Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

money and capital market QUESTION THREE In a recent article by Goodell (2020), titled COVID-19 and finance: Agendas for future research, the author outlined the

image text in transcribed
image text in transcribed
money and capital market
QUESTION THREE In a recent article by Goodell (2020), titled "COVID-19 and finance: Agendas for future research", the author outlined the impact of the novel Coronavirus pandemic on financial markets on institutions. A copy of the article is appended to this question for your perusal. i. As a student of Money and Capital Markets, do you agree with the potential impact assessment of pandemics on financial markets and institutions as outlined in Goodell (2020)7 Your expressed view should not exceed 300 words. (3marks) You are required to provide an independent assessment of the potential impact of the Coronavirus on three types of financial institutions in Ghana; Universal Banks, Insurance and Pensions Companies, and Finance Companies. Your assessment should first simply classify the exposure of the three types of financial institutions (Universal Banks, Insurance and Pensions Companies, and Finance Companies) in Ghana to five different types of risks; liquidity risk, credit risk, interest rate risk, market risk and exchange rate risk as "Low", "Moderate" or "High". For each of the three financial institutions (Universal Banks, Insurance and Pension Funds, and Finance Companies) you are to fill out the table below. (Three tables are required. One for the assessment of each institution). ii. Universal Banks Low Moderate High 1. Liquidity Risk 2. Credit Risk 3. Interest Rate Risk 4. Interest Rate Risk 5. Exchange Rate Risk Insurance and Pensions Funds Low Moderate 1. Liquidity Risk 2. Credit Risk 3. Interest Rate Risk 4. Interest Rate Risk 5. Exchange Rate Risk Finance Companies Low Moderate High QUESTION THREE In a recent article by Goodell (2020), titled "COVID-19 and finance: Agendas for future research", the author outlined the impact of the novel Coronavirus pandemic on financial markets on institutions. A copy of the article is appended to this question for your perusal. i. As a student of Money and Capital Markets, do you agree with the potential impact assessment of pandemics on financial markets and institutions as outlined in Goodell (2020)7 Your expressed view should not exceed 300 words. (3marks) You are required to provide an independent assessment of the potential impact of the Coronavirus on three types of financial institutions in Ghana; Universal Banks, Insurance and Pensions Companies, and Finance Companies. Your assessment should first simply classify the exposure of the three types of financial institutions (Universal Banks, Insurance and Pensions Companies, and Finance Companies) in Ghana to five different types of risks; liquidity risk, credit risk, interest rate risk, market risk and exchange rate risk as "Low", "Moderate" or "High". For each of the three financial institutions (Universal Banks, Insurance and Pension Funds, and Finance Companies) you are to fill out the table below. (Three tables are required. One for the assessment of each institution). ii. Universal Banks Low Moderate High 1. Liquidity Risk 2. Credit Risk 3. Interest Rate Risk 4. Interest Rate Risk 5. Exchange Rate Risk Insurance and Pensions Funds Low Moderate 1. Liquidity Risk 2. Credit Risk 3. Interest Rate Risk 4. Interest Rate Risk 5. Exchange Rate Risk Finance Companies Low Moderate High

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

LOQ 13-22: What can we do to promote peace?

Answered: 1 week ago

Question

Effective Delivery Effective

Answered: 1 week ago