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hodyreva [135]
2 years ago
5

Assume that you have entered into a swap agreement for a notional of 100M USD under which every 6 months you agree to pay LIBOR

and receive 4% fixed. On the date you signed the contract LIBOR is 3%. Six months later LIBOR is 3.5%. Your actual payment net of what you receive at the first payment date equals to (- sign means you receive):____.
A) 0 USD.
B) -0.5 USD.
C) 0.5 USD.
D) -0.25 USD.
Business
1 answer:
hodyreva [135]2 years ago
4 0

Answer:

C) 0.5 USD

Explanation:

Swap is an arrangement in which two parties exchange their interest rates for mutual benefit. One party may receive fixed rate and other will receive floating rate based on LIBOR. In the given scenario the swap agreement was originated when the LIBIOR was 3%. The fixed rate was set to be at 4% so the net gain at the time of inception was 1%. When LIBOR increased after six month the net gain declined to only 0.5%.

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Shanice is a new project manager working with a preexisting team that has resisted many of the new policies she has put into pla
motikmotik

Answer: Shanice is conving the team that their behavior will harm the company since it will disturb Research and Development projects, specially concerning time and energy management. By taking this step, <u>in a non-aggressive way she is demanding that the team takes new attitudes towards their jobs and the project itself.</u>

5 0
3 years ago
Bartosiewicz Clinic uses client-visits as its measure of activity. During January, the clinic budgeted for 3,100 client-visits,
Degger [83]

Answer:

$354 Favorable

Explanation:

Net Operating Income in Planned budget = Revenue - Total Expense

Net Operating Income in Planned budget = (3,100*$35.10) - (3,100*$17.40 + $44,400)

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Net Operating Income in Flexible budget = Revenue - Total Expense

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Activity variance for net operating income = $354 Favorable

7 0
3 years ago
Sarah recently bought a bicycle. After a few days of cycling, she realized that she needed a basket on the bicycle to keep her b
Sloan [31]

Answer:

Functional need

Explanation:

Functional need -

It refers to the needs of the human being , which are important for the survival , is referred to as functional need .

These are basic requirements which are important for the day to day activities  of the people .

Hence , from the scenario of the question,

Sarah bought a cycle , but as soon as she realized that basket is important for keeping her bag and other item .

Hence, the need of basket is the functional need .

3 0
3 years ago
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Luda [366]

Answer:

True.

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It is necessary that the letter is written using a formal vocabulary, with clear and precise information, in the appropriate format, containing date, information about your professional profile, about the company and a final greeting.

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3 years ago
Lawrence got a car loan from a bank, with the car as collateral. What kind of loan did he get?
Vinvika [58]
A. a secured loan.....
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