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Aly6110 Codes
The launching of the Scoop job was undertaken through the terminal after logging into the Master Node of the cluster. The ...
Aly6110 Codes
The launching of the Scoop job was undertaken through the terminal after logging into the Master Node of the cluster. The data was transferred from ...
Nova Southeastern University International Finance Discussion
1-Hello Class,There are many different financial means that companies can utilize in order to reduce financial waste and r ...
Nova Southeastern University International Finance Discussion
1-Hello Class,There are many different financial means that companies can utilize in order to reduce financial waste and remain lean. One of these means would be interest rate swaps. The principle is one based on comparative advantage, in order for active liability management and hedging against interest rates. Bicksler, J., & Chen, A. H. (2012, April 30) This agreement between two companies allows them to manage their risk and operate on an interest rate that is ideal for their operations. This could be simply variable payments into fixed payments. All swaps are based on one central principle: one participant exchanging an advantage in one credit market advantage available to another participant in a different credit market Balsam, S., & Kim, S. (2001, October 30). One of the companies can be experiencing decreased cash flow and be entering the agreement in order to aid in this situation. Two companies enter an interest rate swap agreement with a certain value in mind, one company is under the assumption that interests will likely rise in the short run and looks to profit. While the second company in play is receiving a floating interest rate return and does not share the same analysis when it comes to the outlook of interest rates in the short run. The two companies enter an agreement to profit based off of movement of the market with interest rates. A notable risk of interest rate swaps would be counterparty risks, the two parties typically involved are larger companies or institutions the risk is relatively low. The companies for the most part are able to meet their obligations under their agreement. The legal proceedings if one institution is unable to keep their end of the agreement could and would be a difficult legal proceeding for the companies to navigate. References:Bicksler, J., & Chen, A. H. (2012, April 30). An economic analysis of Interest Rate Swaps. Wiley Online Library. Retrieved September 17, 2021, from https://onlinelibrary.wiley.com/doi/pdf/10.1111/j.1540-6261.1986.tb04527.x.Balsam, S., & Kim, S. (2001, October 30). Effects of interest rate swaps. Journal of Economics and Business. Retrieved September 17, 2021, from https://www.sciencedirect.com/science/article/abs/pii/S0148619501000480?via%3Dihub.2- “Interest rate swap is an agreement that one party is to swap its fixed interest rate payment for a floating interest rate payment of another party(Eiteman, pg. 229, 2021).” An interest rate swap is normally offered when a country is trying to reduce or maintain a lower interest rate that may have not been possible if they had not done the swap. Some may even swap to increase exposure to fluctuations in interest rates. When a person does an interest rate swap, they are exchanging future payments for another base on the principal amount or what they are looking for. So, think of it this way. You are trading one cash flow for another cash flow. This could be a good thing in the beginning but may turn into a bad one down the line. These swaps are considered over the counter(OTC) due to their contracts between the two-party. There are different ways you could do the interest rate swap. For example, you can have a fixed to floating sway. If a company has an interest rate that catches the eye of the public, it could swap. If the manager believes they could get a better cash flow from a floating rate, then the business would want to do a swap. You could also have a floating to fixed swap or a float-to-float swap. It all comes down to the need of both parties and their goals. It is important to remember that even though this swap is a great tool it can also be bad in the long run. “Provus said that basis risk on a floating-to-fixed rate swap can have potential exposure as the issuer may have a difference between the floating rate on the variable rate demand obligation bonds and the floating rate would receive it from the swap counterparty (Provus,2021).” This could happen if the floating rate bond has a Bond Market Association (BMA) that is different from the other party who may have a 60 percent or more of London Interbank Offering Rate LIBOR. You also have to remember just because you are getting rid of what may be a high rate doesn’t mean the cash flow or the interest you are exchanging is going to be better. ResourcesChen, J. (2021, September 15). What is an interest rate swap? Investopedia. Retrieved September 16, 2021, from https://www.investopedia.com/terms/i/interestrateswap.asp.Eiteman, D. K., Stonehill, A. I., & Moffett, M. H. (2021). Multinational Business Finance. Pearson Education Limited.Provus, S. (n.d.). Basis Risk With Interest Rate Swaps. CDFA. Retrieved September 16, 2021, from https://www.cdfa.net/cdfa/cdfaweb.nsf/ord/feb2005tlc.html.3-An interest rate swap or just a rate swap is an agreement between two parties to exchange a series of interest payments without exchanging the underlying debt. In a typical fixed/floating rate swap, the first party promise to pay to the second at designated intervals a stipulated amount of interest calculated at a fixed rate on the theoretical principal and the second party promises to pay to the first at the same intervals a variable amount of interest on the supposed principle calculated according to a floating-rate index (Bicksler et al., 2006). In addition, the first party in a fixed/floating rate swap that pays the fixed amount of interest is called the fixed rate payer, and the second party that pays the floating amount of interest is called the floating-rate payer (Bicksler et al., 2006). Moreover, interest rate swap is optional to market transactions by two parties and both parties obtain economic benefits which are result of the principle of comparative advantage. The risk associate with interest rate swaps are mainly a practice of risk management and risk mitigation (Mayhew, 2003). Risk management: there are several risk factors that essential to all derivative trades and some that are unique to certain trades. However general risks include but not limited to (1) termination risk: risk that the counterparty will terminate the swap in an adverse market; (2) fair value risk: risk that the market value of the trade becomes negative; (3) credit risk: risk that the counterparty will drop below acceptable rating levels, and (4) basis risk: risk that the basis for the variable payment received will not match the variable payment on the bonds (Mayhew, 2003). Risk mitigation: when an issuer does not have to give the counterparty the right to swap arrangement. In addition, an issuer can always terminate a swap (market values not resisting) and employ insurance to guarantee the performance of both the issuer and the counterparty (Mayhew, 2003). ReferencesBicksler, J., & Chen, A, H. (2006). An economic analysis of interest rate swaps. The Journal of Finance. 19(3). 645-655. (PDF) An Economic Analysis of Interest Rate Swaps (researchgate.net)Mayhew, B. (2003). Risk and rewards of interest rate swaps: one issuer ‘perspective. California Debt and Investment Advisory Commission. 22(10). 1-3. Risks & Rewards of Interest Rate Swaps.p65 (ca.gov)
Macbeth Act 5
What is the final question Macbeth asks the witches, which they refuse to answer?Whether he will remain King until old age ...
Macbeth Act 5
What is the final question Macbeth asks the witches, which they refuse to answer?Whether he will remain King until old ageWhether Banquo’s sons will be KingWhether Macduff will become KingWhether he should kill Lady MacbethWhat does Lady Macbeth do when she sleepwalks?Stabs her sonWrites a letter to her husbandWashes her hands of imagined bloodEats a feastHow does the prophecy about Great Birnam Wood come true?The wood is moved by supernatural means to the castle doorThe soldiers sneak through a nearby wood insteadThe soldiers hold trees in front of them as they marchThe soldiers build fake trees to distract MacbethMacbeth compares life to all of the following EXCEPT:A walking shadowA candle flameA poor playerA riverWhat does Macduff say will happen to him if he doesn’t kill Macbeth?He will be imprisonedThe ghosts of his family will haunt himThe ghost of King Duncan will haunt himHe will kill himselfWho reveals himself to have been born by being ripped from his mother’s womb?Old SiwardYoung SiwardMacduffMalcolmAfter Macduff’s revelation about his birth, which passage shows Macbeth’s commitment to carrying out the final battle?Ring the alarum-bell! Blow, wind! come, wrack!The mind I sway by and the heart I bear / Shall never sag with doubt nor shake with fear. Hang those that talk of fear. Give me mine armour.I will not yield / To kiss the ground below young Malcolm’s feet / And to be baited with the rabble’s curseWhich passage underscores Macbeth’s belief in his invincibility?Why should I play the Roman fool, and die / On mine own sword?If thou speak’st false / Upon the next tree shalt thou hang aliveAs easy mayst thou the intrenchant air / With thy keen sword impress as make me bleedGo prick thy face, and over-red thy fear / Thou lily-liver’d boy.Which passage shows Macbeth’s belief in his interpretation of the witches prophecy?Thou wast born of woman / But swords I smile at, weapons laugh to scorn / Brandished by man that’s of woman born.And damn'd be him that first cries, 'Hold, enough!'Such a one / Am I to fear, or none.I will not be afraid of death and bane / Till Birnam forest come to Dunsinane.Make all the trumpets speak; give them all breathThose clamorous harbingers of blood and death. This is an example of what literary device?AlliterationAssonancePersonificationEthosLife’s but a walking shadow, a poor playerthat struts and frets his hour upon the stage.These two lines have three of the four literary devices within them? Which one does not appear?AssonanceInternal RhymeMetaphorAlliteration
MBA 6053 Columbia Southern University Decision Making Discussion
Identify a situation that involves making decisions using
expected value, and detail the different options, expectations, ...
MBA 6053 Columbia Southern University Decision Making Discussion
Identify a situation that involves making decisions using
expected value, and detail the different options, expectations, and payouts.
Discuss the risks involved with those expectations and, if applicable, the
payouts. Include in the discussion an explanation of how to determine how much
information to gather to minimize uncertainty. Finally, explain which decision
should be made.
Walden University Opportunity Costs Microeconomics Discussion
Choose a recent purchase of yours to consider for your initial response to this Discussion prompt. Try to use an exampl ...
Walden University Opportunity Costs Microeconomics Discussion
Choose a recent purchase of yours to consider for your initial response to this Discussion prompt. Try to use an example in which the compromises were either clearly worth it—or clearly not worth it. Consider your reasons for making the purchase and how you weighed the pros and cons of your decision.
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6 pages
Aly6110 Codes
The launching of the Scoop job was undertaken through the terminal after logging into the Master Node of the cluster. The ...
Aly6110 Codes
The launching of the Scoop job was undertaken through the terminal after logging into the Master Node of the cluster. The data was transferred from ...
Nova Southeastern University International Finance Discussion
1-Hello Class,There are many different financial means that companies can utilize in order to reduce financial waste and r ...
Nova Southeastern University International Finance Discussion
1-Hello Class,There are many different financial means that companies can utilize in order to reduce financial waste and remain lean. One of these means would be interest rate swaps. The principle is one based on comparative advantage, in order for active liability management and hedging against interest rates. Bicksler, J., & Chen, A. H. (2012, April 30) This agreement between two companies allows them to manage their risk and operate on an interest rate that is ideal for their operations. This could be simply variable payments into fixed payments. All swaps are based on one central principle: one participant exchanging an advantage in one credit market advantage available to another participant in a different credit market Balsam, S., & Kim, S. (2001, October 30). One of the companies can be experiencing decreased cash flow and be entering the agreement in order to aid in this situation. Two companies enter an interest rate swap agreement with a certain value in mind, one company is under the assumption that interests will likely rise in the short run and looks to profit. While the second company in play is receiving a floating interest rate return and does not share the same analysis when it comes to the outlook of interest rates in the short run. The two companies enter an agreement to profit based off of movement of the market with interest rates. A notable risk of interest rate swaps would be counterparty risks, the two parties typically involved are larger companies or institutions the risk is relatively low. The companies for the most part are able to meet their obligations under their agreement. The legal proceedings if one institution is unable to keep their end of the agreement could and would be a difficult legal proceeding for the companies to navigate. References:Bicksler, J., & Chen, A. H. (2012, April 30). An economic analysis of Interest Rate Swaps. Wiley Online Library. Retrieved September 17, 2021, from https://onlinelibrary.wiley.com/doi/pdf/10.1111/j.1540-6261.1986.tb04527.x.Balsam, S., & Kim, S. (2001, October 30). Effects of interest rate swaps. Journal of Economics and Business. Retrieved September 17, 2021, from https://www.sciencedirect.com/science/article/abs/pii/S0148619501000480?via%3Dihub.2- “Interest rate swap is an agreement that one party is to swap its fixed interest rate payment for a floating interest rate payment of another party(Eiteman, pg. 229, 2021).” An interest rate swap is normally offered when a country is trying to reduce or maintain a lower interest rate that may have not been possible if they had not done the swap. Some may even swap to increase exposure to fluctuations in interest rates. When a person does an interest rate swap, they are exchanging future payments for another base on the principal amount or what they are looking for. So, think of it this way. You are trading one cash flow for another cash flow. This could be a good thing in the beginning but may turn into a bad one down the line. These swaps are considered over the counter(OTC) due to their contracts between the two-party. There are different ways you could do the interest rate swap. For example, you can have a fixed to floating sway. If a company has an interest rate that catches the eye of the public, it could swap. If the manager believes they could get a better cash flow from a floating rate, then the business would want to do a swap. You could also have a floating to fixed swap or a float-to-float swap. It all comes down to the need of both parties and their goals. It is important to remember that even though this swap is a great tool it can also be bad in the long run. “Provus said that basis risk on a floating-to-fixed rate swap can have potential exposure as the issuer may have a difference between the floating rate on the variable rate demand obligation bonds and the floating rate would receive it from the swap counterparty (Provus,2021).” This could happen if the floating rate bond has a Bond Market Association (BMA) that is different from the other party who may have a 60 percent or more of London Interbank Offering Rate LIBOR. You also have to remember just because you are getting rid of what may be a high rate doesn’t mean the cash flow or the interest you are exchanging is going to be better. ResourcesChen, J. (2021, September 15). What is an interest rate swap? Investopedia. Retrieved September 16, 2021, from https://www.investopedia.com/terms/i/interestrateswap.asp.Eiteman, D. K., Stonehill, A. I., & Moffett, M. H. (2021). Multinational Business Finance. Pearson Education Limited.Provus, S. (n.d.). Basis Risk With Interest Rate Swaps. CDFA. Retrieved September 16, 2021, from https://www.cdfa.net/cdfa/cdfaweb.nsf/ord/feb2005tlc.html.3-An interest rate swap or just a rate swap is an agreement between two parties to exchange a series of interest payments without exchanging the underlying debt. In a typical fixed/floating rate swap, the first party promise to pay to the second at designated intervals a stipulated amount of interest calculated at a fixed rate on the theoretical principal and the second party promises to pay to the first at the same intervals a variable amount of interest on the supposed principle calculated according to a floating-rate index (Bicksler et al., 2006). In addition, the first party in a fixed/floating rate swap that pays the fixed amount of interest is called the fixed rate payer, and the second party that pays the floating amount of interest is called the floating-rate payer (Bicksler et al., 2006). Moreover, interest rate swap is optional to market transactions by two parties and both parties obtain economic benefits which are result of the principle of comparative advantage. The risk associate with interest rate swaps are mainly a practice of risk management and risk mitigation (Mayhew, 2003). Risk management: there are several risk factors that essential to all derivative trades and some that are unique to certain trades. However general risks include but not limited to (1) termination risk: risk that the counterparty will terminate the swap in an adverse market; (2) fair value risk: risk that the market value of the trade becomes negative; (3) credit risk: risk that the counterparty will drop below acceptable rating levels, and (4) basis risk: risk that the basis for the variable payment received will not match the variable payment on the bonds (Mayhew, 2003). Risk mitigation: when an issuer does not have to give the counterparty the right to swap arrangement. In addition, an issuer can always terminate a swap (market values not resisting) and employ insurance to guarantee the performance of both the issuer and the counterparty (Mayhew, 2003). ReferencesBicksler, J., & Chen, A, H. (2006). An economic analysis of interest rate swaps. The Journal of Finance. 19(3). 645-655. (PDF) An Economic Analysis of Interest Rate Swaps (researchgate.net)Mayhew, B. (2003). Risk and rewards of interest rate swaps: one issuer ‘perspective. California Debt and Investment Advisory Commission. 22(10). 1-3. Risks & Rewards of Interest Rate Swaps.p65 (ca.gov)
Macbeth Act 5
What is the final question Macbeth asks the witches, which they refuse to answer?Whether he will remain King until old age ...
Macbeth Act 5
What is the final question Macbeth asks the witches, which they refuse to answer?Whether he will remain King until old ageWhether Banquo’s sons will be KingWhether Macduff will become KingWhether he should kill Lady MacbethWhat does Lady Macbeth do when she sleepwalks?Stabs her sonWrites a letter to her husbandWashes her hands of imagined bloodEats a feastHow does the prophecy about Great Birnam Wood come true?The wood is moved by supernatural means to the castle doorThe soldiers sneak through a nearby wood insteadThe soldiers hold trees in front of them as they marchThe soldiers build fake trees to distract MacbethMacbeth compares life to all of the following EXCEPT:A walking shadowA candle flameA poor playerA riverWhat does Macduff say will happen to him if he doesn’t kill Macbeth?He will be imprisonedThe ghosts of his family will haunt himThe ghost of King Duncan will haunt himHe will kill himselfWho reveals himself to have been born by being ripped from his mother’s womb?Old SiwardYoung SiwardMacduffMalcolmAfter Macduff’s revelation about his birth, which passage shows Macbeth’s commitment to carrying out the final battle?Ring the alarum-bell! Blow, wind! come, wrack!The mind I sway by and the heart I bear / Shall never sag with doubt nor shake with fear. Hang those that talk of fear. Give me mine armour.I will not yield / To kiss the ground below young Malcolm’s feet / And to be baited with the rabble’s curseWhich passage underscores Macbeth’s belief in his invincibility?Why should I play the Roman fool, and die / On mine own sword?If thou speak’st false / Upon the next tree shalt thou hang aliveAs easy mayst thou the intrenchant air / With thy keen sword impress as make me bleedGo prick thy face, and over-red thy fear / Thou lily-liver’d boy.Which passage shows Macbeth’s belief in his interpretation of the witches prophecy?Thou wast born of woman / But swords I smile at, weapons laugh to scorn / Brandished by man that’s of woman born.And damn'd be him that first cries, 'Hold, enough!'Such a one / Am I to fear, or none.I will not be afraid of death and bane / Till Birnam forest come to Dunsinane.Make all the trumpets speak; give them all breathThose clamorous harbingers of blood and death. This is an example of what literary device?AlliterationAssonancePersonificationEthosLife’s but a walking shadow, a poor playerthat struts and frets his hour upon the stage.These two lines have three of the four literary devices within them? Which one does not appear?AssonanceInternal RhymeMetaphorAlliteration
MBA 6053 Columbia Southern University Decision Making Discussion
Identify a situation that involves making decisions using
expected value, and detail the different options, expectations, ...
MBA 6053 Columbia Southern University Decision Making Discussion
Identify a situation that involves making decisions using
expected value, and detail the different options, expectations, and payouts.
Discuss the risks involved with those expectations and, if applicable, the
payouts. Include in the discussion an explanation of how to determine how much
information to gather to minimize uncertainty. Finally, explain which decision
should be made.
Walden University Opportunity Costs Microeconomics Discussion
Choose a recent purchase of yours to consider for your initial response to this Discussion prompt. Try to use an exampl ...
Walden University Opportunity Costs Microeconomics Discussion
Choose a recent purchase of yours to consider for your initial response to this Discussion prompt. Try to use an example in which the compromises were either clearly worth it—or clearly not worth it. Consider your reasons for making the purchase and how you weighed the pros and cons of your decision.
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