1. INTERNATIONAL INVESTMENT REPORT Darlena Pagan Southern New Hampshire University

2. AUSTRALIAAND BANK OF AMERICA ANNUAL INCOME REPORT 998.3 89 1 2 AUSTRALIA AND BANK OF AMERICA ANNUAL INCOME REPORT ANNUAL INCOME (BILLION) Australia Bank of America

3. Australia Background (Source: CIA (2014) and The British Monarchy (n.d) INDEPENDENCE DAY: 1901 COMMONWEALTH REALM QUEEN ELIZABETH II AS SOVEREIGN 22 MILLION PEOPLE OPEN MARKET SELF-SUFFICIENCY COMMON LAW SYSTEM BASED ON THE ENGLISH MODEL 0 100 200 300 400 500 600 GDP Real Growth Unemployment Overall Risks FDI Growth Rate 2011 expectation Export Import Australia Background Percentage Amount

4. AUSTRALIA POLITICAL, ECONOMIC, AND FINANCIAL RISKS Delay Decision Making in Legislation Elective Transformation Recession Risk Macroeconomics Creating Policies Source: Political Monitor (2014) Source: World Fact Book (2014) by CIA

5. AUSTRALIA POLITICAL, ECONOMIC, AND FINANCIAL BENEFITS Property Rights 89.8% Freedom From Corruption 90% Financial Freedom 89.9% Business Freedom 90% Investment Freedom 90% Overall risk indicators 80% Source: 2014 Index of Economic Freedom. (2014).

6. AUSTRALIA CREDIT RATE Standard & Poors: AAA Moodys: Aaa Fitchs: AAA Source: Trading Economics (2014)

7. BANK OF AMERICA BACKGROUND 229 YEARS Bank of America (1764-Present) Established: 1904 Headquarter: Charlotte, North Carolina Banking and Financial Services Annual Income: $89 billion 57 million consumers 10 million banking customers now use mobile (Source: Bloomberg, 2012) Operations in more than 40 countries Source: Encyclopdia Britannica (2014)

8. BANK OF AMERICA BACKGROUND 6 ACQUISITIONS 229 YEARS 1983 Washington State Bank Seafirst Corporation 1991 Security Pacific Corporation 2004 Fleet Boston Financial Corporation 2006 MBNA Corporation 2007 U.S. Trust Corporation 2009 Merrill Lynch Source: Encyclopdia Britannica (2014)

9. BANK OF AMERICA MERRILL LYNCH CREDIT RATINGS Entity Fitch Moody's Standard & Poors Outlook Negative Stable Negative Long-term senior unsecured A Baa2 A- Short-term F1 P-2 A-2 Subordinated debt BBB Baa3 BBB+ Trust preferred BB+ Ba1 BB+ Preferred stock BB Ba3 BB+ (Source: Bank of America)

10. RECOMMENDATION Conduct an Empirical Research Use Quantitative and Qualitative Methods Pricing Strategy & Regulation Understand the psychological behavior in Political Risk Understand the sociological relationship in Political Risk Understand what connects the community with political reviews Study the Macroeconomics Crisis Global Strategy Develop a Public Social Relationship Conduct surveys on Internal and External Affiliates Keep up to date with legislation Keep up to date with elections Keep up to date with governmental policies Compare the Company with other countries from the Index of Economic Freedom

11. REFERENCES 2014 Index of Economic Freedom. (2014). Australia, Retrieved from http://www.heritage.org/index/country/australia Bank of America. (n.d). 1764, Retrieved from http://message.bankofamerica.com/heritage/#/timeline/1764 Bank of America. (April 16, 2014). Credit Rating, Retrieved from http://investor.bankofamerica.com/phoenix.zhtml?c=71595&p=creditratings#fbid=yUWE- xXHRGY/hashlink=BofA Encyclopdia Britannica(2014). Bank of America Corporation, Retrieved from http://www.britannica.com/EBchecked/topic/51984/Bank-of-America-Corporation

12. REFERENCES Bloomberg. (April 29, 2014). 2013 revenues at Bank of America Corporation totaled $89.8B, Retrieved from Trading Economics. (2014). Australia | Credit Rating, Retrieved from http://www.tradingeconomics.com/australia/rating The World Fact Book. (2014). Australia-Oceania, Retrieved from https://www.cia.gov/library/publications/the-world- factbook/geos/as.html USD, while annual earnings equaled $0.90 per share, Retrieved from http://investing.businessweek.com/research/stocks/earnings/earnings.asp?ticker=BAC

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