...Lecture 5 Chapter 8 Foreign currency derivatives Lecture outline Chapter 8: Foreign currency derivatives Futures contracts Options Chapter 9: Interest rate and currency swap Interest rate risk management FRAs Interest rate futures (not examinable) Swaps 2 Foreign Currency Derivatives Financial management of the MNE in the 21st century involves financial derivatives. These derivatives, so named because their values are derived from underlying assets, are a powerful tool used in business today. These instruments can be used for two very distinct management objectives: Speculation – use of derivative instruments to take a position in the expectation of a profit Hedging – use of derivative instruments to reduce the risks associated with the everyday management of corporate cash flow 3 1 Foreign Currency Derivatives Derivatives are used by firms to achieve one of more of the following individual benefits: Permit firms to achieve payoffs that they would not be able to achieve without derivatives, or could achieve only at greater cost Hedge risks that otherwise would not be possible to hedge Make underlying markets more efficient Reduce volatility of stock returns Minimize earnings volatility Reduce tax liabilities Motivate management (agency theory effect) 4 Foreign Currency Derivatives What are they? Forward contracts Futures contracts Options Swaps 5 Foreign Currency Futures A foreign currency (FX) futures contract is an alternative to a...
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...entry in a works cited list by the first letter, ignoring the articles A, An, and The. Indent subsequent lines of entries one-half inch. Names: Use initials for first and middle names. Titles: For articles, chapters and books, capitalize only the first word of the title and subtitle and proper nouns. Fully capitalize periodical titles. Dates: Publication dates use the order year, month day. The access date uses the order month day year. If no publication date is available, use "n.d." in place of date. The following examples are citations from EBSCO databases. If you cannot find some of this information, cite what is available. Different styles may apply when citing print and other sources. Journal Article Pattern: [Author last name], [First initial]. [Middle initial]. ([Publication year]). [Title of article]. [Title of journal], [Volume number]([Issue number]), [Page number starts]-[ends]. [Document Object Identifier] Example: Silva, L. (2007). Epistemological and theoretical challenges for studying power and politics in information systems. Information Systems Journal, 17(2), 165-183. [Document Object Identifier] Journal Article w/ No Author Pattern: [Title of article]. ([Publication year]). [Title of journal], [Volume number]([Issue number]), [Page number starts]-[ends]. [Document Object Identifier] Example: Epistemological and theoretical challenges for studying power and politics in information systems. (2007). Information Systems Journal, 17(2),...
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...each citation. This part is in 12 pt Times New Roman. ❑ The third part provides an actual example of a resource found in a Lexington County District One Library Media Center. The red font in 12 pt Times New Roman, double-spaced lines and hanging indent identify this part of each citation. II. To use the citation template, highlight the template for the resource you need to cite, then copy and paste into your paper. 1st_Author's_LastName, 1st_Author's_FirstName, and 2nd_Author's_FirstName 2nd_Author's_LastName. Title. City_of_Publication: Publisher, Date_of_Publication. III. Select one of the grey boxes and type the correct information. As soon as you click on each grey box to select it, it is highlighted—do not delete the grey box—just start typing. Notice in the sample below, “Warhol” has replaced the grey box that said “1st_Author’s_LastName” in Step II above. Warhol, 1st_Author's_FirstName, and 2nd_Author's_FirstName 2nd_Author's_LastName. Title. City_of_Publication: Publisher, Date_of_Publication. IV. The punctuation, italics, and underlines will be inserted automatically as you type. Warhol, Tom, and Chris Reiter. Eagles. Tarrytown: Marshall Cavendish, 2004. V. Make sure that the lines of citations are double-spaced and that each citation has a “hanging” indent. VI. Remember that a list of citations should be alphabetized by the first word in each citation (with the exception of “A”, “An”, or “The”). VII. The format for these citations is...
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...find our individual analyses of four different documents that we found to be well designed. We have also included our group analysis of the document that we found to be the best designed overall. I. Connor’s Document Analysis: This document is effective for a multitude of reasons, other than just being aesthetically pleasing to look at. A fraternity posted this advertisement in one of my classes last year, and it achieved its rhetorical purpose effectively. The fact that I remembered this document in the first place out of the hundreds of other greek-life advertisements speaks to its design. Immediately the eyes are drawn to the title “ Phi Chi Theta”. This is due to fact that the title is the biggest typeface...
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...Connection With Identification Documents, Authentication Features, And Information (Title 18, U.S.C. § 1028Federal Trade Commission: “occurring when someone uses your personally identifying information, like your name, Social Security number, or credit card number, without your permission, to commit fraud or other crimes” * Fraud And Related Activity In Connection With Identification Documents, Authentication Features, And Information (Title 18, U.S.C. § 1028Federal Trade Commission: “occurring when someone uses your personally identifying information, like your name, Social Security number, or credit card number, without your permission, to commit fraud or other crimes” * Fraud And Related Activity In Connection With Identification Documents, Authentication Features, And Information (Title 18, U.S.C. § 1028Federal Trade Commission: “occurring when someone uses your personally identifying information, like your name, Social Security number, or credit card number, without your permission, to commit fraud or other crimes” * Fraud And Related Activity In Connection With Identification Documents, Authentication Features, And Information (Title 18, U.S.C. § 1028Federal Trade Commission: “occurring when someone uses your personally identifying information, like your name, Social Security number, or credit card number, without your permission, to commit fraud or other crimes” * Fraud And Related Activity In Connection With Identification Documents, Authentication Features...
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...direct to the related course. 2.0 Font Use Arial as font type of size 12 for all text in the report. 3.0 Title and subtitle All titles and subtitles must be numbered and bold. The subtitles should not be indented but arranged in a structured manner not more than three levels as follow: 1.0 First level (Title of the topic) level 1 1.1 Second level (Title of the subtopic) level 2 1.1.1 Third level (Title of the sub-subtopic) level 3 Sub -topics beyond level three are not allowed and should be labeled using alphabets (a, b, c, ) and Romans. Numbering using Roman style (i, ii, iii, .) is only allowed after the alphabets have been used. Example: 1.1.1 a. .. i. .. b. . 2 All numbering should be left aligned. 4.0 Line/Body Text Spacing Use JUSTIFY alignment with 1.5 spacing for the entire body text throughout the report. The text body should not be indented for each paragraph, but hit the enter key twice before stating the following new paragraph. 5.0 Captions Captions must be written at the top of any table or figure. 6.0 Margins All pages should be set with the same margin. The left margin should be 1.5 inch (for binding purpose) and 1 inch for the top, right and bottom margins. 7.0 Pagination Page numbers should be at the right bottom of the page and the page numbers should appear by themselves and are not to be enclosed in parentheses, hyphens, title, etc. 8.0 Report Content Report must not exceed 3,000 words and must contain the following:...
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...Your Name Instructor’s Name ENGL 1302 Date Title or Assignment Name Goes Here This document illustrates the correct MLA format and requirements for all work in this class. The grade may be reduced up to 10% on any assignment that is incorrectly formatted. Please save a copy of this document. Replace the generic information with your personal information, and use this file as a template for your own work. Filenames All composition classes focus on writing process, so each part of the process must be saved; all drafts, revisions, and edits must be saved to document the process. Therefore, naming and organizing your files is important to your success. Each time you revise or edit a file, save the file with a new filename. Do not just overwrite the existing file. Use the following method to name files: lastname assignment number (for example, if your last name is Smith and you are working on Week 2, Session 1, Assignment C, use the filename Smith 2-1-C. Some assignments ask you to specifically label a draft (e.g., Revision 1 or Revision 2). Please carefully follow instructions so your assignments will be clearly identifiable, to both you and your instructor. Please note the important elements of MLA format: • Appropriate font and font size • One-inch margins on all sides of the page • Four-line heading that appears only on page one • Pagination on each page, placed in the header in the upper right corner of the page. Pagination is the only...
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...property is at its peak. Certain documents are required to be executed in order to make the transfer of property operational. A deed is the document used in transactions involving the transfer of property. There are different types of deeds used in the transfer of property. This paper seeks to highlight the differences between the two most commonly used deeds in the transfer of property: the quitclaim deed and the warranty deed. THE QUITCLAIM DEED A quitclaim deed refers to a document of conveyance of real property that passes any claim, title or interest vested in the grantor of the deed without vouching the validity of such title, claim or interest. The quitclaim deed is therefore a release by the grantor or conveyor of the deed of any interests that the grantor may have in property as described in the document. The quitclaim deed releases the conveyor of the deed of any liability with respect to the ownership of the property in the deed. It therefore means that if a competing interest is later on discovered in respect of the property, the conveyor of the deed will not be liable to the grantee. This means that if it is later on discovered that the grantor did not actually own the property, the grantor will lose the property. Similarly, if it is discovered that the grantor only had partial interests in the property, the grantee will only receive the partial interest. This is because a quitclaim deed does not guarantee that the grantor has a clean title to the property. It only relinquishes...
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...Title of Document Author St. Edward’s University Month day, year Course Title of Document The School of Management and Business and other SEU graduate programs have adopted American Psychological Association (APA) as its format for papers. The School of Management and Business Website has a template that can be used when the APA format is required for a paper. Access it at http://think.stedwards.edu/business/writingresources and download APA TEMPLATE, 6th edition as a template to the computer. Use the APA template for the document instead of the Normal template. Using APA Template When a New Document is opened, using the template the document automatically has 1” margins, is double-spaced, and has page numbers at the top right margin in the header. It has all the styles required by APA in the Style Guide. By clicking on different Styles, the writer can change the formatting of words or sentences. Normal automatically has a 0.5 inch paragraph indent, and Block Quote and Reference List are set up to automatically provide the proper formatting. Examples of properly formatted pages can be found at the end of this chapter. The paragraph mark (¶) must be activated from the Toolbar when a New Document is opened from the APA template. The Styles used for APA are accessed by clicking on the arrow on the Styles ribbon. ‘Style’ can also be added to the Quick Access Toolbar Style so that a window showing the Style in use is visible. Clicking on the arrow brings up a...
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...Module 2 Assignment: Personal Philosophy of Nursing Module 2 Assignment: Personal Philosophy of Nursing Submit by 2359 (CT) Saturday at the end of Module 2. NOTE: You will create a new Word document for this Assignment instead of typing directly into this document. Overview: “Personal Philosophy of Nursing” In this module’s Assignment, you will draft a formal paper expressing your personal philosophy of nursing paper. In this paper, you will provide a framework for your personal practice of nursing and reflect on why you chose nursing as a profession. Your paper will define how you interact with patients, family members, other nurses, and other health care professionals. Since this is your first formal paper for the program, be sure to use the resources listed below to ensure you are using the proper APA formatting, title page, and scholarly language. Be sure you develop a method of naming your assignment documents as you save them on your computer so you can easily retrieve them when you submit them into the appropriate assignment/document area in Blackboard. Resources ANA Code of Ethics APA Module* http://gseacademic.harvard.edu/~instruct/articulate/APA/player.html (This is also printable. Follow instructions in the tutorial.) Scholarly Writing Tips* (*Available in the Resource section of this module) MS Word Help and How-To Word 2007 - http://office.microsoft.com/en-us/word/FX100649251033.aspx?CTT=96&Origin=CL100636481033 Word 2003 - http://office...
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...Project Charter document, as described in the PMI Project Management Body of Knowledge (PMBOK® Guide, Third Edition). This template provides suggestions designed to prompt the Project Manager and help in the creation of the Project Charter document. The information for the Project Charter is located on pages 81-86, of “A Guide to the Project Management Body of Knowledge” (PMBOK® Guide), Third Edition. Deleting the [....] text When the template is complete, the Project Charter document can be printed and approved. Prior to printing, you should delete all [....] prompt text (in italics and blue text). Saving the Project Charter document under its own name Save the Project Charter document by selecting the “SAVE-AS” command; this will avoid overwriting this template. Remember to specify your own Project Directory. Once your Project Charter document is completed check the document against the following Quality Criteria: • Is the level of authority of the Project Sponsor commensurate with the anticipated size, risk and cost of the project? • Is there sufficient detail to allow the appointment of an appropriate Project Manager? • Have the project budgets received preliminary review and approval from the executive management team? • Are all the known stakeholders identified? • Does the Project Charter describe the “project success criteria”? NOTE: Remember to delete this page of instructions from your final document. PROJECT...
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...and then viewing the document using your Web browser.To begin a Web page you will open a simple text editor like Windows NotePad for the Windows operating system or SimpleText for the Macintosh. Once you have this simple text editor open to a new blank document you will begin your web document by typing a few items I shall discuss in a moment. When you reach the closing part of this file I will ask you to save it to a floppy disk with a filename of firstpage.html. This is discussed below, in the section titled Saving the File. The method of opening the file using your Web browser is discussed in the section titled Open and View the File. Let's begin. The first thing you are to type in the text editor work area is a left angle bracket, < the letters HTML, and the right angle bracket, >. The symbols and letters should look like this: <HTML><HTML> is the opening for any HTML Web Page. HTML stands for HyperText Markup Language. By having coded the <HTML> the browser will know which language it is to handle. What is HTML? is an article containing additional information about HTML. A lot of information of your own preference is placed into a coded document. The term document refers to what is being coded and typed in the text editor. The term page refers to what the browser displays for the viewer or what you see in your browser window when your browser has opened your coded document. Try not to confuse the two terms. Think of the document as what is being coded...
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...Requirements | The entire document is double-spaced, from title page through references. | Margins are 1" on all sides and 12 pt Times New Roman font is required according to Ashford guidelines. | There are no bold, oversized, or decorative fonts used in the document. | "I", "we", "our" should only be used rarely in a research document. The writing needs to be objective and impersonal and in the third person unless otherwise stated in the assignment guidelines. It is also preferred that students not refer to themselves in the third person. | Numbers: * Always spell out a number in words if it begins a sentence. * Generally spell out the numbers one through ten in words. Use figures for numbers above ten unless they begin a sentence. | Title Page Requirements | The title page should be in the following order: * Title * Your name * Course * Instructor * Date Submitted | Please note that Ashford University APA guidelines require title pages to include the course instructor's name and date. This requirement is specific to Ashford and is not included in the APA publication guidelines as outlined in the APA Publication Manual (6th edition). | Running Header Requirements | All papers must include a Running Header. It needs to be left justified, and on the same line as the page number throughout the document. | The term "Running head: YOUR TITLE" appears on first page (Title Page) in the header. | The shortened title always appears in all capital...
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...[Type the document title] | [Pick the date] [Year] | [Type the abstract of the document here. The abstract is typically a short summary of the contents of the document. Type the abstract of the document here. The abstract is typically a short summary of the contents of the document.] | [Type the document subtitle] | Table of Contents Type chapter title (level 1)1 Type chapter title (level 2)2 Type chapter title (level 3)3 Type chapter title (level 1)4 Type chapter title (level 2)5 Type chapter title (level 3)6 Bibliography AMFI india. (2014). Retrieved May 2014, from AMFI: http://www.amfiindia.com Debashish, & SathyaSwaroop. (2009). Investigating Performance of Equity-based Mutual Fund Schemes in Indian Scenario. KCA Journal of Business Management . Desigan, e. a. (2006). Women Investors’ Perception towards Investment: An empirical Study. Indian Journal of Marketing . Ippolito, A. (1992). Consumer Reaction to Measure of Poor Quality: Evidence from the Mutual Fund Industry. Journal of Law and Economics . Jain, P., & Sondhi, H. (2011). Market Risk and Investment Performance of Equity Mutual Funds in India: Some Empirical Evidence. Finance India . Jayadev, M. (1996). Mutual Fund Performance: An Analysis of Monthly Returns. Finance India . Jha, B. K., & Singh, A. K. (2009). An empirical study on awareness & acceptability of mutual fund. Regional Student’s Conference, ICWAI. Money Control. (2014). Retrieved May 2014, from http://www.moneycontrol...
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...want to select. Cut/Copy/Paste Select a text, and the ‘Cut/Copy/Paste’ menu appears next to the text you selected. Choose ‘Paste’ on the menu after copying the selected text, and you can paste the selected text into the position where the cursor is. Font Formatting Click the ‘Properties’ icon in the Title bar after selecting text, and the Properties panel appears at the bottom of the screen. You can change the size, color, effect, font, background color, style, etc., of the text. Paragraph Formatting Click the ‘Properties’ icon in the Title bar after selecting text, and the Properties panel appears at the bottom of the screen. You can change the alignment, spacing, indentation, bullet points, etc., of the paragraph. Copying Formatting You can copy the formatting of fonts or paragraphs in the text and then apply it to another text. When selecting text, the Context menu appears next the text selected. Click ‘View more’ in the popup menu, and then choose ‘Copy Formatting.’ Select another text and then choose ‘Copy Formatting’ of ‘View more’ in the Context menu to paste the formatting into the chosen text. Inserting Shapes To insert a shape, first click the ‘Insert’ icon in the Title bar, and the Object items you can insert will appear. Choose ‘Shapes’ from the items to go to...
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