How does an interest rate swap work? In particular, what is the notional principal?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (11 reviews)
An interest rate swap is an agreement between counterparties that allows an MNC to cha...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
International Financial Management
ISBN: 978-0132162760
2nd edition
Authors: Geert Bekaert, Robert J. Hodrick
Question Posted:
Students also viewed these Banking questions
-
How can one use an interest rate swap to change a fixed rate loan into a floating rate loan?
-
An interest rate swap has two primary risks associated with it. Identify and explain each risk?
-
What are the benefits of an interest rate swap agreement and how does it work?
-
What is Norway's global health issues and how can they be combated? explain
-
During the 2013 tax year, Brian, a single taxpayer, received $6,000 in Social Security benefits. His adjusted gross income for the year was $18,000 (not including the Social Security benefits) and he...
-
In 2021, Long Construction Corporation began construction work under a three-year contract. The contract price is $1,600,000. Long recognizes revenue over time according to percentage of completion...
-
Lecimore Company has a centralized purchasing department managed by Tawanda Mason. Tawanda has established policies and procedures to guide the cleri cal staff and purchasing agents in daily...
-
How could you take the advantage away from the other player in the ultimatum game?
-
You have gathered the following information on Syngenta Plc. The company plans to pay a dividend of 0.755 next year and expects dividends to grow at 1.5%. There are 4 million shares outstanding...
-
If a force P = 100 N is applied to the lever arm of the toggle press, determine the clamping force developed in the block when ? = 45?. Neglect the weight of the block. -200 mm B. 200 mm 500 mm-
-
On April 28, 1995, the Paine Webber Group introduced a new type of security on the NYSE: U.S. dollar increase warrants on the yen. At exercise, each warrant entitled the holder to an amount of U.S....
-
What is a currency swap? Describe the structure of and rationale for its cash flows.
-
Why is the demand curve for a firm in monopolistic competition downward sloping?
-
In the text we suggested that you should look broadly at figures in the financial statements before you calculated individual ratios. Explain in your own words why we took this view giving examples...
-
For each of the following statements indicate whether the statement is true or false. a. The procedures for a compilation of financial statements include inquiries concerning a company's accounting...
-
The auditing standards used to guide the conduct of the audit are a. Implicitly referred to in the opening paragraph of the auditor's standard report. b. Explicitly referred to in the opening...
-
The following statements refer to the standard auditor's report. List the numbers of the statements that are not appropriate in the currently used report. 1. We have examined the balance sheet. . . ....
-
In Newtown there are three small firms of qualified accountants and registered auditors who, between them, have most of the large businesses, farmers and landowners and other service providers as...
-
Economist Edward Prescott observed that while Americans worked 5 percent fewer hours per week than the French in the 1970s, they worked 50 percent more hours per week in the early 2000s. He found...
-
Find the velocity, acceleration, and speed of a particle with the given position function. r(t) = (t 2 , sin t - t cos t, cos t + t sin t), t > 0
-
Yoshi Company completed the following transactions and events involving its delivery trucks. Required Prepare journal entries to record these transactions and events. Year 1 Jan. 1 Paid $20,515 cash...
-
Dorchester, Ltd. is an old-line confectioner specializing in high-quality chocolates. Through its facilities in the United Kingdom, Dorchester manufactures candies that it sells throughout Western...
-
Dorchester, Ltd. is an old-line confectioner specializing in high-quality chocolates. Through its facilities in the United Kingdom, Dorchester manufactures candies that it sells throughout Western...
-
The Strik-it-Rich Gold Mining Company is contemplating expanding its operations. To do so it will need to purchase land that its geologists believe is rich in gold. Strikit- Rich's management...
-
An annuity is payable for 20 years. The amount of the annuity in the t th year is t 2. On the basis of an effective rate of interest of 5% per annum, find the present value of the annuity, assuming...
-
If a product has utilization of 50 in Period 0 and a slope of 10 each subsequent period, what is the expected forecasted value in Period 2?
-
A cross - cultural perspective of organizational change would recognize that change is seen as cyclical in many cultures changes are always planned occurrences change always has a beginning and end...
Study smarter with the SolutionInn App