1. A bond with face value $1000 has a coupon rate of 8% and the market rate of 10%. What is the bond’s price? 2. A 6-year ABC bond (face value of $1000) pays interest of $80 annually and sells for $950. What are its coupon rate‚ and yield to maturity? If ABC wants to issue a new 6-year bond at the same face value and price‚ what will the new coupon rate be? 3. A 30-year Treasury bond is issued with face value of $1000‚ paying interest of $60 per year. If market yields increase shortly after
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Akash Agarwal ACCTG 2600 – 005 The documentary Inside Job does a very good job of explaining what happened in a relatively short period of time and in an accessible way. The film also has compelling villains and outrageous behavior that is bound to engage and enrage viewers. It ’s basically an overview of the financial crisis of recent years‚ which we are still recovering from. The thesis seems to be that the regulations that were put in place after the Great Depression have been systematically
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Inside Job: Documentary Analysis Submitted to: Prof.Pramod Paliwal Submitted by: Meghavi Patel (20111030) The documentary is divide into five Parts‚ this write up describe my overall understanding of the documentary. In 5 year period of time 3 banks borrowed 120 million dollar which is ten times the size of the Iceland economy. Till the year 2006 anyone and everyone could get loans easily even if their document were not up to the mark‚ lenders did not care if the borrowers were unable to repay
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INSIDE THE JOB SECTORS: TOP CAREER CHOICES Prepared for - - - Prepared by - Student - TABLE OF CONTENTS PAGE Introduction 3 The Ins and Outs of the IT industry 4 The Field of Network Security 4 Required Education 5 Salaries 5 Job Outlook The Health Care Industry 6 Registered Nurse 6 Required Education 7 Salaries 7 Job Outlook 8 Recommendation and Conclusions 9
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California State University Los Angeles Department of Economics Economics 303 Money and Banking and the Economy Prof. Giorgio Canarella Fall Quarter 2012 Midterm 2 Return your work Saturday‚ November 10‚ at 1:00 pm Problem (50 points) Use a blue book. You are given the following estimates about the monetary economy of the US: C/D = 0.1; T/D = 2; ER/D = 0.2‚ [pic]‚ [pic]‚ MB = 1000. Compute the money multiplier‚ the money supply‚ the level of currency and checkable deposits‚ the level of time deposits
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W? Study Money and Banking? CHAPTER 1 WHY STUDY MONEY AND BANKING? What is Money and Banking? It is a means and method of allocating and reallocating resources The means is what we call Money The method is called Banking or the Financial System The Financial system Comprises of • Financial Markets • Financial intermediaries Why Study Financial Markets? • Financial Markets channel funds from savers(lenders) to investors(borrowers). • A method of acquiring personal wealth
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How are banks like a manufacturing business Manufacturer financials instruments CDs saving/checking accounts & loans Banks buy money (take deposits) and then resell it at a higher price (making loans/selling securities) so in effect banks manufacture money and their raw material money‚ like selling a used car‚ buy it at a low price clean it up and sell it higher. Liabilities of banks is their source of funds‚ and their assets are the way they use the funds. P 214 Repurchase agreements SOS
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Assignment ECONOMICS 3307: MONEY AND BANKING Summer 2013 Assigned: June 3‚ 2013 Due: June 17‚ 2013 Instructions: * Answer all questions * Late assignment will not be accepted. * Get to the point. Be clear and concise. * You may submit the assignment in a group of up to four students. Make sure you indicate clearly the names and IDs on the cover page of the assignment. 1. Coupon Bond Rate Go to http://www.globeinvestor.com/ under “market” select bonds. Choose
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Inside Job Movie Synopsis Part I: How We Got Here: The Reagan Administration of the United States began a thirty-year-period of deregulation by the legislators in the financial system. Deregulation allowed the financial sector more freedom and less discipline‚ which provided more opportunity for profit and risk. Reflecting the profit growth resulting from deregulation‚ investment banks went from small‚ private firms to public companies. To illustrate the growth of the financial sector beginning
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Movie Review of “INSIDE JOB” “Earth provides enough to satisfy every man ’s needs‚ but not every man ’s greed‚” said Mahatma Gandhi and this is somewhat the crux of this movie. Inside Job is directed by Charles Ferguson‚ and it highlights the reasons and the consequences of the global financial crisis of 2008. This movie is basically related to recession that was caused by the inefficiency of the industry and the unfavourable banking practices. The director has conducted several interviews and
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