1. Alpha and Beta Companies can borrow for a five-year term at the following rates: Alpha Beta Moody’s credit rating Aa Baa Fixed-rate borrowing cost 10.5% 12.0% Floating-rate borrowing cost LIBOR LIBOR + 1% a. Calculate the quality spread differential (QSD). b. Develop an interest rate swap in which both Alpha and Beta have an equal cost savings in their borrowing costs. Assume Alpha desires floating-rate debt and Beta desires fixed-rate debt. No swap bank is involved in this
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Jerry was the kind of guy you love to hate. He was always in a good mood and always had something positive to say. When someone would ask him how he was doing‚ he would reply‚ “If I were any better‚ I would be twins!” He was a unique manager because he had several waiters who had followed him around from restaurant to restaurant. The reason the waiters followed Jerry was because of his attitude. He was a natural motivator. If an employee was having a bad day‚ Jerry was there telling the employee
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One of the problems contributing to poor educational standards and bad matriculation results is the culture. Culture in our area is much more important than education because when learners reach a certain age‚ they have to leave school and go for initiation school where they are taught life skills culturally. Learners loose three months of schooling and normally they do not write mid-year examination. The area of research is culture and how culture and school can meet and reach a consensus where
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The five positive outcomes for children and young people. 1. Being healthy - this outcome deals with the extent to which providers contribute to the development of healthy lifestyles in children. Evidence will include ways in which providers promote the following: physical‚ mental‚ emotional and sexual health; participation in sport and exercise; healthy eating and the drinking of water; the ability to recognise and combat personal stress; having self-esteem; and the avoidance of drug taking including
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Positive Thinking There are many techniques that I have come across to do this. Some of the most practical are: - Expose your mind to the right things. - Watch the right movies. - Listen to the right music. - Read the right books. - Associate with the right people. Stay away from negative people – they will drain you of your energy and drag you down with them. Avoid them like the plague. Thinking right is not a quick-fix process. You cannot change 20 year old habits in one week. You
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in certain given area’s‚ gentrification is positive ‚ because it attracts newcomers‚ and it improves neighborhoods. According to various sources gentrification is positive when it comes to certain areas/neighborhoods. Gentrification causes increase in population‚ attracts new businesses‚ and makes neighborhoods safer. Chicago is one area for example that is experience gentrification. Increase in population is one way that gentrification is positive in Chicago areas. For example‚ Loyola of University
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which a child or young person develop are firstly peoples views within society especially for disabled people they are pre judges and discriminated against because of their disability because of this they are being marginalised from society and excluded from such things like social events. Young person that are in the care system can be affected as they are not having consistency within their life at any one time. Other social factors can be poor social skills such as bad reading or writing especially
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I. Influence of six thinking hat in logic thinking The priority value of using six thinking hats is that it allows us to have a clear idea of what role we are playing while solving problems. The obstacle we face while thinking is self- defense‚ it may lead to wrong decisions making because of thinking unclearly. Most of the practical errors we made are caused by the restriction of thinking. With those six hats‚ we can say and think things without considering risking the ego. We disguised any role
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Moody’s Credit Ratings and the Subprime Mortgage Meltdown Table of Contents Introduction……………………………………………….3 Background………………………………………………..4-10 Analysis……………………………………………………10-12 Conclusion…………………………………………………12-13 References………………………………………………….14 In the early-2000s‚ Moody’s‚ one of the leading credit rating agencies in the world‚ evaluated thousands of bonds backed by so-called “subprime” residential mortgages—home loans made to those with both low incomes and poor credit scores
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Thesis What is the role of the credit rating agencies‚ which part did they play in the recent Financial Crisis and how can their efficiency be improved? Thesis Supervisor – David Menival Emmeline Beauchamp – Cycle Franco- US – March 2013 Acknowledgments I would first like to thank RMS and especially the CESEM to have taught me a lot‚ helped me to grow and open up and gave me this incredible opportunity of studying two years in the United States. None of this phenomenal experience would have
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