当前位置:天才代写 > 经济学代写 > 商业投资代写 ECOM049代写

商业投资代写 ECOM049代写

2022-09-24 11:36 星期六 所属: 经济学代写 浏览:69

ECOM049 Commercial & Investment Banking

Duration: 3 hours

 

商业投资代写 THIS IS AN OPEN BOOK EXAMINATION TO BE CONDUCTED ONLINE. YOU MAY REFER TO ANY OF THE COURSE MATERIALS, OR ANY OTHER SOURCE OF INFORMATION. YOU MAY 

THIS IS AN OPEN BOOK EXAMINATION TO BE CONDUCTED ONLINE. YOU MAY REFER TO ANY OF THE COURSE MATERIALS, OR ANY OTHER SOURCE OF INFORMATION. YOU MAY ALSO USE A SPREADSHEET OR CALCULATOR.

YOU CANNOT SUBMIT HANDWRITTEN ANSWERS

PLEASE ENSURE THAT YOUR WORKING IS CLEARLY SHOWN WITH ALL STEPS OF YOUR CALCULATION INCLUDED IN YOUR ANSWER DOCUMENT, INCLUDING ANY FORMULA USED.

 

When writing formulas, please note the following:  商业投资代写

  • It is acceptable to use the standard alphabet rather than greek letters. The following are recommended: m for μ, s for σ, w for ω, r for ρ, d for Δ, b for β.
  • For mathematical operators: add +, subtract -, multiply *, and divide /.
  • Where appropriate, use an underscore to indicate a subscript, Eg r_f for rf.
  • Use the ^ character for power, eg x^2 for x², x^0.5 for √x.
  • As an alternative to x^.5 you may type sqrt(x).
  • Use brackets as necessary. To make your answer clearer use different brackets where appropriate, eg [] {} ().

 


Question 1.

Assume that a depository institution (DI) holds among its assets a £25 million in cash reserves with another bank, £20 million in T-notes and £50 million in mortgage loans. If the assets need to be liquidated at short notice, the DI will receive only 99 per cent of the fair market value of the T-notes and 90 per cent of the fair market value of the mortgage loans. Calculate the liquidity index for these securities. [5 marks]

 

Question 2.   商业投资代写

Assume that a financial institution (FI) has issued a one-year loan commitment of £2.5 million for an upfront fee of 25 basis points. The back-end fee on the unused portion of the commitment is 10 basis points. The FI requires a compensating balance of 5 per cent as demand deposits. The FI’s cost of funds is 6 per cent, the interest rate on the loan is 10 per cent, and the reserve requirements on demand deposits are 8 per cent. The customer is expected to draw down 80 per cent of the commitment at the beginning of the year. Calculate the expected return on the loan without taking future values into consideration. [5 marks]

 

Question 3.

Work again with the same financial institution in Question 2. above. Now calculate the expected return using future values. [5 marks]

 

 

Question 4.   商业投资代写

Work again with the same financial institution in Question 2. above. Calculate again the expected return using future values but now assuming that the reserve requirements on demand deposits are equal to zero. [5 marks]

 

Question 5.

Work again with the same financial institution in Question 2. above. Calculate again the expected return using future values but now assuming that the compensating balances are paid a nominal interest rate of 5 per cent. [5 marks]

 

Question 6.

Work again with the same financial institution in Question 2. above. Calculate again the expected return using future values but with the compensating balance placed in certificates of deposit that have an interest rate of 5.5 per cent and no reserve requirements, rather than in demand deposits. [5 marks]

 

Question 7.   商业投资代写

A bank has issued a one-year loan commitment of £11 million for an upfront fee of 50 basis points. The back-end fee on the unused portion of the commitment is 20 basis points. The bank requires a compensating balance of 10 per cent to be placed in demand deposits, has a cost of funds of 7 per cent, will charge an interest rate on the loan of 9 per cent, and must maintain reserve requirements on demand deposits of 10 per cent. The customer is expected to draw down 60 per cent of the commitment at the beginning of the year. Calculate the expected return on this loan [5 marks]

 

Question 8.    商业投资代写

Work again with the same bank in Question 7. above. Calculate the expected annual return on the loan if the drawdown on the commitment does not occur until the end of six months. [5 marks]

 

Question 9.

Discuss the two main reasons liquidity risk may develop and the advantages and disadvantages of the two main ways a depository institution may attempt to offset its effects. [20 marks]

 

Question 10.

Explain the factors influenced the off-balance-sheet activities growth prior to the 2008/9 financial crisis and their decrease afterwards. Discuss also the reasons that although off-balance-sheet activities expose a financial institution to several forms of risks, they may lessen them as well. [20 marks]

 

Question 11.

Define the differences between CET1, Tier I, and Tier II capital as being used by Basel III and discuss its major features in relation to capital requirements. [20 marks]

商业投资代写
商业投资代写

 

更多代写:代码代写招聘  托福代考被抓   英国Management作业代做   math论文范文  Marketing论文代写  软件工程简历代写

合作平台:essay代写 论文代写 写手招聘 英国留学生代写

 

天才代写-代写联系方式