Problem 5.6 The Ted Spread 2009
There are a number of different interpretations of the exact calculation of the TED Spread – the TreasuryEurodollar Spread – but one common form is the difference between the 3month U.S. Treasury bill rate and the overnight LIBOR rate. Date 3/12/09 3/13/09 3/16/09 3/17/09 3/18/09 3/19/09 3/20/09 3/23/09 3/24/09 3/25/09 3/26/09 Overnight USD LIBOR 0.33% 0.33% 0.33% 0.31% 0.31% 0.30% 0.28% 0.29% 0.29% 0.29% 0.29% 3Month US Treasury 0.19% 0.18% 0.22% 0.23% 0.21% 0.19% 0.20% 0.19% 0.21% 0.18% 0.14% TED Spread 0.14% 0.14% 0.10% 0.09% 0.10% 0.11% 0.08% 0.10% 0.08% 0.10% 0.15% Date 3/27/09 3/30/09 3/31/09 4/1/09 4/2/09 4/3/09 4/6/09 4/7/09 4/8/09 4/9/09 4/14/09 Overnight USD LIBOR 0.28% 0.29% 0.51% 0.30% 0.29% 0.27% 0.28% 0.28% 0.26% 0.26% 0.27% 3Month US Treasury 0.13% 0.12% 0.20% 0.21% 0.20% 0.20% 0.19% 0.19% 0.18% 0.18% 0.17% TED Spread 0.15% 0.16% 0.31% 0.09% 0.09% 0.07% 0.09% 0.09% 0.08% 0.09% 0.10%
a. Calculate the TED Spread for the dates shown. Spreads are calculated in table above. b. On which dates is the spread the narrowest and the widest? Over this brief period between March 12, 2009 and April 14, 2009, this spread reached a minimum of 0.07% on April 3rd. The maximum spread seen here is 0.31% on March 31, 2009, only six trading days previous to the lowest spread. c. Looking at both the spread and the underlying data series, how would you compare these values with the rates and spreads in problem 3? These TED Spreads are much, much smaller than what was seen in the early fall of 2008. Even the largest spread at 0.31% is nothing close in magnitude to the 6% spreads seen on selected days in September and October 2008. It is also interesting to note, however, that the underlying rates, both LIBOR and U.S. Treasury bill rates, are trading at incredibly low rates compared to most of modern U.S. dollar financial history. Note that on a number of dates the TED Spread itself is equal in magnitude or even larger than the TBill...
...Bengawan Solo
A. Category Definition
A retail confectionary chain selling premiumquality cakes and desserts to serve special occasions, especially Full Month Celebrations, Birthdays, Chinese New Year, and the MidAutumn Festival. It also specializes in retailing handmade traditional Indonesian desserts.
B. Main Competitors
1. PrimaDéli – Confectionary chain with large retail network. Retails midpriced freshly prepared goods to consumers as snacks, and also sells cakes and seasonal baked goods. (Prima Deli)
2. Polar Puffs and Cakes (“Polar”) – Retail confectionary chain which additionally differentiates itself emphasis on savoury puffs. (Polar Puffs & Cakes) It also retails baked goods for special occasions. Polar enjoys high brand presence because of its partnership with ExxonMobil, which has culminated in Polar’s goods are retailed at over 60 petrol stations islandwide (ExxonMobil Singapore).
3. BreadTalk – A confectionary retail chain with a shorter history but much stronger branding. It is presently one of Singapore’s most recognized retail confectionaries. Breadtalk specializes in bread, and is highly visible due to its choice of highly visible retail locations. (BreadTalk)
4. Neighbourhood Confectionaries – Independent confectionaries situated in the heart of neighbourhoods. While their products are generic, their locations are convenient, and loyal customers claim that they have a unique flavour, and constantly return in pursuit of...
...1.  
 A manager engaged in the management function of ____ is monitoring progress toward goal achievement and taking corrective action when needed. 

 Student Response  Value 
A.  planning  
B.  organizing  
C.  leading  
D.  controlling  100% 
E.  motivating  



2.  
 In 2004, Hormel Foods had to recall 104,000 pounds of Stagg canned chili—labeled "hearty beef with a kick of green chilies"—after the kick turned out to come instead from the groundup parts of a plastic handheld calculator. The recall was the application of which management function? 

 Student Response  Value 
A.  controlling  100% 
B.  leading  
C.  motivating  
D.  planning  
E.  organizing  



3.  
 Eastman Kodak owns a company that manufactures dental radiation equipment. The company, which is run as an independent unit, has experienced excessive financial losses the last three years. The ____ for the company would be expected to develop the longterm plans needed to make the company profitable. 

 Student Response  Value 
A.  supervising manager  
B.  top manager  100% 
C.  firstline manager  
D.  middlelevel manager  
E.  department manager  



4.  
 A top manager for a management consulting firm would: 

 Student Response  Value 
A.  establish a positive organizational culture...
...Business Statistics
Chapter 5
Some Important Discrete
Probability Distributions
51
Chapter Goals
After completing this chapter, you should be able
to:
Interpret the mean and standard deviation for a
discrete probability distribution
Explain covariance and its application in finance
Use the binomial probability distribution to find
probabilities
Describe when to apply the binomial distribution
Use Poisson discrete probability distributions to
find probabilities
52
Definitions
Random Variables
A random variable represents a possible
numerical value from an uncertain event.
Discrete random variables produce outcomes
that come from a counting process (e.g. number
of courses you are taking this semester).
Continuous random variables produce outcomes
that come from a measurement (e.g. your annual
salary, or your weight).
53
Definitions
Random Variables
Random
Variables
Ch. 5
Discrete
Random Variable
Continuous
Random Variable
Ch. 6
54
Discrete Random Variables
Can only assume a countable number of values
Examples:
Roll a die twice
Let X be the number of times 4 comes up
(then X could be 0, 1, or 2 times)
Toss a coin 5 times.
Let X be the number of heads
(then X = 0, 1, 2, 3, 4, or 5)
55
Probability Distribution for a
Discrete Random Variable
A probability distribution (or probability mass function )(pdf)
for a discrete random variable is a mutually exclusive listing
of all possible numerical outcomes for that random variable
such that...
...
PBM Project Taj Brand
Table of Contents755653683000 TOC \o "13" \h \z \u
Introduction PAGEREF _Toc307834455 \h 3Brand Identity Prism PAGEREF _Toc307834456 \h 4Brand Prism Facets PAGEREF _Toc307834457 \h 41.Physique PAGEREF _Toc307834458 \h 42.Personality PAGEREF _Toc307834459 \h 43.Culture PAGEREF _Toc307834460 \h 44.Relationship PAGEREF _Toc307834461 \h 55.Reflection PAGEREF _Toc307834462 \h 56.Selfimage PAGEREF _Toc307834463 \h 6Brand essence PAGEREF _Toc307834464 \h 6Brand Laddering PAGEREF _Toc307834465 \h 7Physical Attribute PAGEREF _Toc307834466 \h 7Objective Benefit PAGEREF _Toc307834467 \h 7Subjective Benefit PAGEREF _Toc307834468 \h 7Values PAGEREF _Toc307834469 \h 7Brand Positioning PAGEREF _Toc307834470 \h 8Conclusion PAGEREF _Toc307834471 \h 8References PAGEREF _Toc307834472 \h 8
IntroductionThe purpose of this report is to develop the brand identity prism for brand Taj Hotels, Resorts and Palaces. This is an attempt to explain the 6 facets of brand prism and the brand essence, for Taj group of hotels and resorts. This report also identifies the current brand positioning of the Taj and identifies the level of positioning as per brand laddering concept.
Brand Identity PrismBrand Prism FacetsPhysiqueUnique set of iconic properties rooted in history and tradition. A collection of outstanding properties with strong heritage as hotels or palaces in India and abroad. The parent HotelThe Taj Mahal Hotel, Bombay is...