A. Using the data in the Green Highlighted Area, please complete the Yellow high
A. Using the data in the Green Highlighted Area, please complete the Yellow highlighted sections of this worksheet. Must use Excel Formulas to complete each cell
B. Calculate the projects NPV, IRR, MIRR, Payback Period (not discounted).
C. Using these calculations, do you recommend that they should proceed with this project? Explain your answer
The instructions are attached.
I have also attached the lecture notes in zip (“F
The instructions are attached.
I have also attached the lecture notes in zip (“FED & Monetary Policy” and “Monetary Policy” are the class slides, and the “NOTES ON FOREX TRADING” is the material that the professor said would be helpful for this case）.All three lecture notes need to be read, but please focus more on “NOTES ON FOREX TRADING.”
The instructions are attached.
I have also attached the lecture notes in zip (“F
The instructions are attached.
I have also attached the lecture notes in zip (“FED & Monetary Policy” and “Monetary Policy” are the class slides, and the “NOTES ON FOREX TRADING” is the material that the professor said would be helpful for this case）.All three lecture notes need to be read, but please focus more on “NOTES ON FOREX TRADING.”
A. Using the data in the Green Highlighted Area, please complete the Yellow high
A. Using the data in the Green Highlighted Area, please complete the Yellow highlighted sections of this worksheet. Must use Excel Formulas to complete each cell
B. Calculate the projects NPV, IRR, MIRR, Payback Period (not discounted).
C. Using these calculations, do you recommend that they should proceed with this project? Explain your answer
Cryptocurrency Channels: Navigating Digital Currency on YouTube
As cryptocurrency markets can often be volatile, it is essential to keep yourself informed. There are hundreds of websites and probably thousands of articles intended to keep you updated, but what if reading isn’t your strong suit? If that’s the case, YouTube might be the best platform for you to stay updated. Video can be a very successful medium for delivering cryptocurrency news, market strategies, and tools in an entertaining manner. If scrolling through countless websites and articles is starting to make your fingers tired, head over to YouTube and take a look at some of these cryptocurrency channels.
Data Dash is no fluff and pure business. Headed by cryptocurrency trader Nicholas Merten, Data Dash covers all things cryptocurrencies. His Daily Update videos are uploaded every other day, and they cover how various events throughout the week have affected cryptocurrency markets. Dash Cast is similar to a YouTube podcast in which Merten speaks with cryptocurrency experts to get their input on the history of cryptocurrencies, current markets, and where they think they will go in the future. There are over 400 videos, all of which can be used to learn about market trends and get updated on all cryptocurrency news.
If you do not have the time to watch Data Dash videos, as they usually hover around 30 minutes to an hour in length, or you just find them a bit dry, Crypto Daily is the channel for you. Crypto Daily features over 300 videos, ranging from news, insights, memes, and even music videos. Videos are uploaded about three or four times a week and usually average around eight minutes in length. Crypto Daily is a late-night talk show about cryptocurrency, successfully blending news and comedy so you don’t fall asleep while you watch.
Superman is the best channel to go to for reviews. Its host, Michael Suppo, offers a highly-rated course on Udemy, so he definitely knows his stuff. Suppo not only reviews the newest and most popular cryptocurrencies on the market but initial coin offerings (ICOs) as well. He currently has over 390 videos on his channel, which can be used to learn by both new and experienced cryptocurrency investors alike.
Chris Dunn covers all aspects of investing, not only cryptocurrencies themselves. So, if you’re looking to diversify your portfolio, Chris Dunn TV is the channel to watch. He covers news, investment strategies, cryptocurrency market insights, and much more through his list of over 190 videos. His “Bitcoin Basics” series can be especially helpful for those just getting into cryptocurrencies. Although videos are released every few weeks, each has new information worthy of any cryptocurrency investor’s time.
Box Mining, with over 430 cryptocurrency videos, is the second most extensive channel on this list. Its host, Michael Gu, can be considered a cryptocurrency influencer, as he not only has a YouTube channel but a website, Twitter, Instagram, and Facebook all dedicated to cryptocurrencies. Box Mining covers cryptocurrency news, trends, and strategies and also covers various cryptocurrency conferences.
In terms of uploads, out of all the channels on this list, Doug Polk Crypto is probably the most sporadic. Videos are uploaded every few months, but each new video is well worth the wait. Polk’s videos are a perfect blend of quality and comedy. You could consider Doug Polk to be the bad boy of cryptocurrency news. He calls cryptocurrency influencers out when he believes they are wrong. Although comedic, Doug Polk’s Crypto is valuable in that it can help newer investors learn the signs of a cryptocurrency scam.
If you eat, drink, and breathe cryptocurrency, this channel is for you. It’s a bit dry, but it covers almost every aspect of multiple cryptocurrencies, such as news, updates, and trends. With an astounding 991 videos, with a new one, sometimes even multiple, uploaded daily, this channel will leave you wondering if its host ever leaves his computer.
Crypt0 can be considered the CNN of cryptocurrency. Hosted by Omar Bham, Crypt0 blends talk show and news show. Bham receives no money from ICOs nor any promotional material for crypto tokens, so you know that he can offer his own unbiased opinion on the newest trends.
All of the channels on this list can be valuable for cryptocurrency investors. If you don’t have the time to sit at a computer scrolling through articles all day, these channels are often a good alternative as they take all the current news and compact it into one video. Do you like staying updated but can’t stay awake long enough to make it through an article? These channels can be both comedic and informative, keeping you equipped with the information necessary to stay at the top of the cryptocurrency market.
Cryptocurrency and the Talent Shift in Decentralized Finance
After the global financial crisis of 2008/9, the idea of a decentralized currency sprung forth on the backbone of a blockchain-based distributed ledger. As people started to learn how Bitcoin works, interest levels grew as people were tired of the risks involved in leaving our collective financial future in the hands of a small group of regulators and banks.
Over the last decade, the marketplace has exploded with cryptocurrency-based startups with ambitious, forward-thinking entrepreneurs around the world hard at work to craft a financial future free from centralized institutions.
As with any new technology, things are moving fast – and one of the challenges for these new companies is the acquisition and fostering of talent. Cryptocurrency jobs are in high demand, especially talented developers. But how do you ‘train’ talent for an industry and for solutions that are still being formed?
That is the challenge of talent in the cryptocurrency industry, and with growth, strategies for growing the available talent pool will become critical.
Amazingly, most of the most talented people in blockchain and cryptocurrency startups are self-taught. They have been with this idea from the beginning or joined earlier on in the decade.
Bringing either a vast understanding of financial markets or industries or a talent for programming and logic, these pioneers forged the industry to the point we see it today. While it definitely created some overnight millionaires and even billionaires, it also created an industry that is likely to transform financial markets forever.
Personalities like the enigmatic Satoshi and Ethereum’s Vitalik Buterin have put these open-source ideas out into the public consciousness where talented individuals who believe in the promise of a decentralized future have run with them.
The pool of these self-motivated and self-taught phenomena is running out, and they cannot sustain the industry on their own. New talent will need to come from outside, and there are several ways that will happen.
The first way the talent pool will increase is simply demand. The natural law of economics will take over, and the allure of working in high-tech (and due to the low supply of talent) and lucrative industry will drive people to learn and become part of the workforce.
However, there is an inherent lag in this process as workers are trained and become proficient in the skill sets necessary to succeed in the field.
First and foremost, one needs to understand the ‘idea’ or the promise of a blockchain-based and decentralized financial system. As word spreads of the growth of the industry and the size of the markets become too big to ignore, more people will buy in at this level.
Companies are actively recruiting to fill cryptocurrency developer jobs but are finding a very limited talent pool. That pent-up demand will fuel the next spike in talent for the industry.
The next piece of the puzzle is that there needs to be a place for eager young talent to learn the required theoretical and programming skills to become a valuable workforce.
As we recently highlighted, institutes of higher learning are reacting to this demand and creating rich blockchain and cryptocurrency-based curricula. In fact, over half of the world’s top 50 universities offer at least one class on the subject.
In addition to offering and growing the number of classes, universities are also creating research bodies to study the industry and better guide their future offerings. Many also share their findings publicly, like the Blockchain at Berkeley program.
They are also hiring a portion of the ‘self-taught phenoms’ to come and teach at their schools, meaning students are learning the theory and design from the very folks who created the industry. It’s hard not to be excited about an industry that is so new that it fosters such a dynamic.
Those who are attending these programs are still going to be pioneers in the field, and one of today’s college students might be the one who cracks the code that lets cryptocurrency leap from a fledgling idea to mainstream adoption.
From a programming language perspective, most cryptocurrency uses existing infrastructure and programming language to underpin its systems. That means that savvy programmers are taking advantage of online tools to learn the skills required for cryptocurrency jobs.
Many of the open-source solutions have detailed instructions and tutorials, and dozens of online videos and websites exist that teach programming concepts. Studious programmers can learn how to adapt their current talent to the budding industry and beat the next wave of college graduates that will eventually get there.
Most of the blockchain platforms like Ethereum, Hyperledger, and Corda have online ‘simulators’ or sandboxes where developers can tinker around with code and try to build solutions.
This is where the current pool of talent is coming from, and it will be for the not-too-distant future. One of the biggest philosophies of a decentralized financial system is the open-source nature of its development. The fact that these resources are out there for programmers to take advantage of is a rare occurrence.
As the industry matures and continues to grow, companies and entrepreneurs will have to watch out for people who talk the talk but cannot deliver. A challenge for a ‘new’ industry is that it’s much harder to prove experience or to show a track record. Nobody was working in cryptocurrency 20 years ago; all of the talent is new.
What happens next will potentially shape the future of financial markets and currency globally, so having a rich pool of talent is going to be critical to the success of the industry.
Mini Case
Paul Duncan, financial manager of EduSoft Inc., is facing a dilemma. T
Mini Case
Paul Duncan, financial manager of EduSoft Inc., is facing a dilemma. The firm was founded 5 years ago to provide educational software for the rapidly expanding primary and secondary school markets. Although EduSoft has done well, the firm’s founder believes an industry shakeout is imminent. To survive, EduSoft must grab market share now, and this will require a large infusion of new capital.
Because he expects earnings to continue rising sharply and looks for the stock price to follow suit, Mr. Duncan does not think it would be wise to issue new common stock at this time. On the other hand, interest rates are currently high by historical standards, and the firm’s B rating means that interest payments on a new debt issue would be prohibitive. Thus, he has narrowed his choice of financing alternatives to (1) preferred stock, (2) bonds with warrants, or (3) convertible bonds.
As Duncan’s assistant, you have been asked to help in the decision process by answering the following questions.
How does preferred stock differ from both common equity and debt? Is preferred stock more risky than common stock? What is floating rate preferred stock?
How can knowledge of call options help a financial manager to better understand warrants and convertibles?
Mr. Duncan has decided to eliminate preferred stock as one of the alternatives and focus on the others. EduSoft’s investment banker estimates that EduSoft could issue a bond-with-warrants package consisting of a 20-year bond and 27 warrants. Each warrant would have a strike price of $25 and 10 years until expiration. It is estimated that each warrant, when detached and traded separately, would have a value of $5. The coupon on a similar bond but without warrants would be 10%. (1)What coupon rate should be set on the bond with warrants if the total package is to sell at par ($1,000)?
(2)When would you expect the warrants to be exercised? What is a stepped-up exercise price?
(3)Will the warrants bring in additional capital when exercised? If EduSoft issues 100,000 bond-with-warrant packages, how much cash will EduSoft receive when the warrants are exercised? How many shares of stock will be outstanding after the warrants are exercised? (EduSoft currently has 20 million shares outstanding.)
(4)Because the presence of warrants results in a lower coupon rate on the accompanying debt issue, shouldn’t all debt be issued with warrants? To answer this, estimate the anticipated stock price in 10 years when the warrants are expected to be exercised, and then estimate the return to the holders of the bond-with-warrants packages. Use the corporate valuation model to estimate the expected stock price in 10 years. Assume that EduSoft’s current value of operations is $500 million and it is expected to grow at 8% per year.
(5)How would you expect the cost of the bond with warrants to compare with the cost of straight debt? With the cost of common stock (which is 13.4%)?
(6)If the corporate tax rate is 25%, what is the after-tax cost of the bond with warrants?
DURATION: 60 MINUTES (45 MINUTES PRESENTATION + 15 MINUTES Q&A)OBJECTIVES:
Educa
DURATION: 60 MINUTES (45 MINUTES PRESENTATION + 15 MINUTES Q&A)OBJECTIVES:
Educate the audience on the history and evolution of financial fraud and scams.
Explain the mechanisms of various fraud schemes and how they operated.
Analyze governmental and policy responses to these scams.
Discuss current and emerging threats in financial fraud and scam prevention.
AUDIENCE:
Financial Professionals
Cybersecurity Experts
Policymakers
KEY COMPONENTS AND CRITERIA:
1. INTRODUCTION (5 MINUTES)Briefly introduce the topic and outline the agenda.
Explain the importance of understanding financial fraud and scams.
2. HISTORICAL CONTEXT (10 MINUTES)Pre-Cyber World (1800s-1900s):Early forms of financial fraud (e.g., Ponzi schemes, check fraud).
Key case studies (e.g., Charles Ponzi).
Initial governmental and legal responses.
Early Digital Era (1950s-1980s):Introduction of credit card fraud.
Notable scams and their impact.
Evolution of regulatory frameworks.
3. MODERN FINANCIAL FRAUD MECHANISMS (15 MINUTES)1990s-2000s:Internet-based scams (e.g., phishing, identity theft).
Significant cases (e.g., Nigerian Prince scams).
Government responses and legal measures (e.g., Gramm-Leach-Bliley Act).
2010s-2020s:Advanced scams (e.g., ransomware, synthetic identity fraud).
High-profile cases (e.g., Equifax breach, Wirecard scandal).
Policy changes and new regulations (e.g., GDPR, CCPA).
4. CURRENT LANDSCAPE AND EMERGING THREATS (10 MINUTES)2024 Overview:Latest trends in financial fraud and scams.
Technological advancements in fraud detection and prevention.
Current regulatory environment and compliance requirements.
5. EXPERT INSIGHTS (5 MINUTES)Interviews/Videos:Integrate short video clips or quotes from cybersecurity experts and financial analysts.
Topics may include insights on current fraud mechanisms, prevention strategies, and future predictions.
6. FUTURE OUTLOOK AND RECOMMENDATIONS (10 MINUTES)Challenges Ahead:Potential future fraud and scam tactics.
The role of emerging technologies (e.g., AI, blockchain) in both perpetrating and preventing fraud.
Recommendations:Best practices for financial institutions and individuals.
Policy recommendations for enhancing fraud prevention and response.
7. Q&A SESSION (15 MINUTES)Open the floor for questions from the audience.
Prepare a few common questions and answers to facilitate the discussion.
ADDITIONAL ELEMENTS:
MULTIMEDIA INTEGRATION:Use visuals such as charts, graphs, and infographics to illustrate key points.
Include video clips of expert interviews (1-2 minutes each) to provide real-world insights.
INTERACTIVE COMPONENTS:Incorporate polls or quizzes to engage the audience.
Use case studies or scenarios to facilitate discussion.
CRITERIA FOR SUCCESS:
Clear, concise, and engaging delivery of content.
Effective use of multimedia and expert contributions.
Active audience participation during the Q&A session.
Audience feedback indicating enhanced understanding of financial fraud and scams.
Please try to focus your data/case studies and statistics on the Middle East, the Gulf countries, specifically Saudi Arabia
Here the goal is a PPT presentation that is complete and well-arranged
DURATION: 60 MINUTES (45 MINUTES PRESENTATION + 15 MINUTES Q&A)OBJECTIVES:
Educa
DURATION: 60 MINUTES (45 MINUTES PRESENTATION + 15 MINUTES Q&A)OBJECTIVES:
Educate the audience on the history and evolution of financial fraud and scams.
Explain the mechanisms of various fraud schemes and how they operated.
Analyze governmental and policy responses to these scams.
Discuss current and emerging threats in financial fraud and scam prevention.
AUDIENCE:
Financial Professionals
Cybersecurity Experts
Policymakers
KEY COMPONENTS AND CRITERIA:
1. INTRODUCTION (5 MINUTES)Briefly introduce the topic and outline the agenda.
Explain the importance of understanding financial fraud and scams.
2. HISTORICAL CONTEXT (10 MINUTES)Pre-Cyber World (1800s-1900s):Early forms of financial fraud (e.g., Ponzi schemes, check fraud).
Key case studies (e.g., Charles Ponzi).
Initial governmental and legal responses.
Early Digital Era (1950s-1980s):Introduction of credit card fraud.
Notable scams and their impact.
Evolution of regulatory frameworks.
3. MODERN FINANCIAL FRAUD MECHANISMS (15 MINUTES)1990s-2000s:Internet-based scams (e.g., phishing, identity theft).
Significant cases (e.g., Nigerian Prince scams).
Government responses and legal measures (e.g., Gramm-Leach-Bliley Act).
2010s-2020s:Advanced scams (e.g., ransomware, synthetic identity fraud).
High-profile cases (e.g., Equifax breach, Wirecard scandal).
Policy changes and new regulations (e.g., GDPR, CCPA).
4. CURRENT LANDSCAPE AND EMERGING THREATS (10 MINUTES)2024 Overview:Latest trends in financial fraud and scams.
Technological advancements in fraud detection and prevention.
Current regulatory environment and compliance requirements.
5. EXPERT INSIGHTS (5 MINUTES)Interviews/Videos:Integrate short video clips or quotes from cybersecurity experts and financial analysts.
Topics may include insights on current fraud mechanisms, prevention strategies, and future predictions.
6. FUTURE OUTLOOK AND RECOMMENDATIONS (10 MINUTES)Challenges Ahead:Potential future fraud and scam tactics.
The role of emerging technologies (e.g., AI, blockchain) in both perpetrating and preventing fraud.
Recommendations:Best practices for financial institutions and individuals.
Policy recommendations for enhancing fraud prevention and response.
7. Q&A SESSION (15 MINUTES)Open the floor for questions from the audience.
Prepare a few common questions and answers to facilitate the discussion.
ADDITIONAL ELEMENTS:
MULTIMEDIA INTEGRATION:Use visuals such as charts, graphs, and infographics to illustrate key points.
Include video clips of expert interviews (1-2 minutes each) to provide real-world insights.
INTERACTIVE COMPONENTS:Incorporate polls or quizzes to engage the audience.
Use case studies or scenarios to facilitate discussion.
CRITERIA FOR SUCCESS:
Clear, concise, and engaging delivery of content.
Effective use of multimedia and expert contributions.
Active audience participation during the Q&A session.
Audience feedback indicating enhanced understanding of financial fraud and scams.
Please try to focus your data/case studies and statistics on the Middle East, the Gulf countries, specifically Saudi Arabia
Here the goal is a PPT presentation that is complete and well-arranged
I have a case about Financial Modeling & Engineering. I have attached the case r
I have a case about Financial Modeling & Engineering. I have attached the case requirements and lecture notes (include Python code steps).
Must follow all instructions.