Set 7: Caps‚ Floors‚ Collars 1) Use the interest rate tree below. The first number at each node is the 0.5-year rate at that node. The next number is the price of $1 par of a 0.5-year zero at that node. The next number‚ at the time 0 node‚ is the price of $1 par of a 1-year zero. Time 0 Interest Rate Model Time 0.5 5.526% 0.973113 4.9% 0.976086 0.952587 4.345% 0.978737 a) What is the value of a 5.25% interest rate cap on $100 notional amount of a 1-year semi-annual floating
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Unit 211 – Provide Reception Services 211.1 Understand the purpose of reception services in a business environment Assessment Criteria 1.1. Explain the purpose of the receptionist role as the first point of contact between the public / client and an organisation A. The receptionist is who the customer meets/speaks to first therefor needs to give a good impression of the company‚ they need to appear very professional. This can be portrayed in many different ways including personal appearance and
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B&K Distributors ROI for a Web Based Customer Portal 10 January 2011 Anne Huang‚ Yu Lee Kim‚ Min Woo Lee‚ Chalida Nakornchai‚ Kana Osugi‚ Ryan Thompson Recommendation to Invest in the Web Portal We recommend investing in the Web-Based Customer Portal. The expected high financial rewards with net present value of $346K and 41% IRR within five years (see Exhibit 1) are the main motivators. Based on our market research‚ we believe the high revenue would come from an expanded customer
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K+12 Education in the Philippines What is K+12? * K+12 means Kindergarten and the 12 years of elementary and secondary education. Kindergarten refers to the 5-year old cohort that takes a standardized kinder curriculum. Elementary education refers to primary schooling that involves six or seven years of education Secondary education refers to high school. Features of K 6-4-2 (1) Kindergarten and 12 years of quality basic education is a right of every Filipino‚ therefore they must be
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Chapter 1: Introduction Rationale and Importance Due to the government’s lack of budget‚ facilities‚ and teachers‚ the K-12 curriculum will be hard to implement. The Philippines is need of better education‚ not more education. The problem of poor education should be solved first. The Department of Education (DepEd)‚ it is the executive department of the Philippine government responsible for the management and governing of the Philippine system of basic education‚ should first
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What should good K-12 education should look like? Education is unarguably of utmost important. However‚ defining what good education in general should look like is no easy task. The reason for that is if we were to look up several education models that are considered the best‚ they will not be the same. Bearing that in mind that there is more than one possibility‚ what would a good education look like? Though there are numerous components that contribute to a good K-12 education‚ in this essay‚ only
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The Enhanced K+12 Basic Education Program in the Philippines K+12 mean Kindergarten and the 12 years of elementary and secondary education. The Features of K+12 are Kindergarten and 12 years of quality basic education is a right of every Filipino‚ therefore they must be and will be provided by government and will be free‚ Those who go through the 12 years cycle will get an elementary diploma (6 years)‚ a junior high school diploma (4 years)‚ and a senior high school diploma (2 years) and a full
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in The Philippine Star‚ October 14‚ 2010‚ Isagani Cruz summarized the following pros and cons on the K+12 debate: The PROS (which is basically the side of the government‚ well-heeled and articulate leaders from the academe‚ the business community and the media): 1. “Enhancing the quality of basic education in the Philippines is urgent and critical.” 2. “The poor quality of basic education is reflected in the low achievement scores of Filipino students. One reason is that students do not get
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competitors response to this change? • Is the way in which the company estimates its penetration of the market reliable? • How much will the sum of maintenance be in the five years? • What will be the risk and threat in this change? 5. If you were B&K’s CEO‚ would forward with the project? Why or why not? As what I state above in Question 4‚ I will push further on the uncertainty and some facts which are not mentioned in the previous report. It is a trade-off the CEO need to thinker further and
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What is K to 12? “K to 12” stands for kindergarten plus 12 years of elementary and secondary education. This educational system for basic and secondary education is widely adopted around the world. DepEd Secretary Armin Luistro presented the Basic Education Sector Reform Agenda (BESRA) last March in the annual membership meeting of the Philippine Business for Education (PBEd). BESRA‚ as a package of reform initiatives‚ considers K to 12 as the flagship reform strategy. The objective of the program
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