is day 0‚ the loan will be initiated on day 60 and will mature on day 210.) The implied forward rate over 150 days‚ and hence the rate on 150-day FRA‚ is 2.5%. The actual interest rate over that period could be either 2.4% or 2.6%. (a) If the interest rate on day 60 is 2.6%‚ how much will the lender have to pay if the FRA is settled on day 60? How much if it is settled on day 210? (b) If the interest rate on day 60 is 2.4%‚ how much will the lender have to pay if the FRA is settled on day 60? How much
Premium Bond
31) QUALITY OF DRIED FOODS AND DETERIORATIVE REACTIONS DURING DRYING Consumer demand has increased for processed products that keep more of their original characteristics. In industrial terms‚ this requires the development of operations that minimize the adverse effects of processing. The effect of food processing on finished product quality ultimately determines the usefulness and commercial viability of that unit process operation. In the particular case of food drying this indicates that loss
Premium Food Milk Chemical reaction
The Colombian Exchange was a global trade that changes many things in the economy. The things that it effected included farming and cattle‚ labor systems‚ and the silver trade‚ which all spread widely around the world in different ways. These examples are but a few of the things that were affected by the global Colombian Exchange. Agriculture and pastoral production were both similar trades that changed dramatically once the Colombian exchange began. Cash crops became very important in the New
Premium International trade Africa Trade
DEMUTUALIZATION OF STOCK EXCHANGES PROBLEMS‚ SOLUTIONS AND CASE STUDIES Edited by SHAMSHAD AKHTAR Director‚ Governance‚ Finance and Trade Division‚ East and Central Asia Department‚ Asian Development Bank © Asian Development Bank 2002 All rights reserved. The views expressed in this book are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank‚ or its Board of Governors or the governments they represent. The Asian Development Bank
Premium Stock exchange
Foreign study Donald Medley‚ Homer Coker‚ and Robert Soar (1984) describe succinctly the modern history of formal teacher evaluation–that period from the turn of the twentieth century to about 1980. This history might be divided into three overlapping periods: (1) The Search for Great Teachers; (2) Inferring Teacher Quality from Student Learning; and (3) Examining Teaching Performance. At the beginning of the twenty-first century‚ teacher evaluation appears to be entering a new phase of disequilibrium;
Premium Education School Teacher
UPDATE - ANALYSIS INTRODUCTION As part of my English class I had to invest USD 100‚000 in the stock market and manage my portfolio throughout the semester. MY INVESTMENT STRATEGY My strategy was to invest in large companies with a reputation for quality‚ reliability and profitability (blue chips). Furthermore‚ I decided to invest a large amount of my capital in Swiss companies in order to support Swiss economy. I chose Kuoni because the company has leading positions in its area of activity (travel)
Premium Investment Stock market Rate of return
Columbian Exchange BBQ The Columbian Exchange was a major milestone in the diffusion of the New and Old World. In 1492‚ Columbus arrived in the Bahamas(2)‚ where he first came in contact with Native Americans. There‚ both exchanged their cultures such as crops‚ animals‚ metals‚ and germs‚ hence the name‚ Colombian Exchange. This has brought about both positive and negative effects. While some negative impacts are exemplified by the near-genocide of Amerindians‚ the demerits are outweighed by the
Premium Indigenous peoples of the Americas Europe Population history of American indigenous peoples
From the late 1400’s to the sixteenth century‚ European kings and queens were overwhelmed by‚ what is now known as‚ the Age of Discovery. With all the extensive overseas exploration by European nations trying to colonize on foreign land and globalize‚ many explorers took their chance to propose an idea for voyage. Arguably one of the greatest sails man and captain in history‚ Christopher Columbus first proposed his idea to sail west into the Atlantic Ocean to Portuguese royalty‚ where it was rejected
Premium Christopher Columbus Europe Spain
PART ONE A. Introduction Capital market is the most important part of national economy of Bangladesh. A well-managed and active capital market may help the development processes in many ways such as growth of savings‚ ensuring efficient allocation of investment resources and better utilization of existing resources. There is a considerable debate in the academic literature on development as to whether a soundly functioning capital market is precondition for economic development or the former
Premium Stock market Stock exchange Financial markets
The central feature of world history between late 15th Century and 1700 was the expansion of Europe and the spread of European culture and civilisation throughout the globe. Until 1500 the world had‚ on whole‚ pressed in on Europe. Beginning in the 1500s‚ Europe began to press out on the world. This period in history is known as the Age of Discovery or Exploration. During this time‚ driven by a variety of motives‚ European explorers mapped almost all of the world’s seas and outlines of the continents
Premium Europe Age of Discovery Christopher Columbus