Assignment_2019_S2.docx - Business Finance I Semester 2 2019 Assignment The purpose of this assignment is to explore the capabilities of Excel

Assignment_2019_S2.docx - Business Finance I Semester 2...

This preview shows page 1 - 2 out of 4 pages.

Business Finance I Semester 2 2019 Assignment The purpose of this assignment is to explore the capabilities of Excel spreadsheets and its applications for finance. This assignment must be done individually, is worth 20% of the total assessment for this subject and is not redeemable. You are required to submit one excel file containing two excel spreadsheets, one for each question. The link for the Turnitin Assignment tool has been created under the Assignment page entitled “ Assignment- Turnitin Submission ” on the MyUni site. You can upload your assignment directly by following the prompts. A late assignment submission will be penalised by a 1 mark reduction (or 5% of the possible maximum mark for the assignment) for each day that it is late. There are 2 questions for this assignment. The first requires you to produce data for an amortised home loan whilst the second question requires you to determine the impact of changes in interest rate on bond value. A separate spreadsheet is required for each question. Question 1: (50% of marks) You are required to produce an amortisation table for a home loan and a diagram demonstrating the link between loan repayments and principal outstanding. Please see slide 34 from Topic 2 (or p146 from textbook) for an example of the layout of the table. The home loan is for $250,000 and is to be amortised over a time period of 15 years requiring annual payments. All calculations should be executed in excel. From your table produce a diagram that demonstrates the relationship between the outstanding principal and the number of years into the loan. The interest rate to be used is 3% plus the last digit of your student number . For example if your student number ends in a ‘0’ then the interest rate is 3%, but if your student number ends in a ‘9’ then the interest rate is 12%. Assume that interest rates do not change over the life of the loan.
Image of page 1

Subscribe to view the full document.

Image of page 2
  • Spring '16
  • PROF. AFFULO

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Ask Expert Tutors You can ask 0 bonus questions You can ask 0 questions (0 expire soon) You can ask 0 questions (will expire )
Answers in as fast as 15 minutes