...DEFINITION OF 'BALANCE OF PAYMENTS (BOP)' A statement that summarizes an economy’s transactions with the rest of the world for a specified time period. The balance of payments, also known as balance of international payments, encompasses all transactions between a country’s residents and its nonresidents involving goods, services and income; financial claims on and liabilities to the rest of the world; and transfers such as gifts. The balance of payments classifies these transactions in two accounts – the current account and the capital account. The current account includes transactions in goods, services, investment income and current transfers, while the capital account mainly includes transactions in financial instruments. An economy’s balance of payments transactions and international investment position (IIP) together constitute its set of international accounts. Ads * Reliance Life Insurance reliancelife.com/Insurance_Premium 1Cr Cover @ Rs450 or 50 Lac @ Rs253 Per month, Policy Term up to 35 yrs * Chennai Office Space regus.co.in/Chennai_Office_Space Flexible Office to Suit Your Needs. in Prime Locations+IT+Receptionist. INVESTOPEDIA EXPLAINS 'BALANCE OF PAYMENTS (BOP)' Despite its name, the “balance of payments” data is not concerned with actual payments made and received by an economy, but rather with transactions. Since many international transactions included in the balance of payments do not involve the payment of money, this figure may differ significantly...
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...Corporate Finance Tute-2 1. You are contemplating buying a pension policy. Your financial advisor tells you that to buy the pension policy, you have to pay (or contribute to) the pension fund an amount that is constant in real terms every year, starting 1 year from now, for the next 30 years (i.e. until and including the year 2039). In return, the pension fund provider shall pay an annual pension to you for the subsequent 30 years (i.e. starting in the year 2040) that is constant in real terms. Assume a long-term nominal interest rate of 6% per year. With your current standard of living (which you would want to retain once you retire), you expect that you would need Rs. 240,000 per year in real terms as pension. Assume that the average long-term inflation rate is expected to be 4.8% per year. Calculate how much you would thus need to save every year in real terms (to contribute to the pension fund) in order to meet your needs? 2. Raj Corporation has the opportunity to invest $ 1 million now (t=0) and expects after tax return of $600000 in t=1 and $700000 in t=2. The project will last for 2 years only. The appropriate cost of capital is 12% with all equity financing. The borrowing rate is 8% and Raj Corporation will borrow $300000 for the project. The debt must be repaid in two equal instalments. Assume that debt tax-shields have a net value of $0.30 per dollar of interest paid. Calculate the project’s APV. 3. The following table shows the price of a sample...
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...Cscsc VGX BSKCSA Acjaaaaaaaaa aaaaaaaaaa aaaaaaaaaa aaaaaaaaaaaaaaaaaaa aaaaaaaaaaaaaa aaaaaaaaaaaaaaaaa aaaaaaaaaaaaaa aaaaaaaaaaaaaaaa Dkvksdbvksdnvdmvll hhhhhhhhhhhhhhhhhhhhh hhhhhhhhhhh h h hh h h h h h Statement of retained earnings. Isang problem ilang minutes sobrang katamaran na to. Bigla ako tinamad ng naganounce walang pasok Sjcskvbskcs Koya Kem @KoyaKemOfficial 4m Base sa kanilang mga magulang, alam niyo bang bading at hindi pa tuli ang bawat miyembro ng Chicser. Expand Koya Kem @KoyaKemOfficial 12m Ayon sa mga siyentipiko, alam mo bang mataas ang tsansang pinanganak ka sa mismong Birthday mo. Expand Koya Kem @KoyaKemOfficial 25m Alam niyo bang si Kim Chiu ang may-ari ng Manila Chui at Malabon Chiu. Expand Koya Kem @KoyaKemOfficial 35m Alam niyo bang para gumana ang Touch Screen phone kailangan mong pindutin ang screen nito. Expand Koya Kem @KoyaKemOfficial 49m Alam niyo bang pwede kang pumasok sa Entrance at pwede kang lumabas sa Exit. Expand Koya Kem @KoyaKemOfficial 57m Alam niyo bang nasa FB na rin ako? Like na! https://www.facebook.com/KoyaKemAtyinsaOfficial … Expand Koya Kem @KoyaKemOfficial 1h Ngayon ay Miyerkules at base sa mga pag-aaral, malaki ang tsansang bukas ay Huwebes. Expand Koya Kem @KoyaKemOfficial 4m Base sa kanilang mga magulang, alam niyo bang bading at hindi pa tuli ang bawat miyembro ng Chicser. Expand Koya Kem @KoyaKemOfficial 12m Ayon sa mga siyentipiko, alam mo bang mataas ang tsansang pinanganak...
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...Introduction to the Thermodynamics of Materials Third Edition David R. Gaskell Preliminaries ‡ Settings Off@General::spellD ‡ Physical Constants Needed for Problems ü Heat Capacities The generic heat capcity c 105 bT Å Cp = a + ÅÅÅÅÅÅÅÅÅÅ + ÅÅÅÅÅÅÅÅÅÅÅÅÅÅ ; T2 103 The heat capacities of various elements and compounds are CpAgs = Cp ê. 8a Ø 21.30, b Ø 8.54, c Ø 1.51 8.3144 , Rla -> 0.082057 < ; The number of moles can be calculated from the starting state: P 1 V1 nmols = ÅÅÅÅÅÅÅÅÅÅÅÅÅÅÅÅ ê. nums ; Å Rla T1 subs = Append@nums, n -> nmolsD 8V1 Ø 10, T1 Ø 298, P1 Ø 10, P2 Ø 1, R Ø 8.3144, Rla Ø 0.082057, n Ø 4.08948< Finally, this constant will convert liter-atm energy units to Joule energy units. All results are given in Joules: laToJ = 101.325 ; ü 1. Reversible, Isothermal Process In an isothermal process for an ideal gas, DU = 0 ; DH = 0 ; thus heat and work are equal and given by: P2 q = w = n R T1 LogA ÅÅÅÅÅÅÅ E J ê. subs P1 -23330.9 J 16 Notes on Gaskell Text ü 2. Reversible Adiabatic Expansion In an adiabatic expansion q = 0; and P V g is a constant. Thus the final state has 1êg g P2 V2 i P1 V1 y Å ; T2 = ÅÅÅÅÅÅÅÅÅÅÅÅÅ ê. g -> 5 ê 3 Å V2 = j ÅÅÅÅÅÅÅÅÅÅÅÅÅÅÅ z j z n Rla k P2 { P1 V 1 P2 I ÅÅÅÅÅÅÅÅÅÅÅÅÅ M P ÅÅÅÅÅÅÅÅÅÅÅÅÅÅÅÅ2 ÅÅÅÅÅÅÅÅÅ ÅÅÅÅÅÅÅÅ Å n Rla 5ê3 3ê5 For an ideal gas cv = 3R/2; thus 3 DU = ÅÅÅÅ n R HT2 - T1 L ê. subs 2 -9147.99 or we can use 3 DU = ÅÅÅÅ HP2 V2 - P1 V1 L laToJ ê. Append@subs, g -> 5 ê 3D 2 -9148.02 For some numeric results, the...
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