Suppose that bank of NYUSH has to pay 2,000 one year from now and 5,000 three years from now. The yearly yield is 10%. Assume that the bank hires your services in order to immunize the bank’s obligations. The bank asked you to invest in two (or one) bonds: bond A with coupon rate of 7%, face value of 100 and two years to maturity; bond B with coupon rate 5%, face value of 100 and four years to maturity. A. Write down your strategy that will help the bank (provide all your strategy in details. For example, how many units of A and B you intend to purchase). B. The moment you purchase the bonds, the yield changes to 9%. Show that the bank can still pay his obligations using your strategy. C. Does the bank still immunize after one year? If not, what does it need to do in order to be immunized again?

Beswick company your team is allocated a project involving a major client, the beswick company. although the organization has many clients, this client, and project, is the largest source of revenue and affects the work of several other teams in the organization. the project requires continuous involvement with the client, so any problems with the client are immediately felt by others in the organization. jamie, a member of your team, is the only person in the company with whom this client is willing to deal. it can be said that jamie has:

In most states, a licensee must provide a(n) of any existing agency relationships to all parties

Suppose the marginal damage and marginal benefit curves in a polluted neighborhood are md = p/3 and mb = 4 – p. also, suppose that transactions costs are low, so that the consumers and the firm can bargain. we saw that in this case, the socially-optimal level of pollution is achieved. start by computing the socially-optimal p. then, for each of the following cases, compute the amount of money transferred through the bargaining process, and indicate who pays whom (i.e., whether consumers pay the firm, or vice versa). also, compute the gains to each party relative to the status quo (i.e., the starting point of the bargaining process).a)consumers have the right to clean air; firm is dominant in the bargaining process.b)consumers have the right to clean air; consumers are dominant in the bargaining process.c)firm has the right to pollute; firm is dominant in the bargaining process.d)firm has the right to pollute; consumers are dominant in the bargaining proces