Ali Company and Bill Company entered into a semi-annual pay plain vanilla interest rate swap with a nominal value of $8,000,000. Bill offered to pay Ali a fixed annual rate of 2.75% (with semi-annual compounding). The remaining life of the swap is nine months. Assume the six-month LIBOR rate observed three months ago was 2.6% with semi-annual compounding. Today's three and nine month LIBOR rates are 2.526% and 2.846% (with continuous compounding). The implied forward rate is 3.0287% with semi-annual compounding. What is the value of the swap to Bill Company using the FRA methodology? Do not round intermediate calculations.
A.$4,950
B.$2,009
C.-$1,407
D.$5,613
Ali Company and Bill Company entered into a semi-annual pay plain vanilla interest rate swap with a nominal value of $8,000,000. Bill offered to pay Ali a fixed annual rate of 2.75% (with semi-annual compounding). The remaining life of the swap is nine months. Assume the six-month LIBOR rate observed three months ago was 2.6% with semi-annual compounding. Today's three and nine month LIBOR rates are 2.526% and 2.846% (with continuous compounding). The implied forward rate is 3.0287% with semi-annual compounding. What is the present value of the net cash flow (or payoff) at nine months point to Bill Company?
A.$4,556
B.$4,913
C.$8,904
D.$10,913
Question 11 (1 point) Mediation is not usually used in criminal cases because O most crimes are never solved. O few criminals are willing to sit down and face victims. the state has an obligation to uphold the law rather than resolve the issue. O judges are concerned about losing their jobs if mediation becomes the norm. Question 12 (1 point) Emergency service agencies often work with private businesses. True FalseQUESTION 1 Chapter 11 matching quality framework for software development a key component which distinguishes agile approaches A. pseudocode a plain English approach to describing lines of programming B. top-down approach starting with general development requirements and working toward levels of C. iteration detail D. user story a graphical depiction of programming modules and their interrelationships E. parallel operation structure chart element which emphasizes the reusable nature of OO F. library module programming languages G. system documentation the equivalent of a use case in the agile development domain H. stub testing v needed for testing interoperability prior to project completion I. structure chart DFDs, data dictionary, ERDs J. ISO 9000-3-2004 lowest risk changeoverWeek 10, Question 2: Using the moment distribution method to solve the beam shown below. Take w = 21 kN/m and q = 21 kN /m. 2EI B EI CA EI 4 m 4 m 3 m Part 1 Calculate the fixed end moments at points B and C: 1) FEMI kN m b) FEME kN m c FEMA KN m d) FEME KN III Part 2 Calculate the distribution factors: a) DFBA b) DFBc () DFCD d) DFCD = Part 3 What is the moment that is carried over from B to C at the first iteration of the solution (start the iteration from point B)? M = KN m Part 4 Calculate the moment at B and indicate which face of the beam is under tension at that point: KN m bj Select one option: (No answer given) # CheckWhat are the two types of agencies and where do they receive their power and duties? Oa. International agencies receive their power directly from the president and Congress. Domestic agencies also receive delegated power and authority from the president and Congress. Ob. Executive agencies receive their power delegated from the executive branch (the president). Independent agencies receive their power as delegated from Congress. c. Economic agencies receive their power as delegated from the president and Congress. Independent agencies also receive their power as delegated from the president and Congress 1 points Save Answer QUESTION 9 Why are precedents and the policy of stare decisionportant to businesses? Oa. They allow precedent to be overturned if undesirable. Ob. They allow business to better anticipate and predict the conduct of others and the likely outcomes of legal disputes. c. They allow for the fair regulation of business.Question 1 3 pts Administrative agencies make statutes, O True O False Question 2 3 pts An administrative agency is usually created by O the issuance of a decision by the U.S. Supreme Court. O the promulgateon of a regulation by the appropriate administrative agency. O All the answers are correct. O the passage of enabling legislation by Congress O the issuance of an executive order by the President. Question 3 3 pts In order for a proposed constitutional amendment to become part for the U.S. Constitution, it must be ratified by three-fourths of Congress. O True O False
