Dividend policy                                                                                

a. Define the information content effect of a dividend, and discuss whether or not it conveys information about a firm’s dividend policy.                                                                                

b. Define the clientele effect of dividend policy, and discuss whether or not it conveys information about a firm’s market value.                                                                                          

Russia’s Alternative Currency Bonds.

On March 17, 2018, the Russian Federation issued USD 4bn in eurobonds (what are they?) with an unusual provision. The issuer reserves the right pay bondholders principal and interest in EUR, GBP, or CHF should the Russian Federation be unable to make payment in USD for “for reasons beyond its control..”

Working for the chief investment officer (CInvO) of NoNaCaPa (No-Name Capital Partners), a prominent hedge fund, you are analyzing the bonds to determine what their risk and rewards are.    Your company is USD based but not averse to taking on foreign currency risk to enhance a position’s return potential. Your starting point is the attached Financial Times article which you supplement by your own research. In particular, you wonder about the alternative-currency clause in the indenture (debt contract) and how it might affect the investment performance of the bonds.

(a) Research dual- or multiple-currency debt securities which are typically issued in the eurobond market.

• What do they consist of?   How can you unbundle the bonds into its constituent parts?

• What are eurobonds?

(b) In comparison to multiple curency bonds, what does the alternative currency payment provision effectively amount to?

(c) What motivates the alternative currency payment provision and how does it affect the pricing of the bonds?

(d) What risk factors do investors face?   Present the risks in tabular form distinguishing between financial from nonfinancial risks which obviously translate into financial risks at a later stage. Identify each risk’s origin and nature,who bears it, its impact on bond pricing, and whether and how investors can hedge or not against it.

(e) What investment recommendation would you give to your CInvO? Explain your advice and motivate your investment thesis, i.e., the rationale why or why not you should participate in the transaction.

Cornerstone Exercise 4.5 (Algorithmic)

Activity-Based Product Costing

Roberts Company produces two weed eaters: basic and advanced. The company has four activities: machining, engineering, receiving, and inspection. Information on these activities and their drivers is given below.

Required:

1. Calculate the four activity rates.

2. Calculate the unit costs using activity rates. Round your answers to the nearest cent.

Calculate the overhead cost per unit. Round your answers to the nearest cent.

3. What if consumption ratios instead of activity rates were used to assigned costs? Show the cost assignment for the inspection activity.

What is the global significance of Wall street or stock market in U.S and why is it important? Also, what are global implications if say the market were to crash or go down? Give a thorough explanation please..

Suggest a way to fund the business. Recommend how to attract equity investors. Please provide reference

Give recommendation 10 strategies to risks management in Islamic financing?

Go to the Internet and find the following ratios for McDonald Corporation (MCD). Give the source of your information.

Under what circumstances might multinational firms be less subject to exchange risk than purely domestic firms in the same industry?

1. Explain the importance of the Financial Sector in Mauritius?
2. Developments of the Financial System In Mauritius
3. Performance of the Financial System in Mauritius?

NEED ANSWER ASAP / ANSWER NEVER USED BEFORE

some considerations should be taken into account when doing capital budgeting: incremental earnings, interest expenses, taxes, opportunity costs, externalities, sunk costs, cannibalization or erosion, depreciation, salvage value, and others. explain in detail what defines capital budgeting. Then explain how two of the considerations above affect capital budgeting.

ANSWER THROUGHLY 1-2 pages

COPY AND PASTE NOT ATTACHMENT PLEASE

NEEDS TO BE AN ORIGINAL SOURCE ANSWER NEVER USED BEFORE

*****NEEDS TO BE A ORIGINAL SOURCE****

What are the four types of members of the New York Stock Exchange, or NYSE?

Given the information below for HooYah! Corporation, compute the expected share price at the end of 2017 using price ratio analysis. Assume that the historical average growth rates will remain the same for 2017. (Do not round intermediate calculations. Round your answers to 2 decimal places. Exclude negative annual P/E and P/CFPS ratios from the average P/E and average P/CFPS ratio calculations. When computing annual growth rates, use a positive sign on the annual rate of change if the per share value increased in value and use a negative sign on the annual rate of change if the per share value deceased in value.)

Share price using:
P/E ratio:

P/CF ratio:

P/S ratio:

After reading your report, as well as comments by others on the team, the Genesis Energy team began to understand the importance of cash flow and financing in high-growth scenarios. The Genesis Energy accountant suggested that the focus should be on developing a financial strategy that would ensure operational needs are met through short-term financing. The Genesis Energy team instructed Sensible Essentials to explain in basic terms the factors and mechanics necessary to determine short-term financing needs.

As the finance expert for Sensible Essentials, do the following:

Explain the concept of working capital and its importance to Genesis Energy.

Describe the mechanism and methodology used to ensure that operational needs are met through short-term financing. Explain why this methodology is important to Genesis Energy.

Explain how working capital represents the assets that are needed to carry out the day-to-day operation and how working capital can act as a source of financing or increase the need for financing.

In your response, be sure to consider the time value of money and the relative advantages and disadvantages of short-term loans versus internally generated funds.

Write your initial response in 300–500 words.