. According to the UK Corporate Governance Code, explain how executive remuneration should be aligned to company purpose and values, and be clearly linked to the successful delivery of the Company’s long- term strategy?
In: Finance
Governments should be allowed to run up large amounts of government debt in tackling the COVID-19 crisis. Please use the example of UK to critically comment on this statement. (250 words)
In: Economics
In the US, UK and various European countries, nationalists have been railing against free trade and in particular economic integration. What are the economic and political arguments for regional economic integration?
In: Operations Management
Interest Rate Parity Formula tie the spot rate to the expected forward rate using the relationship between interest rates in two countries.
The spot rate equals .71 Pds/$
If the annual interest rate in USA is presently 3.0%
The annual interest rate in UK is presently 6.0%
What is the forward exchange rate consistent with IRP in 252 days? _____ Pds
Use the forward rate calculated in the problem above.
Calculate the % forward rate premium (or discount) for the UK (pounds)
Note: The currency whose forward exchange rate shows strengthening is at a premium.
_____ is the percent premium for US?
_____ is the percent premium for Pds?
Only pick one. Either US or Pds
In: Finance
Collect data on inflation and unemployment for the UK and the US during the 1970s and 1980s using OECD.stat. The 1980s was a period of significant disinflation for the two economies. Use the data gathered* and content of the chapter 4 of the textbook to answer the following questions:
a. Was the disinflation costly in terms of unemployment?
b. Does the data provide evidence that inflation expectations were being formed rationally during this period?
c. How can the concept of anchored expectations be used to suggest that the UK and US governments could have done to reduce the costs associated with disinflation.
(*) Plot the data with unemployment in the x-axis and inflation in the y-axis. Paste the charts at the beginning of your answer, and refer the analysis to them.
In: Economics
a.True or false. The Federal Insurance Office of the U.S. Treasury offers insurance companies the opportunity of an optional federal charter, which allows them to be regulated at the federal level rather than by multiple states.
b.A stock with a 5% dividend yield is priced at $100. If the projected growth rate of dividends is 3% (forever), what is the company’s cost of equity according to the dividend discount model?
c. Suppose the exchange rate with the United Kingdom is 25 dollars per UK pound, and that the US one year interest rate is 2% while the UK one year interest rate is 0.5%. What is the expected exchange rate in one year if interest parity holds?
In: Finance
Name the five major events that happened between 2001-2004 that affected the demand in the lodging industry. How did they affect demand?
In: Economics
Please simply complete the table below (populate the table with the USD cash flows for each account under each scenario). You may instead choose to insert a copy of an Excel generated table below – however, if you decide to use Excel, I require you to turn in an electronic copy of your spreadsheet (in addition to pasting the table into the quiz). Failure to do both (paste table into quiz and turn in spreadsheet) will constitute an incomplete answer. (30 points).
|
USD ($) |
Pounds (£) |
|
|
Sales |
400 |
325 |
|
Cost of Materials |
240 |
150 |
|
Operating Expenses |
100 |
50 |
|
Interest Expense |
200 |
--- |
|
Cash Flow |
??? |
??? |
|
Direct Exchange Rate |
$1.20 |
$1.25 |
$1.30 |
|
Sales |
|||
|
US Sales |
|||
|
UK Sales (in USD) |
|||
|
Total Sales |
|||
|
Cost of Materials |
|||
|
US Cost of Materials |
|||
|
UK Cost of Materials (in USD) |
|||
|
Total Cost of Materials |
|||
|
Operating Expenses |
|||
|
US Operating Expense |
|||
|
UK Operating Expense (in USD) |
|||
|
Total Operating Expense |
|||
|
Interest Expenses |
|||
|
US Interest Expense |
|||
|
UK Interest Expense (in USD) |
----- |
----- |
----- |
|
Total Interest Expense |
|||
|
Total Cash Flow (in USD) |
In: Finance
Case Problem 12.1:
The Reverend Mark Thomas is the minister of a church in the San
Diego area. He is married, has one young child, and earns a “modest
income.” Because religious organizations are not notorious for
their generous retirement programs, the reverend has decided he
should do some investing on his own. He would like to set up a
program that enables him to supplement the church’s retirement
program and at the same time provide some funds for his child’s
college education (which is still some 12 years away). He is not
out to break any investment records but wants some backup to
provide for the long-run needs of his family.
Although he has a modest income, Mark Thomas believes that with
careful planning, he can probably invest about $250 a quarter (and,
with luck, increase this amount over time). He currently has about
$15,000 in a savings account that he would be willing to use to
begin this program. In view of his investment objectives, he is not
interested in taking a lot of risk. Because his knowledge of
investments extends to savings accounts, Series EE savings bonds,
and a little bit about mutual funds, he approaches you for some
investment advice.
a. In light of Mark’s long-term investment goals, do you think mutual funds are an appropriate investment vehicle for him?
b. Do you think he should use his $15,000 savings to start a mutual fund investment program?
c. What type of mutual fund investment program would you set up for the reverend? Include in your answer some discussion of the types of funds you would consider, the investment objectives you would set, and any investment services (e.g., withdrawal plans) you would seek. Would taxes be an important consideration in your investment advice? Explain.
PLEASE ANSWER THE QUESTION WITH A TEXT RESPONSE NOT WITH A PHOTO UPLOAD!
In: Finance
Listed below is the number of movie tickets sold at the Library Cinema-Complex, in thousands, for the period from 2004 to 2016. Compute a five-year weighted moving average using weights of 0.1, 0.1, 0.2, 0.3, and 0.3, respectively. Describe the trend in yield. (Round your answers to 3 decimal places.)
| 2004 | 8.61 | |
| 2005 | 8.14 | |
| 2006 | 7.67 | |
| 2007 | 6.59 | |
| 2008 | 7.37 | |
| 2009 | 6.88 | |
| 2010 | 6.71 | |
| 2011 | 6.61 | |
| 2012 | 5.58 | |
| 2013 | 5.87 | |
| 2014 | 5.94 | |
| 2015 | 5.49 | |
| 2016 | 5.43 | |
The weighted moving averages are:
In: Statistics and Probability