國際金融風(fēng)險(xiǎn)管理ppt課件-在線瀏覽
2025-02-26 08:41本頁面
【正文】 ← ———————— ↑? ∣ 6% 的英鎊利息 ∣? 英鎊貸款人 美元貸款人 ? 第三個(gè)步驟：期末換回本金 ? 16萬美元 ? A公司 ——————→ B 公司? ↑ ← —————— ↑? ︱ 10萬英鎊 ︱? 英鎊貸款人 美元貸款人 ? 2) 利率互換。? 美國的 A公司和 B公司有相同的融資要求。 A公司與 B公司進(jìn)行了利率互換交易。 pay a fixed rate of 5% per annum every 6 months for 3 years on a notional principal of $100 million? Next slide illustrates cash flowsMillions of DollarsLIBOR FLOATING FIXED NetDate Rate Cash Flow Cash Flow Cash Flow, 2022 %Sept. 5, 2022 % + – –, 2022 % + – –Sept. 5, 2022 % + – +, 2022 % + – +Sept. 5, 2022 % + – +, 2022 % + – +Cash Flows to Microsoft(See Table , page 151)Typical Uses of anInterest Rate Swap? Converting a liability from? fixed rate to floating rate ? floating rate to fixed rate ? Converting an investment from ? fixed rate to floating rate? floating rate to fixed rate Intel and Microsoft (MS) Transform a Liability(Figure , page 152)Intel MSLIBOR5%LIBOR+%%Financial Institution is Involved(Figure , page 153) .LIBOR LIBORLIBOR+%% %%Intel MSIntel and Microsoft (MS) Transform an Asset(Figure , page 153) Intel MSLIBOR5%%%Financial Institution is Involved(See Figure , page 154) Intel . MSLIBOR LIBOR%%%%The Comparative Advantage Argument (Table , page 157)? AAACorp wants to borrow floating? BBBCorp wants
公司管理相關(guān)推薦
鄂ICP備17016276號-1