Why a Harvard Professor Has Mixed Feelings When Students Take Jobs in Finance This is a bittersweet time on campus. Seniors are beginning to find jobs, and while their enthusiasm is infectious, some of their choices give me pause. Many of the best students are not going to research cancer, teach and inspire the next generation, or embark on careers in public service. Instead, large numbers are becoming traders, brokers and bankers. At Harvard in 2014, nearly one in five students who took a job
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Taobao Angela Mae Jean Sy 12210690780 November 17, 2012 1. What was Alibaba’s motivation for diversifying into the consumer business with the launch of Taobao? Does this make sense? Jack Ma was alarmed at eBay’s entry into the online selling market, fearing that it would soon encroach on Alibaba’s existing B2B success. Ma knew that once eBay had a firm hold on their individual consumers and sellers, it would be easy for them to transition into a bigger, SME-targeted type of e-commerce. Given
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adjust or indicate the market interest rates with the banks in NZ. Generally, the market interest rates are set or held around at the RBNZ’S OCR level. For example, if the OCR is set higher than before, then the market interest rates for savers is going to increase as well. As a result, people in NZ will tend to spend less for goods and services and place more deposits with the Banks in NZ. On the contrary, people in NZ for loans or mortgages are inclined to borrow less money from Banks. It is because
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B/ The problem of NPLs in Vietnamese bank: I/The Definition of Non-Performing Loans (NPLs): Based on IMF: A loan is non performing when payments of interest and principal are past due by 90 days or more, or at least 90 days of interest payments have been capitalized, refinanced or delayed by agreement, or payments are less than 90 days overdue, but there are other good reasons to doubt that payments will be made in full. Based on the SBVDecision 493/2005/QD-NHNN dated 22 Apr 2005: NOL are
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economy can produce and we need more cash to buy the same amount of goods as before and the value of money falls, so they have to compete in order to purchase limited amounts of products and services. Generally, the demand-pulled inflation result from any factor that increases aggregate demand. Also, an increase in export and two factors controlled by the government are increases in the quantity of money and increases in government purchases
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Institute of International Business | | Table of Contents History of the yellow metal 2 Why it is attractive? 3 Portfolio diversifier 4 Inflation hedge 4 Investment risks in Gold 5 Risk with physical gold 5 Political Risks 5 Market Risks 5 Exchange rate risks 5 Demand/Supply side risks 5 Outlook 6 References 7 History of the yellow metal Gold has always been used as a medium of exchange for goods since ancient times and has not suffered devaluation in the same
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breakdown – income breakdown is the first section in a cash flow forecast where the incoming money is recorded and this includes; sales revenue – it is the money received from the sale of goods or services by the business, capital – it is an extra funds that have been put into the business by the owners, sale of shares – the amount received from selling the shares will appear within this section, loans – it is the money that has been borrowed from external sources, and sale of fixed assets – it is
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regarding its acceptance among the people in the market, and the reliability factor. In the following paper, we have discussed the different types of virtual currencies based on their exchange factor. Bitcoins, a type 3 virtual currency is one of the most popular crypto currencies. We have discussed the characteristics and the process of transacting Bitcoins in detail, emphasizing on the pros and cons of its usage. We have also compared it with the ‘fiat’ money and mentioned its legal aspects. In the end
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government. Then there is a central regulatory agency responsible for the issue. The accepted characteristics of present day use money are included a store of value, a unit of account, and a medium of exchange. However, the supplies of currencies are governed and authorized by the central bank on behalf of the government. However, after the mortgage crisis in 2008 the money supply increased sharply therefore the confidence in the government issued currency declined among the people. At this point
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3. A customer has approached your commercial bank seeking to invest funds for a period of six months. The customer is particularly worried about risk following the GFC and the market volatility that continues to characterise world financial markets. Explain the features of call deposits, term deposits and CDs to the customer and provide advice on risk-reward trade-offs that might be associated with each product. Answer Call deposits or demand deposits are funds held in a savings account
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