WHAT IS DERIVATIVE?
- 33 Answers
- 53859 Views
- FACT, FactSet Systems, India Infoline, I also Faced
- E-Mail Answers
Answer Posted / ramalingam
Derivatives are monetary agreement for which the base
value is derived from the values of some underlying
assets. The underlying assets are shares, bonds,
commodities and also their common indecies.
| Is This Answer Correct ? | 6 Yes | 1 No |
Post New Answer View All Answers
Can you please help me calculate the pre tax profit for credit card for 2014 using the following Assumptions. Request you to list the steps used. Charges Late fee £12 per occurrence Over limit fee £10 per occurrence Cash fees 3% of cash withdrawal value Annual Fee £25 per account, per year Interchange 1% of transaction value KPIs Accounts overdue 10% per month Accounts over limit 15% per month Average APR 30% Balances revolving 90% of balance Average balance £900 at end of 2013 Expected growth in average balance (2014) 10% per annum Assumptions Open accounts 200,000 at 2013 year-end New accounts booked 5,000 per month Annual operating cost £50 per open account Cost of Acquisition £50 per account Provision rate 9% of total balances Annual cost of funds 4% by balance Charge off Unit charge-off rate in 2014 11% of accounts at 2013 year-end Unit charge-off rate in 2014 0% of accounts booked in 2014 Post charge-off recoveries 20% of balance Account Transactions Monthly turnover 5% of total month end balances Cash advances 20% of monthly turnover Additional Assumptions Please state any additional assumptions you have made to calculate your answer Thanks in advance,
Short Answer on ___________Appreciation
where we use the convetion of conservatisam in real life??
commisiion recieved journal entry and receipt required
What is the difference between Risk, Threat & Hazard?
HOW I CAN PREPARE A BALANCE SHEET OF A COMPANY ?
1. what is debenture? 2.Why company will issue shares? 3. What is audit? 4. What is the role of finance department? 5. What is mutual fund?
Entrance Exam question & Answer required
Tell me about how you have left a position better than you found it
What do mean by Computerization of accounts
I have been interview in next week my posting is accounts officer i have be manage with AP,AR,BRS and GL what Books i have read.
What type of Questions are asked for Interview in Infosys - Financial Process. Any one who is into Research Analyst or Process Executive role, kindly contribute the Questions faced by you?
Is WCT paid to be considered as overhead during costing in construction firm?
What Settlement details are required on the delivery instruction slip?
What is the procedure to take loan
