There are crimes that are committed that are in a higher bracket and these crimes have a more serious sentence. People often commit a crime for a number of reasons. Some crimes committed were not even done by the person who was charged in the incident. There needs to be proof or evidence that can place the alleged criminal at the crime scene when it accrued. It is important that ...

So far there have been three the most popular ways of getting education: to attend a public school, a private school or to study at home. All of them, for sure, have advantages and disadvantages. It is worth mentioning that none of it can suit children perfectly well. Among advantages of going to a public school, for instance, are social and cultural interaction of children with their classmates and teachers, opportunity to get involved in different tasks and getting the right idea of how to overcome them. The same is about a private school, however, an additional advantage is ...

Introduction

Children raised in two-parent families have more advantages compared to their peers from divorced families. The family structure has changed such that almost half of the marriages end up in divorce. Children often develop emotional, behavioral and social problems due to the divorce cases. Most of these children also suffer from aggression and poor academic performance. It is obvious that children are the innocent victims of divorce. The question is; how can the well-being of children from divorced families be protected? The purpose of this research is to find ways through which children from divorced families can be assisted.

Article; Psychological perspectives

...

The deterioration in political and economic environment in Brazil is a cause of worry as the portfolio holds 10% of Brazilian bonds denominated in USD. If the situation degrades further, it could result in increased credit risk due of two types, either due to downgrade of credit rating by the credit rating agencies or default on the payment. Either of the situations would lead to decline in value of the bonds and affect the whole portfolio. A downgrade in bond rating would lead to increase in the yield, resulting in decline in bond value. On the other hand, there ...

Avoiding or engaging in Strike

Assuming the minimum labor wage stands at $7.25 and each employee works 10 hours a day for 25 days a month. This would mean that at least each employee earns a minimum wage of ($7.25 ×10 ×25) = $1812.5 per month. However, in a negotiated labor minimum wage increase of 80 percent negotiated at 40 percent, but at least 10 percent below competitors, it would mean that the company would arrive at a 30% wage increase; this would be 30% of 1812.5. Therefore the labor wage increase would be $543.75 per month; this means that the company would have saved ...

The Lost Boys is a vampire movie that was released in 1987 and even after almost 30 years it still remains one of the most legendary movies about vampires, despite the fact that many other similar movies appeared after it. The movie became so successful that it won a Saturn Award for the Best Horror Movie and gathered over 32 million dollars in the American Box Office. The Lost Boys changed the perspective and images of vampires, and has made vampires more attractive by making them almost sex symbols. It is even possible to say that probably without The ...

This paper will conduct a literary analysis of Macbeth. The main purpose of the research is to examine the moral and ethical issues present in the play. In particular, the research examines different aspects of characterization, setting, and imagery in order to provide an in-depth understanding of the ethical and moral issues that surround Macbeth’s plot. From the play, it is clear that Shakespeare uses characterization to depict moral and ethical dilemmas in the play. Macbeth and Lady Macbeth are both unethical characters in the play since they are engaged in a number of murders and executions that ...

The purpose of this paper is to facilitate the recognition of gender differences in our life in different contexts. There are many types of close relationship in which a person get involve throughout his life, and all types of relationship are different but one thing between them is common, and that is communication. It is a compulsory part of a relationship. There are different kinds of relationships in which gender plays its part through communication. For example, male/female relation, male/male relation, and female/female relation, etc. The relationship I am engaged in and will discuss in this paper is with ...

Introduction to Convertible Bonds

Convertible bonds consist of the bonds that are easily converted into the stocks. These convertible bonds are issued by the company and like any other normal bonds it has maturity date and face value. The convertible bondholder has all the rights of converting the bond into the predetermined share numbers of the respective company in an identified period. The factors influencing the bondholder converting or not depend on the stock interest rates and prices.

Contract conditions and Payoffs

The convertible bonds market conditions are not standardized and hence making it differ depending on every contract case. The maturity date being one of the ...

dd mmmmm yyyyy

The Artifact: Steve Mclaren, et. al In 2008, there was a YouTube video (supanovasky 2008) that went viral because of the ticklish surprise of many after watching the starkly fake Dutch accent of famous English football manager Steve McLaren during an interview. He was then the manager of the Dutch professional football team FC Twente and was then being interviewed after a respectable but losing game against the English team Arsenal. The sports press all over Europe followed suit in mocking McLaren.

Connecting McLaren to Inter-ethnic Accommodation

McLaren joined Twente after failing infamously to carry England to qualify in the 2008 ...

Currency is valueless, and it is all about the confidence of the people in it. Since the start of the economic crisis in 2007, the Federal Reserve has juxtapositionaly employed conventional and non-conventional monetary policies to caution the effects of such crisis on economic activities and stabilize the financial market. Price stability and maximum employment were necessary for the nation and the world that uses the US dollar as the standard. To achieve this, the Federal Reserve turned to Large Scale Asset Purchases. Although the ends of all the policies formulated are the same, ambiguity shrouds the means to ...

Abstract

The composition of the foods people consume has a significant influence on their health. Whole certain components in certain foods offer protection against the development of certain disease conditions, the consumption of other components at certain levels might predispose one to certain diseases and disease conditions. The processing industries have a role to inform the consumer of the ingredients in their food products. This is necessary for the consumer to make informed decisions about their dietary choices. This requirement is enforced by the role through regulations passed by government agencies. Even then, certain compounds that are present in processed ...

QUESTION A

Credit Default Swap It is a financial instrument lenders use to hedge default risk. The lender acquires a CDS and pays premiums to the CDS seller who takes the default risk (Lasher 200). If the borrower defaults, then the CDS seller pays the par value of the loan to the lender. The CDS seller also pays the protection buyer accrued interests on the loan during the intervening period.

Cash flows in case of no default

Annual CDS premium = 4% × 1,000,000 = $40,000 Quarterly payments = 40,000/4 = $10,000 A will pay quarterly CDS premiums to B for the three years. At the end of ...

QUESTION A

Definition of Credit Default Swaps A CDS is an instrument used to transfer the risk of default or credit exposure between two or more parties (Fabozzi and Kothari, 2008). It protects the lender from the possible loss of default by the borrower. The lender (protection buyer) pays premiums to the CDS seller. In return, the CDS seller guarantees to pay the lender the face value of the loan plus interests due in the intervening period if the borrower defaults.

Cash flows

Annual CDS premium = 4% × 1,000,000 = $40,000 Quarterly payments = 40,000/4 = $10,000 The borrower does not default ...

QUESTION A

A Credit Default Swap is a swap that protects the lender from the risk of loss resulting from the default by the borrower. The protection buyer of the CDS (the lender) makes periodic income payments (CDS premiums) to the protection seller who in return guarantees to pay the lender the principal in case the borrower defaults.

Cash flows when there is no default

Notional amount = $1 million Annual CDS premium = 4% × 1,000,000 = $40,000 Quarterly CDS premium = $10,000 If the borrower does not default, the protection seller will make a profit of $120,000 at the end of the third year ($10,000 ...

Exam Questions

Paper Due Date Why Major Organizational Change Fail? Organizations and individuals are subject to numerous factors, which influence decisions and actions, taken in a given external environment. While many contemporary organizations already understood that responsiveness and flexibility are the key to success and sustainable development, a lot of them still fail in their change efforts. Kotter (2002) argues that people and organizations fail not because they are incompetent or unemotional, but because they do not have an opportunity to experience a highly successful change. The point made in this work is that people tend to be extremely resistant to ...

Finance is a vast area of discussion that requires one's dedication and interest to understand it better. Under finance, there are major issues like corporate financial policy which has a lot to be studied. The corporate fiscal policy is defined as an innovative corporate finance course that mainly touches on equity and debt management, for example, the descriptions of types of debt and equity, distribution policy and security issuance, for instance, the design of capital structure and securities that controls information problems. The sub-topics in securities and financial policy can be discussed in details as below.

Debt and equity management.

Debt and equity ...

Short – Term Investing

Introduction A treasury bill or a T-Bill is a short-term maturing promissory note, usually lasting for three months to one year. Nyawata (2012) asserts that the federal or national governments are the ones that issue T-Bills as their primary instruments of regulating the supply of money within the national economy, as well as raising funds for various government projects through open market operations. The central banks of the respective countries are the ones responsible for issuing and paying on T-Bills. According to Thau (2000) T-bills do not have any form of explicit interest, but they sell at a discount ...

Uiversity

Economic Outlook Economic Outlook provides detailed conjecture on progress, swelling, and equalization of finances, instalment parities, corporate revenue and a vast cluster of sectored markers. It provides expository viewpoint through clarification of the made forecast. This forecast helps companies like Apple in planning their goals as per economic megatrends. This economic outlook is apparently sponsored by vast crypt of confirmable and constantly overhauled prices of information. The accessibility of this database is to all administrative endorsers. The Government provides huge data on organizations and the associated diagrams. Additionally, there is provision of varied individual report pictures.

GDP changes and variations

The guardian of ...

Briefing Paper 1

a.) The “act of state doctrine” provides that a court in the United States, cannot pass judgement on the actions of a foreign government taken within their own country or territory that it has jurisdiction over (Cheeseman, 2012). In essence, the doctrine bars U.S. courts from interfering in the domestic policy actions of another government in their own country. b.) Under a communist theory of the world, the government of Cuba did act ethically when it appropriately the Glens’ property. From an American perspective, the expropriation was not only ethically questionable but most likely illegal. Club Med, under the ...

The journey towards the European Union (EU) integration has experienced several turnings. This section of the essay will detail some of the core turning points in the EU integration. Establishment of a Common Agricultural Policy (CAP) was a major turning point in EU integration. The Treaty of Rome defined the specific objectives of the CAP. The CAP was introduced in 1962 (Folmern.p). The establishment of the CAP was enshrined to the state of food shortages after World War II. The aim of the CAP was to build a common European Community market and to cut off tariffs on agricultural ...