Financial Instruments

FIN301e Financial Instruments, Institutions and Markets
Assignment 2 – Group-based Assignment July 2011 Presentation

FIN301e

Assignment 2

Group-based Assignment This assignment is worth 30% of the final mark for FIN301e, Financial Instruments, Institutions and Markets. The cut-off date for this assignment is 22 August 2011, 2359hrs 29 August 2011, 2359hrs. This is a group-based assignment. You should form a group of 3 members from your seminar group. Each group is required to upload a single report to MyUniSIM via your respective seminar group. Please elect a group leader. The responsibility of the group leader is to upload the report on behalf of the group. It is important for each group member to contribute substantially to the final submitted work. All group members are equally responsible for the entire submitted assignment. If you feel that the work distribution is inequitable to either yourself or your group mates, please highlight this to your instructor as soon as possible. Your instructor will then investigate and decide on any action that needs to be taken. It is not necessary for all group members to be awarded the same mark. ______________________________________________________________________ Case Study Mark and Mindy

Mark and Mindy, who are both 40 years old, are a very happy couple blessed with two children, Robert aged 11 and Mary aged 8. They live comfortably in a condominium and they are settled quite well financially. Mark is an engineer in a leading engineering company drawing a salary of $8000 a month. Mindy is a supervisor in a retail company earning $4000 a month. With total monthly income of $12,000, they are confident that they can maintain their lifestyle. They are also sure that their income will increase over time and they will be able to take care of the financial needs of bringing up their children, their cost of education and other expenses they are likely to incur. Even though Mark and Mindy are financially stable now,... [continues]

Read full essay