October 10, 2017
Safely Using Headphones and Earbuds
People often listen to sound from their computers or mobile devices through headphones
or ear-buds. Headphones cover or are placed outside of the ear, whereas
Effects of a Forward Contract. How can a forward contract backfire?
ANSWER: If the spot rate of the foreign currency at the time of the transaction is worth less
than the forward rate that was negotiated, or is worth more than the forward rate that was
Hedging With Currency Options. When would a U.S. firm consider purchasing a call option on
euros for hedging? When would a U.S. firm consider purchasing a put option on euros for
ANSWER: A call option can hedge a firms future payables denominated
a. What do you think happened to the futures price over the month of November? Why?
ANSWER: The December futures price would have decreased, because it reflects
expectations of the future spot rate as of the settlement date. If the existing spot rate is $
The strike price was $.75, and the spot rate at the time the option was exercised was $.72.
Assume Brian immediately sold off the Canadian dollars received when the option was
exercised. Also assume that there are 50,000 units in a Canadian dollar option.
Speculating With Currency Options. When should a speculator purchase a call option on
Australian dollars? When should a speculator purchase a put option on Australian dollars?
ANSWER: Speculators should purchase a call option on Australian dollars if they
Forward Premium. Compute the forward discount or premium for the Mexican peso whose
90-day forward rate is $.102 and spot rate is $.10. State whether your answer is a discount or
ANSWER: (F - S) / S
=($.102 - $.10) / $.10 (360/90)
= .08, or 8%,
Using Currency Futures.
How can currency futures be used by corporations?
ANSWER: U.S. corporations that desire to lock in a price at which they can sell a foreign
currency would sell currency futures. U.S. corporations that desire to lock in a price a
SAN FRANCISCO After Paul Minton graduated from college, he
worked as a waiter, but always felt he should do more.
So Mr. Minton, a 26-year-old math major, took a three-month course in
computer programming and data analysis. As a waiter, he made $20,000
31. Issuing Stock in Foreign Markets. Bloomington Co. is a large U.S.-based MNC with large
subsidiaries in Germany. It has issued stock in Germany in order to establish its business. It
could have issued stock in the U.S. and then used the proceeds in ord
3. Currency Options. Differentiate between a currency call option and a currency put option.
ANSWER: A currency call option provides the right to purchase a specified currency at a
specified price within a specified period of time. A currency put option p
Chapter 1,9,10, 11 Homeworks
CHAPTER 1 HOMEWORK:
1. How did the recession of 2007-2009 compare with other recessions since the Great
Depression in terms of length? It was the longest
2. What effect did the reces
1.) A(n) _ is a computer that provides services and connections to other computers on a
network. Answer: a- Host.
2.) A(n) _ is a sequence of numbers that uniquely identifies the location of each
computer or device connected to the internet. Answer: c- IP
1.) For successful communications, you need all of the following except a _ . Answer- C,
2.) A(n) _ is an internal network that uses internet technologies. Answer- C intranet.
3.) A _ is a network that connects computers and device
1.) _ software performs functions specific to a business or industry. D-Custom.
2.) A(n) _ is the right to use a program or app. A-License agreement.
3.) _ software is an application that allows users to organize data in columns and rows and
1.) A _ is someone who demands payment to stop an attack on an organizations
technology infrastructure. B-script kiddie.
2.) _ is a program that hides in a computer or mobile device and allows someone from a
remote location to take full control of the com
1.) Which of the following Is not true of ultrathin laptops? Answer: b, have shorter battery
2.) Some people use the term _ to refer to the case that contains ad protects the
motherboard, internal hard drive, memory, and other electronic components
After reading the article about the Dutch Tuplip Mania I found most of the article very
shocking/interesting. One of the facts that I found interesting was that tulips start out as bulbs
and take seven to twelve years just to bloom. Most, if not
I still do work on my own gas powered lawn equipment. It takes me longer, Im
less skilled generally than a pro, but I learn a lot every time. And part of that learning is
helping me diagnose problems or hopefully in the long run get more life out o
Is it ethical to alter digital photos?
How can we believe anything we see anymore? With today's technology, we can literally
do anything we want with images. The concept of retouching photos is a touchy subject. When
does retouching a photo cross over int
ADDENDUM TO CONTRACT OF SALE
September 15, 2015
R. Douglas Bliven and Melissa Anastos
Jesus I. Cadenillas and Fanny A. Arce
7 Waverly Street, Huntington Station, NY 11746
1. The on or about closing date set forth in p
Currency Call Option Premiums. List the factors that affect currency call option premiums and
briefly explain the relationship that exists for each. Do you think an at-the-money call option in
euros has a higher or lower premium than an at-the-money call
Chapter 2: Review of Accounting
A financial statement that measures the profitability of the firm over a time period
All expenses are subtracted from sales to arrive at net income
Earnings Per Share
The earnings available to common s
In April I had good results with Dare to Be Great II, starting from the base established in an earlier memo
(Dare to Be Great, September 2006) and adding new thoughts that had occurred to
The Misbehavior of Markets
Benoit Mandelbrot & Richard L. Hudson
If [Mandelbrot] is right, almost all of our statistical tools are obsoleteleast
squares, spectral analysis, workable maximum-likelihood solutions, all our
The Role of Luck
Sometimes these memos are inspired by a single event or just one thing I read. This one like my first
memo 24 ye
GLOBAL FINANCIAL STRATEGIES
Sharpening Your Forecasting Skills
Foresight Is a Measurable Skill That You Can Cultivate
September 28, 2015
Michael J. Mauboussin
Dan Callahan, CFA
By Peter F. Drucker
The knowledge we now consider knowledge proves itself in action. What we now
mean by knowledge is information effective in action, information focuse
By Peter F. Drucker
today we do not speak of these specialized knowledges as crafts we speak of
disciplines. This is as great a change in intellectual history as any ev