Finance

Explain how the time value of money works and discuss why it is such an important concept in finance. Suggest some changes that the current working force would need to make in order to retire comfortably. Historically, many Bahamians have relied on National Insurance benefits as an important source of their retirement income. However, given current demographics, it is likely that this important program will need to be restructured down the road in order to maintain its viability. Unfortunately, there is no easy solution. In order to reach their retirement goals, many current workers will need to work longer, spend less and save more, and hopefully earn higher returns on their current savings

1-introduction “ about Shariah governance system in genral and how its related to Shariah supervisory board. ( 2 pages) Body: 2- what is Sharia supervisory board 3- main functions of SSB 4- models of SSB – centralization/ macro level With examples of countries who use this level or type. – decentralization/ micro level With examples too. 7- challenges of SSB is Saudi business environment. 6- conclusion and recommendations * the report should includes some statistics or graphs. * it should evaluate the current practices of Islamic banking and finance industry.

Using the ADDIE model, design a training plan based on the findings and training outcomes revealed in your TNA. The training plan should include the following, at a minimum: Analysis The Analysis section is a summary of your TNA ( assignments 1 and 2). Include a paragraph describing the organization and training issue.  Discuss organizational and training goals and objectives, the target group, and the KSAs that should be expected of learners, which the training will address.  Design Determine program format, length of training, and method of delivery.  What will be the costs, and what resources will be needed from the organization? A training plan budget is important because an organization needs to anticipate, plan and pay for the training costs. In the section, you will develop a spending plan that breaks down the costs of your proposed training plan. Consider the following cost categories for your budget table and report: Direct Costs, Indirect Costs, Preparation Costs, Developmental Costs, Participant compensation, Evaluation costs, Total Training Costs. Your budget will have two components, a formal report and a budget table.  Prepare a table with a proposal for your training.  Prepare a written budget report  Describe in detail each the costs associated for your organization training needs as it applies to your training plan. Explain all of the costs included in your budget table. Development Describe what will be included in the program materials and activities. Consider communication tools, modules, learning aids, and assessment/evaluation tools.  Implementation Give specifics on how you will implement and deliver training. Include any “train-the-trainer” pilots and plans for training.  Evaluation In this section, you will develop a post-training evaluation plan. Evaluation is necessary for determining the overall effectiveness of a training program. Your evaluation plan should aim to measure learner performance. Evaluation will describe the success of the training program and lead to a plan for continuous improvement. You plan should include both a written report and the evaluation tool you would use for assessment.  Prepare an evaluation report Describe in detail how you will evaluate this training in terms of effectiveness. Explain how training will be assessed and evaluated. Describe the purpose of the evaluation tool. Address how overall training will be evaluated. List short- and long-term methods that ensure your training plan has translated into desired performance. Explain how it will bridge the organizational gaps identified in the TNA.  Include at least one evaluation tool together with your written evaluation plan. The tool should look professional and ready for your intended audience to complete. Make sure you have an introduction and summary to your report.

Write an essay on ideas of the foreign exchange market of Hong Kong and Mainland China, and why Hong Kong’s foreign exchange market is unlikely to be replaced by Mainland China.

As a manager, what are some challenges you anticipate in computing the WACC? Do you agree or disagree with the following statement: Using an inaccurate WACC could totally offset the capital budgeting decision? Fully explain and support your discussion. When pondering the questions how does the cost of capital impact the capital budgeting process?

Address the following: Evaluate the return and risk of a single security and a portfolio, using an example relevant to you. Assess the relationships between credit ratings and interest rates of long-term debt securities. Assess the differences and similarities between initial public offerings (IPOs) and secondary offerings in equity markets.

The first paragraph should be ‘Executive Summary’. It should summarize the 10 stocks (5 given from me and 5 of your own) overall performance from August 27 to Dec 1. And you should compare your portfolio’s performance with a benchmark, such as, S&P 500 index performance during the same period. S&P 500 index daily value can be found at http://finance.yahoo.com/q/hp?s=^GSPC.   Get each stock’s beta and its weight in. You can get individual stock’s beta from finance.yahoo.com. Click ‘key statistics’ on the left after you enter the webpage of the stock. For instance, Apple Computers’ beta can be found at http://finance.yahoo.com/q/ks?s=AAPL. Find the betas for all your stocks. Explain what type of stocks you selected based upon the key variables you just collect. Are they large stocks (large market cap, usually greater than 10 billion)? Are they growth stocks (high P/E and P/S ratios)? Are they hot stocks (relative high past 6 month return and past 12 month return)?  If you were to have a million dollars to purchase the 10 stocks Tell me what you were thinking when you bought these stocks. Or, what made you decide to buy or short these stocks. For the top 5 stocks  list the following key variables for each stock in a table.  –           Get market cap, beta, price/book, forward P/E, PEG ratio, ROA, Profit margin for each stock. Again, all of them can be found by clicking ‘key statistics’. For Apple, it is at http://finance.yahoo.com/q/ks?s=AAPL. –           Get past 6 month return, 12 month return and 36 month return of each stock. Historical stock prices can be found by clicking ‘Historical Prices’ on the left. For apple, it is at http://finance.yahoo.com/q/hp?s=AAPL. Prices are in the last column – “adj close”. To Calculate returns, for example: the 6 month return = price at July 31st divided by price on Jan 31st minus 1. –           Get Analyst Mean Recommendation and analyst forecast return. You can find analyst mean recommendation and mean price target by analysts by clicking ‘Analyst Opinions’. Analyst forecast return = mean target divided by price at Jan 31st  minus 1. for Apple, you can find info at http://finance.yahoo.com/q/ao?s=AAPL. –           Report the following corporate performance of each stock. (You need to get these from company’s balance sheets and income statements.  •       Value and Value Added •       Measuring Profitability •       Measuring Efficiency •       Analyzing the Return on Assets: The Du Pont System •       Measuring Leverage •       Measuring Liquidity •       Calculating Sustainable Growth •       Interpreting Financial Ratios   Remember: Ratios are not very helpful by themselves: they need to be compared to something. You must do the following: Time-Trend Analysis — to see how the firm’s performance is changing through time

Question Your investment bank has an investment of $100 million in the stock of the Swiss Roll Corporation and a short position in the stock of the Frankfurter Sausage Company. Here is the recent price history of the two stocks: Percentage price change Month Frankfurter Sausage Swiss Roll January -10% -10% February -10% -5% March -10% 0% April 10% 0% May 10% 5% June 10% 10% On the evidence of these six months, how large would your short position in Frankfurter Sausage need to be to hedge as far as possible against movements in the price of Swiss Roll? Please explain your answer in detail and provide in-text citations.

Reducing the weighted average cost of capital (WACC) increases a company’s value. Remember, a firm is just a portfolio of projects; some projects have a positive NPV, and some have a negative NPV when evaluated using the WACC. Yet sometimes using the WACC to evaluate projects can be misleading and naive. Answer to the following: Under what circumstances would it be appropriate for a firm to use different costs of capital for its different operating divisions? If the overall corporate WACC were used for all divisions, what do you see as the issues and biases of such a practice? How would you estimate different costs of capital for the different divisions? Define two different methods to accomplish individual operating division costs of capital, and explain why your recommended methods would be effective.

Briefly introduce how Blockchain Technology is applied in the finance industry concurrently and then use at least two business cases to explain further.Hints: For the business case, you can first choose a firm that applies Blockchain Technology and explain how this firm applies and benefits from this technology with potential data analysis support