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Flashcard 149677848

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#currency-swap #finance
Question
This is a currency swap, the exchanged cash flows are in different denominations and so are not netted. An example of such a swap is the exchange of fixed-rate US dollar interest payments for floating-rate interest payments in Euro. This type of swap is also known as a cross-currency interest rate swap, or [...] swap.

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t denominations and so are not netted. An example of such a swap is the exchange of fixed-rate US dollar interest payments for floating-rate interest payments in Euro. This type of swap is also known as a cross-currency interest rate swap, or <span>cross currency swap.<span><body><html>

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Currency swap - Wikipedia, the free encyclopedia
illa interest rate swap) because they are denominated in different currencies. As each party effectively borrows on the other's behalf, this type of swap is also known as a back-to-back loan.[3]Last here, but certainly not least important, is <span>to swap only interest payment cash flows on loans of the same size and term. Again, as this is a currency swap, the exchanged cash flows are in different denominations and so are not netted. An example of such a swap is the exchange of fixed-rate US dollar interest payments for floating-rate interest payments in Euro. This type of swap is also known as a cross-currency interest rate swap, or cross currency swap.[4] Uses[edit] Currency swaps have three main uses: To secure cheaper debt (by borrowing at the best available rate regardless of currency and then swapping for debt in desired currency






Flashcard 150903040

Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
For most goods, the sign of income elasticity is positive-an increase in income leads to [...] in demand. Goods for which this is the case are termed normal goods.
Answer
an increase

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For most goods, the sign of income elasticity is positive-an increase in income leads to an increase in quantity demanded. Goods for which this is the case are termed normal goods.

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Flashcard 150905769

Question
In mathematics, the finite element method (FEM) is a numerical technique for [...]
Answer
finding approximate solutions to boundary value problems for partial differential equations.

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In mathematics, the finite element method (FEM) is a numerical technique for finding approximate solutions to boundary value problems for partial differential equations.

Original toplevel document

Finite element method - Wikipedia, the free encyclopedia
People Isaac Newton Leonhard Euler Émile Picard Józef Maria Hoene-Wroński Ernst Lindelöf Rudolf Lipschitz Augustin-Louis Cauchy John Crank Phyllis Nicolson Carl David Tolmé Runge Martin Wilhelm Kutta v t e <span>In mathematics, the finite element method (FEM) is a numerical technique for finding approximate solutions to boundary value problems for partial differential equations. It uses subdivision of a whole problem domain into simpler parts, called finite elements, and variational methods from the calculus of variations to solve the problem by minimizing an as






Annotation 150905969

An equation
X k,l=1 N X i,j=1 a ij (x 1 , . . . , x N )α ki α lj η k η l = N X k=1 λ k η 2 k .

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