FDRM Project On 9/17/2014 Estimation of NIFTY Spot Price Using Put-Call Parity Under the guidance of Professor Rajiv Srivastava Submitted by: Abhay Sharma (1A) Ayush Gupta (9C) Sachin Gupta (38A) Shikhar Mathur (45A) Table of Contents 1. 2. 3. 4. 5. 6. Executive Summary………….………………………..……………………………….………………..2 Introduction ……………………..………………………………………………………………….……..3 1.1 Why Derivative Markets…………………………….………………………………………………….……..3 1.2 Derivative Markets…………………………………………………………………………………………
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Contents Preface .................................................................................................................................. 2 2. MEDOC VERSION 1.0 .................................................................................................... 4 2.1 Introduction ................................................................................................................. 4 2.2 Outline.................................................................................
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fees to the external auditor AA. This incentive causes AA to treat WM as valuable client and agree to compromise with the company to commit fraud. The other factor is the strong interest of the management in employing inappropriate means to meet predetermined earnings target. Since the company’s revenue was not growing fast enough to meet those targets, the company management fraudulently manipulated the expenses to inflate earnings. Moreover, the company’s financial performance is threatened by a high
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Letter to Shareholders Dear Stockholders, As we close the books on our second year in operation we are committed to the growth and innovation of our products. As a growing company we will continue to focus on expansion while controlling costs and increasing value to our stockholders. This year we enjoyed a growth in earnings per share of common stock, the value grew to $4.10, a 16.6% increase from 2005. As our economy continues to rebound we are confident that Rainbow Paint Company
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Arbitraging innovations – in these agents exploit arbitrage opportunities either within or between different markets, often to take advantage of loopholes in the regulatory of tax framework. Pricing innovations – these seek to reduce the cost of achieving a specific investment objective. Marketing innovations – in addition to innovative financial instruments, financial markets are also adept at finding innovative methods of selling and
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of the following is a responsibility center that incurs expenses, generates revenues, and is responsible for generating a return on assets? a. Cost center b. Revenue center c. Profit center d. Investment center ____ 2. Which one of the following is the most useful measure for evaluating a manager's performance in controlling revenues and costs in a profit center? a. Contribution margin b. Contribution net income c. Contribution gross profit d.
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(Berkeley University of California, 2003). It is all a matter of perspective. However, with this said, it is crucial that we concede upon the inevitable when it comes to documentary viewing: the complete picture is always obscured. Andrew Morgan’s The True Cost does not escape this reality. Like it or not, all documentaries are, and always will remain, versions of the truth. But this has not stopped the
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Background Information: MTV (short for Music Television), which pioneered the concept of a cable music channel, was launched on August 1 1981. At the time of its launch, the MTV channel primarily catered to those in the 12 to 24 age group, airing heavy metal and rap music, although it expanded into several different niche markets through the establishment of alternative channels, such as VH1 and Nickelodeon, in conjunction with airing reality TV shows. In 1986, MTV was acquired by Viacom inc. and
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Each MIS is an integrated collection of subsystems, which are typically organized along functional lines within an organization. Thus, a financial MIS includes subsystems that address financial reporting, profit and loss analysis, cost analysis, and the use and management of funds. The architecture of an MIS is shown below. Sources of Management Information • Management information systems is one of the systems that
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and risk tolerance. All option contracts traded on U.S. securities exchanges are issued, guaranteed and cleared by OCC. OCC is a registered clearing corporation with the Securities and Exchange Commission (SEC) and has received a ‘AAA’ rating from Standard & Poor’s Corporation. The ‘AAA’ rating relates to OCC’s ability to fulfill its obligations as counterparty for options trades. OCC is
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