JAVA: Suppose we have a number of triangles and quadrilaterals in a 2-dimensional coordinate plane. we want to be able to easily determine the perimeter of each shape and move shapes around the coordinate plane. Download the Shape.java and Point.java from Moodle. - Shape.java is an interface contains getPerimeter() and move() abstract methods. - Point.java is a class object which provides getX(), getY(), distanceTo(Point p) and move() methods. Design two classes named Quadrilateral and Triangle that implement Shape interface to determine their perimeter of each shape and move shapes around the coordinate plane. Test your classes in a Driver class that use (1.0, 1.0), (1.0, 2.0), (2.0, 1.0) and (2.0, 2.0) as coordinates for Quadrilateral vertices and (1.0, 1.0), (1.0, 2.0), (2.0, 1.0) as coordinate for Triangle. Use methods from Point Object to calculate their perimeters and display their results. Use move method from Point Object to increment x coordinate by 1.0 and y coordinate by 2.0 for all vertices of both shapes. Calculate their perimeters and display their results.

SHAPE

import java.util.*;

public interface Shape {
public double getPerimeter();
public void move(double deltaX, double deltaY);
}

POINT

import java.util.*;


public class Point {
private double x;
private double y;
public Point(double x, double y) {
   this.x = x;
   this.y = y;
}
public double getX() {
   return x;
}

public double getY() {
return y;
}
public double distanceTo(Point p) {
   return Math.sqrt(Math.pow(this.getX() - p.getX(), 2) + Math.pow(this.getY() - p.getY(), 2));
}
public void move(double deltaX, double deltaY) {
x += deltaX;
y += deltaY;
}
}

I need to deep clone these 4 classes, using the cloneable interface. This is my code so far. Is it correct or do I need to make any changes?

class Record implements Cloneable {

private String CNAME;
private ArrayList<Subject> eCores;
private Major eMajor;
private ArrayList<Subject> eElectives;
private int totalCredit;
private Status status;
private ArrayList<Student> students;

@Override
protected Record clone() throws CloneNotSupportedException {
Record record = (Record) super.clone();
record.eMajor = (Major) eMajor.clone();
eCores = new ArrayList<>();
for (Subject s : eCores) {
Subject s1 = (Subject) s.clone();
record.eCores.add(s1);
}
eElectives = new ArrayList<>();
for (Subject ss : eElectives) {
Subject ss1 = (Subject) ss.clone();
record.eElectives.add(ss1);
}
return record;
}

public class Subject implements Cloneable {

private String subjectName;
private String subjectCode;
private int subjectCreditPoint;
private ArrayList<Student> studentList;

@Override
protected Subject clone() throws CloneNotSupportedException {
return (Subject) super.clone();
}

abstract class Student implements Cloneable, Enrollment {

private String studentName;
private String studentDOB;
private String studentSex;//Student Gender
private int studentNumber;
private ArrayList<Record> record;

@Override
protected Student clone() throws CloneNotSupportedException {
Student student = (Student) super.clone();
record = new ArrayList<>();
for (Record r : record) {
Record r1 = (Record) r.clone();
student.record.add(r1);
}
return student;

}

class Major implements Cloneable {

private String mName;
private ArrayList<Subject> mCores;
@Override
protected Major clone() throws CloneNotSupportedException {
Major major = (Major) super.clone();
mCores = new ArrayList<>();
for (Subject s : mCores) {
Subject s1 = (Subject) s.clone();
major.mCores.add(s1);
}
return major;
}

a) What is Asset Liability Management? Enumerate the roles and responsibilities of the various governance structures available to a bank with regard to its interest rate risk management. b) What is Interest Rate Risk? Mention and explain the various sources of interest rate risk in a typical banking book. c) A bank has the following balance sheet extract as at 31st March 2018. Using the table above, i) Calculate 1-year; (a) Rate Sensitive assets (RSAs) (b) Rate Sensitive Liabilities (RSLs) (c) 1-year re-pricing Gap of the bank ii) What is the gap ratio of the bank? iii) What is the impact of 2% increase in interest rate on the bank’s net interest income over 1-year period? iv) Suppose interest rate increase by 2.5% on assets and 2% on liabilities over the next 1-year. Calculate the cumulative impact on the 1-year Net Interest Income of the bank. Question 2 The Treasurer of Esabelle Company Ltd has forecasted that the company will have excess cash in the next 12 months and is therefore looking for a place to invest. As a treasury consultant advise the treasurer with regard to the following: a) The things to consider before investing b) The available Investment products on the Ghanaian financial market c) The various investment strategies he can adopt and considerations that should be made before adopting such strategies. Question 3 a) Explain what is meant by Bank Credit Creation and Cash Reserve Requirement b) Ansaba Bank Ltd received GHS 1m deposit from one of its trusted customers who had hidden the cash under his pillow since 1st July 2007 on 15 November 2017. The bank is required by law to keep 10 % of all its customer deposit with the Central Bank in a non-interest bearing current account. i) Calculate the maximum loan Ansaba Bank can grant with this loan if the bank does not keep any excess reserve ii) Suppose the number of banks in the economy is 5, how much loans can be created? What if the number of banks in the economy is infinite? iii) Explain two mechanisms the central bank can use to influence credit creation in the economy. iv) The Bank of Ghana’s Monetary Policy Committee (MPC) has reduced the Policy rate cumulatively by 300 basis points since the beginning of the year. Explain briefly the impact the reduction in the policy rate will have on the economy of Ghana. Question 4 a) The following extracts were taken from the Bank of Ghana websites as at 23rd June 2018: 91-Day Treasury Bill Rate-13.3251% Interbank Rate-16.23% Monetary Policy Rate-17% Using the above information and the new model, calculate the Ghana Reference Rate as at 23rd June 2018. The current Cash Reserve Requirement (CRR) is 10% and the industry agreed Cash in Vault (CIV) limit is 2%. b) The following extracts were taken from the balance sheet for the month ended 31st March 2018 for Bank XYZ which has been operating in Ghana for the past 20 years. Products Balances (GHS m) Customer Rate Personal Loans (Floating) 350 GRR + 5% Corporate Loans (Floating) 565 GRR+4% Time deposits(1yr maturity) 300 GRR-3% Savings 500 GRR-10% In addition the following data is available: 91-day Treasury bill rate is forecasted to reduce by 200bps over the next 1 year, whilst the Monetary Policy and the Interbank Overnight Rates are forecasted to decline by 300bps and 250bps respectively. i) State the various interest rates on the bank’s products. What is the Bank’s Net Interest margin? ii) Suppose the forecasted interest rates are true, calculate the impact on the bank’s net interest margin in the next 1 year. iii) Repeat (ii) assuming the bank is able to pass on only 50% and 75% of the rate change to its liability and assets customers respectively. iv) The bank’s internal funds transfer pricing to the Corporate Banking unit is 18.5%. At a management meeting held recently, the Corporate Director was not happy with the internal funding rate as he claims it is making pricing unprofitable. Do you agree with his complain? Explain your answer. a) What is Asset Liability Management? Enumerate the roles and responsibilities of the various governance structures available to a bank with regard to its interest rate risk management. b) What is Interest Rate Risk? Mention and explain the various sources of interest rate risk in a typical banking book. c) A bank has the following balance sheet extract as at 31st March 2018. Using the table above, i) Calculate 1-year; (a) Rate Sensitive assets (RSAs) (b) Rate Sensitive Liabilities (RSLs) (c) 1-year re-pricing Gap of the bank ii) What is the gap ratio of the bank? iii) What is the impact of 2% increase in interest rate on the bank’s net interest income over 1-year period? iv) Suppose interest rate increase by 2.5% on assets and 2% on liabilities over the next 1-year. Calculate the cumulative impact on the 1-year Net Interest Income of the bank. Question 2 The Treasurer of Esabelle Company Ltd has forecasted that the company will have excess cash in the next 12 months and is therefore looking for a place to invest. As a treasury consultant advise the treasurer with regard to the following: a) The things to consider before investing b) The available Investment products on the Ghanaian financial market c) The various investment strategies he can adopt and considerations that should be made before adopting such strategies. Question 3 a) Explain what is meant by Bank Credit Creation and Cash Reserve Requirement b) Ansaba Bank Ltd received GHS 1m deposit from one of its trusted customers who had hidden the cash under his pillow since 1st July 2007 on 15 November 2017. The bank is required by law to keep 10 % of all its customer deposit with the Central Bank in a non-interest bearing current account. i) Calculate the maximum loan Ansaba Bank can grant with this loan if the bank does not keep any excess reserve ii) Suppose the number of banks in the economy is 5, how much loans can be created? What if the number of banks in the economy is infinite? iii) Explain two mechanisms the central bank can use to influence credit creation in the economy. iv) The Bank of Ghana’s Monetary Policy Committee (MPC) has reduced the Policy rate cumulatively by 300 basis points since the beginning of the year. Explain briefly the impact the reduction in the policy rate will have on the economy of Ghana. Question 4 a) The following extracts were taken from the Bank of Ghana websites as at 23rd June 2018: 91-Day Treasury Bill Rate-13.3251% Interbank Rate-16.23% Monetary Policy Rate-17% Using the above information and the new model, calculate the Ghana Reference Rate as at 23rd June 2018. The current Cash Reserve Requirement (CRR) is 10% and the industry agreed Cash in Vault (CIV) limit is 2%. b) The following extracts were taken from the balance sheet for the month ended 31st March 2018 for Bank XYZ which has been operating in Ghana for the past 20 years. Products Balances (GHS m) Customer Rate Personal Loans (Floating) 350 GRR + 5% Corporate Loans (Floating) 565 GRR+4% Time deposits(1yr maturity) 300 GRR-3% Savings 500 GRR-10% In addition the following data is available: 91-day Treasury bill rate is forecasted to reduce by 200bps over the next 1 year, whilst the Monetary Policy and the Interbank Overnight Rates are forecasted to decline by 300bps and 250bps respectively. i) State the various interest rates on the bank’s products. What is the Bank’s Net Interest margin? ii) Suppose the forecasted interest rates are true, calculate the impact on the bank’s net interest margin in the next 1 year. iii) Repeat (ii) assuming the bank is able to pass on only 50% and 75% of the rate change to its liability and assets customers respectively. iv) The bank’s internal funds transfer pricing to the Corporate Banking unit is 18.5%. At a management meeting held recently, the Corporate Director was not happy with the internal funding rate as he claims it is making pricing unprofitable. Do you agree with his complain? Explain your answer.

Make a forecast for 2016 using a method of your choice (including a judgment forecast). Justify your method. (Round your answer to the nearest whole number.)

The two year moving average forecast for 2016 is _______.

On March 11, 20XX, the existing or current (spot) one-year, two-year, three-year, and four-year zero-coupon Treasury security rates were as follows:

₁R₁ = 2.23%, ₁R₂ = 2.55%, ₁R₃ = 2.79%, ₁R₄ = 2.90%

Using the unbiased expectations theory, calculate the one-year forward rates on zero-coupon Treasury bonds for years two, three, and four as of March 11, 20XX. (Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16))

Use the following cash flows to answer:

Year 0 = ($1,550); Year 1 = $850; Year 2 = $900. The firms WACC = 8%.

What is the Profitability Index (PI)?

The following transactions were completed by Winklevoss Inc., whose fiscal year is the calendar year:

Required:

1. Compute the index-number trend percentages for the accounts below in all years, using 2016 as the base period.

1. Sales revenue;
2. Gross profit;
3. Other operating expenses; and
4. Net income. .

2. For items (i) and (iv) in Part (a) above, analyze the trend, the observed results, and the likely reason(s) behind respectively.

The following transactions were completed by Winklevoss Inc., whose fiscal year is the calendar year:

Required:

1. Journalize the entries to record the foregoing transactions. Round all amounts to the nearest dollar. Refer to the Chart of Accounts for exact wording of account titles.

Year 1

PAGE 10

JOURNAL

ACCOUNTING EQUATION

Year 2

PAGE 10

JOURNAL

ACCOUNTING EQUATION

Year 3

PAGE 10

JOURNAL

ACCOUNTING EQUATION

2. Indicate the amount of the interest expense in (a) Year 1 and (b) Year 2.

3. Determine the carrying amount of the bonds as of December 31, Year 2.

The following transactions were completed by Winklevoss Inc., whose fiscal year is the calendar year:

Required:

1. Journalize the entries to record the foregoing transactions. Round all amounts to the nearest dollar. Refer to the Chart of Accounts for exact wording of account titles.

Year 1

PAGE 10

JOURNAL

ACCOUNTING EQUATION

Year 2

PAGE 10

JOURNAL

ACCOUNTING EQUATION

Year 3

PAGE 10

JOURNAL

ACCOUNTING EQUATION

2. Indicate the amount of the interest expense in (a) Year 1 and (b) Year 2.

3. Determine the carrying amount of the bonds as of December 31, Year 2.