1 Triangular Arbitrage
Suppose you are a trader at the foreign exchange desk of Goldman Sachs in London and you observe the following exchange rates of the Euro (EUR) relative to the pound (GBP) and the U.S. Dollar (USD) and the USD relative to GBP:
Quote Currency/Base Currency Rate
EUR/GBP 1.1555
EUR/USD 0.76388
USD/GBP 1.5386
Recall that the base currency is the currency that is being purchased or sold and the quote currency is the price. Thus, if EUR/GBP is equal to 1.1555, then it costs 1.1555 EUR to buy 1 GBP (or I can sell 1 GBP for 1.1555 EUR).
Triangular arbitrage is the act of exploiting an arbitrage opportunity resulting from a pricing discrepancy among three di erent currencies in the foreign exchange market. A triangular arbitrage strategy involves three trades, exchanging the initial currency for a second, the second currency for a third, and the third currency for the initial. During the second trade, the arbitrageur locks in a zero-risk pro t from the discrepancy that exists when the market cross exchange rate is not aligned with the implicit cross exchange rate.
Determine the arbitrage pro ts if you start with 10,000,000 EUR and buy GBP.
2 Covered Interest Parity
The Euro (EUR) spot exchange rate against the U.S. Dollar (USD) was 1.2834 USD/EUR on March 30, 2010 while the 6-month forward exchange rate was 1.2779 USD/EUR. On the same day, the Wall Street Journal reported the 6-month Eurodollar (USD denominated deposits located in Europe) interest rate as 3.125 % per annum, compounded annually. What was the effective Euro deposit interest rate for 6-months, in percent per annum? Ignore bid/ask spreads. Hint: you will need to convert the compounding frequency from 1-year to 6-months (please look up the compound interest formulas on your own if you forgot).
3 Covered Interest Parity with Bid-Ask Quotes
Below are current quotes on Japanese Yen and U.S. Dollar exchange rates and interest rates. Find and describe the arbitrage opportunity, if any. Recall, the bid and ask prices and rates are from the perspective of the market marker. Bid price is the price the market maker is willing to buy and the ask price is the price the market maker is willing to sell. Similarly, the bid rate is the rate the market maker is willing to borrow and the ask rate is the rate the market maker is willing to lend.
JPY/USD Bid Ask
Spot 113.75 113.95
3-Month 113.60 113.80
3-Month Interest Rate (Compounded Annually) Bid Ask
JPY 1.3125% 1.4375%
USD 5.1875% 5.3125%
4 Implied Forward Exchange Rate
Suppose you are a wine maker in Santa Ynez, California (U.S.). You have ordered oak barrels from France for your vineyard. The barrels will arrive in one year, just in time for the Chardonnay from the upcoming 2010 harvest to be transferred from fermentation vats and aged. The barrels cost 122 EUR each, cash on delivery. There is no forward EUR/USD exchange rate beyond six months, but the 1-year EUR deposit rate is 4.75% while the Eurodollar deposit rate is 4.25%. Describe the transaction to lock in a dollar price per barrel and calculate that price (i.e., implied forward exchange rate for EUR/USD). The spot exchange rate is 1.2834 USD/EUR. Hint: Apply the intuition behind the Covered Interest Parity arbitrage proof.
the Preamble to the U.S. Constitution
Step 1 Using the internet, locate and read the Preamble to the U.S. Constitution. Step 2 Write a 1 & 1/2 to 2 page interpretation and analysis of the key elements or components of the Preamble to the U.S. Constitution. Include in your analysis, the purpose of the Preamble and a discussion of whether the courts consider the Preamble (or any part thereof) relevant to or reflective of the actual Constitution. Please provide references in APA format. Hint(s): There are at least six (6) key elements or components that should be interpreted and discussed in your paper.
iterature Review/ Wayne Williams/Atlanta Child Murders
The sources you identified through the Annotated Bibliography will be used to build the literature review. The sources should support the following:
· Provide a concise description of how each source contributes to the Wayne Williams/Atlanta Child Murders and current evidentiary issues.
· Evaluate the scientific techniques used in processing evidence in the Wayne Williams/Atlanta Child Murder case.
· Examine the ethical issues and articulates significance on the admissibility of forensic evidence, particularly trace evidence in the Wayne Williams/Atlanta Child Murders case in subsequent legal proceedings.
· Compare and contrast evidence collection and processing methods at the time of the Wayne Williams/Atlanta Child Murders and current collection and processing methods.
The Literature Review must include the following elements:
· Use the 10 sources identified in your Annotated Bibliography from Week Two, in addition to the course text and other required sources.
· Due to the nature of the assignments, your original search may include reliable sources, including reliable media, to enable you to identify areas for further scholarly research. For example, numerous media publications, including The New York Times and The Christian Science Monitor, reported that Texas mother Andrea Yates was reportedly suffering from postpartum psychosis when she drowned her five children. The scholarly source would then focus on the postpartum psychosis diagnosis.
The Literature Review
- Must be a minimum of 1500 words not including title and references pages and formatted according to APA
· Must include a separate title page with the following:
· Title of paper
In text citing
· Must use the 10 sources identified in your Annotated Bibliography in addition to the course text and other required readings
· Must document all sources in APA style
· Must include a separate references page that is formatted according to APA style
please see Annotated Bibliography attached that is required for this literature review
Jail And Prisons Comparison/CJi Interactive
View and complete the following in CJi Interactive.
Learning Modules:
http://media.pearsoncmg.com/pcp/pcp_94869_mutchnick_cj_uop/learning_modules/chapter11/11.1historyofprisons/index.html
- http://media.pearsoncmg.com/pcp/pcp_94869_mutchnick_cj_uop/chapter11/ch11_mvr/index.html
- Ch. 11: Corrections History and Institutions > History of Prisons
- Ch. 11: Corrections History and Institutions > Correctional System
Myths & Issues Videos:
- Ch. 11: Corrections History and Institutions > Myth v. Reality: The Correctional System Rehabilitates Offenders
Write a 700- to 1,050-word paper using the information found in the CJi Interactive Multimedia and this week’s readings. Include the following in your paper:
- A description of jail’s place in corrections and its role throughout history
- A summary of the history of state and federal prisons
- A comparison of the similarities and differences between security levels in jails, state prisons, and federal prisons
- An explanation of factors influencing growth in jails, state prisons, and federal prisons
Format your paper consistent with APA guidelines.
Afghanistan culture of war
Background
-role of torture at the given time
-who received the torture
-who gave the torture
-pattern of unusual punishment and laws
Analysis
Purpose
Conclusion
4-5 sentences per paragrapgh
18 words in each sentences
2 commans per sentence
1 semicolon per paper
2 pages
apa format
Finish the first paragraph with
This paper is therefore, designed to analyze the relationship between Totalitarian Political Regimes and genocide in Nigeria.
movie review
Please, watch one of the following videos and read one of the following articles. If you find the topic interesting, please read or watch more than one of the suggestions.
Answer ONE of the following prompts based on your reading, viewing, class discussion, and personal experiences. Your response should be approximately 500 words.
1. Reflect on the concepts that you found most interesting this week, and suggest how these concepts will influence your future.
2. Theorists tend to view technological advances, like AI, machine learning, and robotics as a great benefit to future society or as a looming threat to the future of humanity. Based on your learning, share your opinion about the benefits or threats of these technological advances. Use specific examples to support your response.
3. Discuss some of the main ideas that you took away from the reading and video. How will your career choices be influenced by advances in AI.
The history of torture, cruel, and unusual punishment in the country of Afghanistan
Topic: – The history of torture, cruel, and unusual punishment in the country of Afghanistan all the way until present date.
Apa format
2-3 pages.
12pt font
Times New Roman
Include:
“intro”
“background”
“analysis”
“conclusion”
U.S. Supreme Court
Step 1 – Using the internet, books, etc. answer the following questions. Step 2 – Write 2 – 3 page Response answering the items below, relative to the U.S. Supreme Court. Discuss the following items: 1. Describe the jurisdiction of the U.S. Supreme Court 2. Explain the power of the U.S. Supreme Court 3. Identify the current Supreme Court Justices. Provide a brief bio on each include their political affiliation or ideology. 4. Discuss the role of politics in the U.S. Supreme Court decision making. Include in your discussion, the concept of Judicial Activism and Strict Constructionist/ism. 5. Discuss the impact of the U.S. Supreme Court decisions on the Criminal Justice system.Please provide references in APA format
Toxicology
Your lab report should display critical thinking as well as demonstrate a grasp how information. Your report must address the following elements:
o Indicate which scientific techniques are used for different types of evidence in the lab.
o Examine how digital evidence poses unique challenges to the criminal justice system.
o Explain the ethical issues resulting from emerging technology out pacing the law.
Differentiate between how the various landmark cases have impacted the admission of forensic evidence in court.
The Laboratory Activity Report
· Must be approximately 1,000 words (, not including title and references pages) and formatted according to APA style.
· Must include a separate title page with the following
· In text citing
· Must use at least two scholarly, peer reviewed, and/or other credible sources in addition to the course text and lab manual.
· Must document all sources in APA style.
· Must include a separate references page that is formatted according to APA style
morality
Should morality, in and of itself, be considered a sufficient basis for defining particular conduct as criminal? Give reasons to support your view.
What are the chief distinctions between the civil and criminal law? Why do the criminal and civil law sometimes overlap?
To what extent is the English common law significant in contemporary American criminal law?
What is the essential difference between substantive criminal law and procedural criminal law? Can you give examples of each?