Question 2 Briefly analyse the THREE major periods/phases in the history of FinTech. (i.e. Fintech 1.0). Provide the dates and shortly analyse One main application used in each period/phase.

Q: City Bus Corporation provides school bus transportation to public schools in Lancaster County. City ...

A: a)The phases in the risk management process that City Bus Risk Manager should take are as follows. 1...

Q: WHAT IS THE PURPOSE OF FINANCIAL STATEMENT?

A: Financial statement - are prepared by the management  of a company to convey the performance of the ...

Q: 7) Consider a 10-year 10% annual coupon bond with par value of $1,000 and a yield to maturity of 9%....

A: Modified duration (D) = 8.75 Convexity (C) = 64.80 Change in YTM (∆y) = 10.50% - 9% = 1.50% = 0.015

Q: A proposal to reduce oil spill on MX5 has a B-C ratio of 1.4. The conventional annual worth of benef...

A: Benefit to cost ratio helps in understanding the relationship between the cost and benefit of a proj...

Q: Anita opens a savings account. At the start of cach month she deposits SX into the savings account. ...

A: Interest rate (r) = 4.2% per annum = 0.35 % per month Money deposited at the start of the month = X ...

Q: DEFG Company has an inventory conversion period of 66 days, a receivable conversion period of 35 day...

A: The operating cycle is the time that a firm takes to purchase goods and convert the same into cash b...

Q: ) Suppose that today's one-year interest rate is 5%. Consider the following one-year interest rates ...

A: Expectations theory Expectation theory is also referred to as unbiased expectations theory which sta...

Q: The exact simple interest of P7,000 invested from April 28, 2002 to December 25, 2002 is P700. What ...

A: Investment = P7000 Interest amount = P700 Period from April 28, 2002 to December 25,2002 = 241 Days ...

Q: A binding contract is created when a contractor submits a bid for a project O True O False

A: A binding contract is a contract where the parties to the contract are legally enforceable and the p...

Q: Net margin is 30% of the gross sales of 150,000. With Cost of Goods Sold amounting to 50,000, what p...

A: Net margin = 30% Gross sales = 150000 COGS = 50000

Q: PIX company is considering licensing a water treatment system. The company can purchase a one-year o...

A: Capital budgeting is the process by which a corporation examines potential large projects or investm...

Q: INKING AND CONCEPTS REVIEW 5.1 Annuity Period As you increase the length of time involved, what happ...

A: The present value decreases as we increase time between present value date and future due date. Thus...

Q: A proposal to reduce oil spill on MX5 has a B-C ratio of 1.5. The conventional annual worth of benef...

A: Annual benefit (X) = P 560000 Annual disbenefit (Y) = P 100000 r = 6% n = 20 years Let F = First cos...

Q: Ali, Ahmad and Sam shared and bought a Play Station III for RM1500. Each of them took turns to keep ...

A: In partnership each partner have equal rights and equal responsibility and shared equally among all ...

Q: Given four proposals for funding a new project with a 100M Ilimit on capital funding and the MARR is...

A: Internal rate of return is the rate at which the net benefits are equal to the net costs. If the IRR...

Q: You have just received a windfall from an investment you made in a friend's business. She will be pa...

A: First payment (P1) = $13703 P2 = $27406 P3 = $41109 r = 4.2%

Q: The buyer of a certain machine may pay either Php 20,000 cash down payment and Php 20,000 annually f...

A: The present value is used to find the profitability of the project by finding out the discounted cas...

Q: What-if forecasting provides information regarding how much net interest income changes when interes...

A: Interest is the fee given to an investor or a depositor of fund for the decreased time value of mone...

Q: Who can issue repurchase agreements?

A: Repurchase agreements are also known as a repo loan.

Q: What is the  Inventory turnover, Age of inventory, asset turnover (2 years), and Fixed asset turnove...

A: Given: Particulars 2017 2016 Total assets  1,970,000.00  1,930,000.00 Plant & Equipment  ...

Q: Why insurance companies important for individuals and businesses?

A:

Q: 6667.63 is deposited in a bank that pays 18% annual intere compounded monthly. At the end of the sec...

A: Here the FV at the end of last withdrawal is 0. 

Q: Assess the following statements: I. Default risk is the risk that a security issuer will default on ...

A: The risk that a lender assumes in the event that a borrower is unable to make the required payments ...

Q: Caren Rodriguez borrows P1,500 with simple interest at 3% per month. What payment at the end of 10 m...

A: Borrowed amount (P) = P 1,500 Monthly interest rate (r) = 3% Monthly period (t) = 10 Months

Q: Clifford Clark is a recent retiree who is interested in investing some of his savings in corporate b...

A: The price for bond implies to the consideration amount paid by investor for purchasing bond. It is t...

Q: Explain Financial Flexibility

A: financial flexibility means a firm or organization ability to react to and investment opportunities ...

Q: Two stocks each currently pay a dividend of $2.20 per share. It is anticipated that both firms’ divi...

A: Current dividend (D0) = $2.20 Growth rate (g) = 5% A's beta = 0.89 B's beta = 0.99 Risk free rate = ...

Q: Question 1: What is the principal that will grow to $1600 at 5% compounded quarterly in 6 years and ...

A: Let the principal = X Final amount = $1600 Interest rate = 5% quarterly compounded

Q: referred as the borrowed money from a bank or other lending institutions/persons that can be used to...

A: Consumer loan is given by bank to their customers so that they can buy household and personal things...

Q: CSM Machine shop is considering a four-year project to improve its production efficency. Buying a ne...

A: Net present value is the difference between the present value of benefits and net present value of c...

Q: A chemical company is considering buying a new production equipment. The following models are identi...

A: Present value is referred to as the concept, which expresses the fund amount today will worth more a...

Q: List three functions of an integrated treasury department

A: Treasury management is one of the most important function of banks. Its helps in proper deployment o...

Q: Miss Balqis wishes to purchase a cottage located in a rural area in 12 years when she retires in Mal...

A:

Q: Sam Long anticipates he will need approximately $225,000 in 15 years to cover his 3-year-old daughte...

A: Given: Future value = $225,000 Years = 15 Interest rate = 8% Compounding = Semi annually

Q: 9. The day Anna was born, her father invested P5000 at 9% converted quarterly. Find the value of the...

A: “Since you have asked multiple questions, we will solve the one question for you. If you want any sp...

Q: Suppose I would like to buy a new oven for my bakery so that I can make pretzels. Based on my expert...

A:           1. Depreciation per year = 90000 ÷ 3 = 30000  

Q: You will retire in 26 years and can afford to put away 11 % of your salary each year. You make payme...

A:

Q: What is the accumulated value of periodic deposits of $60 at the beginning of every month for 17 yea...

A: Monthly deposit (P) = $60 Period = 17 Years Number of monthly deposits (n) = 17*12= 204 Interest rat...

Q: An investment of 500 will increase to 4000 at the end of 20 years. Find the resent values of three p...

A: We will use the concept of time value of money here. 

Q: A debt of $125000,00 was paid by quarterly payment of $5000.00 at 8.4% p.a. compounded quarterly? Ho...

A: Amortized Loan Amortized loan is a type of loan in which the borrower would pay periodic payments th...

Q: 1. Consider the costs and benefits of the following public projects shown in the table. Costs ($) Ye...

A: Benefit-cost Ratio is the relationship between benefits and costs. It is recommended to go with one ...

Q: Why insurance companies important for individuals?

A: A for-profit, non-profit, or government-owned firm that provides the promise to pay for particular e...

Q: A man borrowed Php 120,000 and promised to pay annually for 5 years The payment starts at "X pesos a...

A: Loan amount (LV) = Php 120,000 Number of annual payments (N) = 5 Interest rate (I) = 8% Annual growt...

Q: Assess the following statements: I. The traditional liquidity premium theory states that long term i...

A: we will analyze the above Stamets then we check the accuracy of whether each of the statements is co...

Q: GN Bank just paid its investors a dividend of GH¢0.5. If the dividend will grow at 8% forever and th...

A: The Dividend Growth Model refers to a model that helps in calculating the intrinsic value of a stock...

Q: Two scheduled debt payments of $671 each are due two months and nine months from now respectively. I...

A: Amortized Loan Amortized loan is a type of loan in which the borrower would pay periodic payments th...

Q: I. Simple interest calculations assume the interest earned is never reinvested. II. The real interes...

A: The question is based on the concept of simple interest and compound interest. The simple interest c...

Q: A company issued 7%, 20-year bonds with a face amount of $90 million. The market yield for bonds of ...

A: The price for bond implies to the consideration amount paid by investor for purchasing bond. In prov...

Q: Discuss FIVE (5) duties of an agent towards his principal.

A: Agents act on behalf of principals and hence agents have certain duties towards their principal.

Q: A proposal to reduce oil spill on MX5 has a B-C ratio of 1.4. The conventional annual worth of benef...

A: Benefit to cost ratio (BC) = 1.40 Annual net benefit (NB) = P560,000 Interest rate (r) = 6% Life (t)...