Project description Instructions This coursework tests your basic financial mathematics and statistical modelling skills, using spreadsheet software (Excel formulae, financial maths, graphical features, Data Analysis and Solver tools) as well as your awareness of the reality of how financial products work. Your answers are to be presented in an essay/reportformat, for which you will use a word processor. In writing your report, please: ? state and explain all assumptions, on which your answers are based; ? clearly indicate your answer/recommendations; ? no evidence of use of excel will resultin a fail mark for this element ofthe coursework component of your mark; ? support any answers with the appropriate calculations to arrive atthe answer; ? include selected screens of formulae underlying computed values. Failure to demonstrate you have created appropriate formulations on excel will be severely penalised. Despite the factthat you will be submitting the Excel file as well, your Excel file as well, your reportis a stand-alone document, meaning a reader should not be required to look atthe Excel file to understand your analysis, findings and recommendations; ? please note that adequate usage of the excel calculations in the reportis important. This means thatthe key data/findings needs to be included in the report and appropriate referencing needs to be done, i.e.the relevant cell/table/range in the relevanttab of the excel file mentioned atthe point of the report when it should be consulted. The report will have a maximum of 10 pages (including any Appendixes; penalties will be applied for longer submissions you are required to develop your judgement on what is and isntimportant). Ten percent ofthe total mark is allowed for quality ofthe presentation and these marks are distributed among the questions. Deadline: The coursework is to be submitted on Moodle no later than 8.00pm on 14 th August 2015. You will need to submit a Word document with the report(see instructions above) and an Excel file with the calculations. If in doubt on how to submit both files on Moodle, please contact Dilip Parmar in the course office allowing sufficienttime for him to clarify any doubts you have in advance of the submission deadline. Also, please note thatlate submissions will be penalised, no matter how small and irrespective of computer or internet crashes or any other last minute unexpected problem, so make sure you plan your submission allowing problem, so make sure you plan your submission allowing enough time to overcome any last minute problems. This includes keeping up-to-date back-ups of your work! Notes: This coursework is your own (individual) work. Any student found guilty of plagiarism will be penalised. Standard penalties for late submissions are applicable