Magnetic properties Bimetallic cluster Nanostructures Work function Approximation theory Cobalt Electronic properties Hamiltonians Hartree-Fock approximation Magnetic moments Nanostructured materials Palladium 36.40.Cg 61.46.+w 75.50.-y 75.70.Rf A. Insulators A. Metals A. Nanostructures Band structure Bimetallic clusters Bimetals Cobalt clusters Computational methods Cubo-octahedral structure Electric insulating materials Electronic density of states Electronic structure Fermi level Finite-size effects