Treasury, Foreign Exchange and Financialization Essay

Treasury, Foreign Exchange and Financialization - Essay Example The table below which is labeled – Table 1 shows the principal repayments schedule for the $200mn facility provided by Toronto Dominion Bank (TD). These were used as a basis for calculating the interest payments in the appendix. ... This has resulted in a difference of $2.4m in overpayment. These repayments were used as a basis in calculating the interest payments in the appendix. The table in the appendix shows the most likely scenario, a high interest scenario and a low interest scenario for CRP as a basis for deciding which of the three hedging strategies is most favorable. The interest payments on the swap option were calculated semi-annually in keeping with the requirements of that option. The interest rates used to calculate the quarterly interest payments were adjusted to reflect the effects on the interest paid interest on the loan by the corresponding hedging strategy. Therefore, the information does not reflect whether CRP or the other party gained from the interest rate swap, interest rate cap or the interest rate collar hedging strategies. The aim of the schedule is to determine which hedging strategy provided the best option in terms of being the least expensive for CRP. The table in the appendix sh ows the interest payments on the $200mn loan under the three hedging strategies and for each scenario. Most likely scenario Table 2 indicates that under the most likely scenario the interest rate swap option provides the best hedging alternative with a required interest payment of $53.7mn and an average interest rate of 11.31% for the three year period (interest remaining fixed throughout the period). This compares favorably with a required interest payment of $59mn and an average interest rate of 11.65% on the interest rate cap option. The interest payment required on the interest rate collar option is $59.6mn with an average interest rate of 11.77%. The loan agreement indicates that the interest rate charged on the hedging instrument should not exceed

Students with Intellectual Disabilities Coursework

Students with Intellectual Disabilities - Coursework Example Students with intellectual disabilities face the dilemma of high-stakes testing. Some students with intellectual disabilities are expected to complete such tests although the tests are beyond their capabilities. The expectations set by professionals are too high as students with intellectual disabilities are expected to learn from the same curriculum as those without disabilities. In some institutions, they are seen as the cause of school failure to attain federally mandated goals of sufficient yearly progress. Even though learning the core curriculum is essential for students with intellectual disabilities, there are several disadvantages of setting the standards too high. Students with intellectual disabilities face the challenge of self-determination during their transition from childhood to adulthood. There is a difficulty of understanding the concept of self-determination in the transition process. They receive little assistance from parents and teachers in using their self-dete rmination skills. In the end, they are not sufficiently prepared to face the IEP team and participate in meetings. In addition, teachers face some barriers in teaching self-determination. Firstly, based on traditional special education instruction models, teachers assume that students with intellectual disabilities cannot comprehend the decisions made during transition and IEP meetings. Secondly, the program design for the individual needs of students is not compatible with the expectations set by IDEA and NCLB.