the difference between basis & basis point?
Basis = S(t) – F(f, T)
1 Basis Point = 0.01% = 0.0001
A one-basis movement changes the value of a one month $1million borrowing by
$1,000,000 × 0.00001 × 30 ÷ 360 = $8.33
also changes the value ofthe $1million futures contract by
$1,000,000 × 0.00001 × 90 ÷ 360 = $25
A CrossHedge
Futures Contract Selected
: June Euro D
II. What Are Credit Derivatives?
Derivatives are defined as the exchange or contract which has economic values deriving from the reference assets or index. According to their types, there are overall forward, future, option, and swap. Derivatives are the financial derivatives, which are enabled to trade in the market while consisting of separating the credit risk only to the holder ofbasic p
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This report is divided into two parts, the first half; we will talk about the Japanese market as a whole cultural risk, country risk, and currency risk. And in the later half; we will analysis the cosmetics market in Japan, and describe our company’s market strategy. After that, we will predict future prospects of our company.
About GM
General Motors Company (NYSE:GM, TSX: GMM), one ofthe world’s largest automakers, traces its roots back to 1908. With its global headquarters in Detroit, GM employs 209,000 people in every major region ofthe world and does business in more than 120 countries. GM and its strategic partners produce cars and trucks in 31 countries, and sell and service these vehicles through the follow
1. Introduction ofthe project
1) Purpose of project
Through the project, we want to build extensive knowledge about cruise industry and accounting analysis (common size analysis, comparative analysis, and ratio analysis). We believe that the project makes us accounting experts.
Cruise Industry has grown and continues to grow enormously in scale. It is frequently regarded as a small but sig