D4) Finance
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- Q4 B) (b) Suppose Bank Negara Malaysia sells RM100 million of bonds to Bank A. By usinga T-accounts, illustrate what happens to the reserves and the monetary base. Answer should be written with proper examples and elaborations. Thank you.(C). A balance sheet for a hypothetical central bank is shown below: Central Bank Balance Sheet in photo Write the new balance sheet if the bank sells $100 worth of foreign bonds for domestic currency.Suppose that the assets of a bank consist of $100 million of loans of BBB-rated corporations. The PD for the corporations is estimated as 1%. The average maturity is five years and the LGD is 60%. What is the total risk-weighted assets for credit risk under the Basel II advanced IRB approach? Question 5Answer a. $178.1 million b. $13.2 million c. $165.4 million d. $100 million
- 50- Which of the following are issued by large commercial banks that can be bought and sold among investors and carry a fixed interest rate? a. Eurodollar CD b. Certificate of Deposits c. Treasury Bills d. Commercial PapersA bank has estimated its net income for 2020 is $2,000,000. It has also estimated the following ratios of its capital: CET1 = 7% Tier 1= 7.50% Tier 1+2= 9% Under Basel 2, what is the maximum, it can pay out in dividends? a $0.00 b $400,000.00 c $800,000.00 d $1,200,000.00Which of the followings can be reported as cash equivalents? Explain the reason why. A. Bond issued by Apple Inc. B. Ordinary shares issued by Apple Inc. C. Singapore Government Securities Bonds (30-year tenor) D. Bond issued by DBS bank E. None of the above
- A bank has estimated its net income for 2020 is $2,000,000. It has also estimated the following ratios of its capital: CET1 = 7% Tier 1= 7.50% Tier 1+2= 9% Under Basel 2, what is the maximum, it can pay out in dividends? $0.00 $400,000.00 $800,000.00 $1,200,000.00H10. Assume that initially, the risk premium, ρ = 0 and that the domestic and foreign interest rates are given by R = .06, R* = .05. Suppose that the risk premium depends linearly on the difference between domestic government debt, B, and domestic assets of the central bank, A, i.e., ρ = ρ (B-A) Find the new domestic interest rate if a sterilized purchase of foreign assets adjusts A s.t. (a) B - A = -.01/ ρ0 (b) B - A = .03/ ρ0Match the following money market securities with their issuers. Securities Issuers a. Treasury bills 1. depository institutions b. negotiable CDs 2. U.S. government c. commercial paper 3. banks d. banker’s acceptances 4. business firms and institutions
- D6) Since funds must keep flowing for a country to remain economically viable, briefly explain the role of financial institutions and financial markets in ensuring a regular funds flow between demanders and suppliers of funds. (80-100 words) A 15-year annual coupon bond trades for $1,200 in the market. If the market interest rate is 4%, what is the bond’s coupon rate?Q2-2 In the portfolio balance approach, which of the following (other things equal) will cause an increase in the demand for domestic bonds by home country citizens? a. a decrease in the home country interest rate b. an increase in the home country price level c. an increase in the home country real income level d. a decrease in the expected rate of appreciation of the foreign currency (or a decrease in the expected rate of depreciation of the home currency)5Now think of this process to repeat again and again in the banking system.A. What is the banking system’s money multiplier? B. Given the above money multiplier, by how much will the total money supply change due to the purchase of bonds by the BSP? 6. Assume this time that the government, through BSP, wants to use this P50,000 bond purchase to target an increase in the total money supply worth P350,000. Determine the required reserve ratio that will be needed in order to reach that target.