Dr. Edey wrote: “I am often asked why Australia was able to come through the GFC relatively unscathed. Unlike the US, the UK and the euro area, Australia didn't have a recession and we didn't have any bank failures. My usual response is that it was a mixture of good luck and good management.”
Explain what he means by “a mixture of good luck and good management,” making specific reference to both ad-hoc measures during the GFC and the general approach to financial stability. (max 400 words)
In: Finance
Student debt has significantly increased over the last few years and it has become a major national debate in countries like the US, Canada and UK. I
1- Give a brief overview of the student debt in Canada.
2- What is the impact of student loans on: students (before college, during college and after college); the economy ; the society at large
3- What are some policies that Canada and other nations have implemented to mitigate student debt? What policies have been effective and why?
In: Economics
Please show how answer is derived. Assume the information below to answer the following questions:
| (1) If you use covered interest arbitrage for a 90-day investment, what will be the amount of US dollars you will have after 90 days? |
| (2) What is the percentage gain or loss on an annual basis? |
| Amount of investment | $5,000,000 |
| Current spot rate of pound | 1.28 |
| 90-day forward rate of pound | 1.25 |
| 3-month deposit rate in US | 2% |
| 3-month deposit rate in UK |
3% |
In: Finance
Answer this in as much detail as possible.
Just say in USA the government decided to have universal healthcare for all. They did this by funding the entire cost of healthcare and health insurance in a universal healthcare system similar to the NHS of England. Discuss the role of federal, state, and local governments (is the government providing it or are they just regulating)? Also discuss about the role of insurance companies (are they going to exist as 3rd party payer or not have a impact at all)? Discuss the role of employers if US implemented a UK NHS healthcare system that gave everyone universal healthcare?
In: Nursing
ABC Corp. has $964,113 cash to invest in the foreign exchange market for a year. The following quotes were obtained from the bank:
Current spot ask rate of the pound is $1.2199/£ and the 360-day forward rate of the pound is $1.169/£. The 1-year period interest rate in the US is 2.42% and the 1-year period interest rate in the UK is 2.34%.
Is there an arbitrage opportunity? If so, calculate the arbitrage profit (in dollars) and write your answer in the answer box. If there is no arbitrage opportunity then write "0.00" in the answer box.
In: Finance
Shane is an Australian resident for tax purposes. During the year he derived gross business income of $152,200 and had business deductions of $87,000 (PAYG installments paid $15,100), $8600 interest from an overseas bank account, net of $3400 tax, and rent of $18,000 from a property in the UK which he owns, net of $6500 tax. He has adequate private health insurance.
Required:
For the year ended 30 June 2020, calculate Shane's:
a) Taxable Income
b) Net Tax Payable of refundable
In: Accounting
Company: Markes and Spencer
Question: Evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organisation.
Guidlines
Choose any UK based national and discuss a competition policy (Competition Act 1998) and how it is constrained by competition policies e.g. regarding monopolies, by regulations and by authorities (Competition Commission, Office of Fair Trading; Directorate General for Competition); European Commission); sector regulators e.g. Ofgem, Ofwat, Civil Aviation Authority; Companies Acts; regional policy; industrial policy; training and skills policy
In: Operations Management
Suppose you have been hired as a security consultant in a large organisation ABC.org, which has offices in three different countries: New Zealand, the USA, and the UK. This organisation wishes to use a VPN (Virtual Private Network) for internal employees. This organisation has decided to use IPSec-powered VPN. This organisation also uses NAT (Network Address Translation) and multiple network firewalls.
Question:
Please explain how the IPSec gateway, NAT router, and personal firewall must be arranged to provide efficient and effective functioning of the organisation.
In: Computer Science
A stock's current price on the London Stock Exchange is £8. There are two possible prices at the end of the year: £11 or £8. A call option to buy one share at £10 at the end of the year sells at £2. Suppose that you are told that a riskless portfolio can be created by selling 3 call options, buying 2 stocks today and borrowing £10 today.
(a) What is the risk free interest rate?
(b) Is the interest rate realistic in the UK? What values in the introduction of the question could explain such an interest rate?
In: Finance
Suppose today two-year US treasury bill is 2.15% and the two-year UK treasury bill is 1.0%. Further suppose today spot exchange rate is USD 1.25 per Euro and you know you will receive one million euro exactly two years from now and you will have to exchange those Euros in USD at that time. Can you engineer a guaranteed exchange rate at which you will be able to exchange the Euros for USD two years from now? Explain the arrangements.
In: Finance