Category: Finance

INSTRUCTIONS FOR THE REPORT:
The final report should be professional containing pages in this order a title page
a table of contents page with titles and page number
an introduction – give a background, your motivation or how you planned your trading
Each section should have a title, sub-titles (if any) and must written in paragraphs
Discuss five important trades (should be one from each of these five categories) buy/sell call option
buy/sell put option
an option spread – bull/bear/calendar, straddle or any combination
buy/sell futures – currency/interest rate/index/commodity/future option
buy/sell spots
Conclusion – should include a statement about what you learned from the experience and what you would have done differently had you taken this course before taking part in the exercise
a page for references
include charts, figures or any visual tools to convey the rationale as to why you made the trade. Ensure that a Spread Table is completed – bull/bear/calendar, straddle or any combination based on the trades made (see attached Excel Spreadsheet with Transaction History)!!!!!!!!
page numbers on each page at the bottom
The final course paper should be at least 7-8 pages (double-spaced) paper where you will discuss the rationale of at least the five most important trades one from each of the five categories listed above. Critically analyze the gains or losses. This 7-8 pages does not include title page, table of contents, appendices, etc.
You can use as many graphs or charts to explain the trades you made or the technical indicators used in making the trades. The charts and graphs do not count towards to 7-8 page written report.
Give a list of the references at the end of the report. The references can be news articles, data sources used, even video links or programs that you watched. Any information that is relevant in you trading decision can be listed in the references
Use the trade notes to write the report (See Excel Spreadsheet attached)!!!!!

Scenerio: Maria Gomez is founder and president of ABC Healthcare Corporation, a company that owns hospitals, ambulatory surgical centers, urgent care centers, and outpatient clinics. She has called on you to review various financial documents and to make recommendations to maximize shareholder value.
Requirements:
Here is what your report should provide for Maria:
A summary of the financial strength of the company through your analysis of the price/earnings and price/book ratios.
The CFO for ABC Healthcare Corporation assessed the market value by reviewing its price/earnings ratios. The price/earnings ratio determines the market value of a stock as compared to the company’s earnings. The price/earnings ratios are listed in the chart below. To calculate the price/earnings ratio, the CFO took the earnings per share and divided that into the market value. As an example, this means that in 2019 investors were willing to pay $12.10 for $1 of earnings.
Price/Earnings Ratio
2019
2018
2017
Market Price
83.62
83.62
83.62
Earnings Per Share
6.91
7.87
9.15
Price/Earnings Ratio
12.10
10.63
9.14
To further assess market value, the CFO looked at book value per share. The book value per share ratio is the per share value of a company in terms of the equity available to stockholders. The book values per share over the past three years are listed in the chart below:
Price/Ratio Ratio
2019
2018
2017
Market Price
83.62
83.62
83.62
Book Value per Share
199.1
209.05
226
Price to Book Ratio
.42
.40
.37
The price-to-book ratio (P/B ratio) compares a firm’s market capitalization to its book value. It’s calculated by dividing the company’s stock price per share by book value per share. Here, for fiscal year 2019, the book value per share ratio was 0.42. This explains that investors were willing to pay $0.42 for $1 of book value equity. Price to book value is an important measure to see how much equity shareholders are paying for the net assets value of the company. P/B ratios under 1 are typically considered solid investments.
Based on your analysis, what is your general perception of the company’s financial strength? Is it performing well given industry standards? How does it compare to its closest rival, HCA Healthcare? What information do you need in order to conduct such an analysis?
Given your review, how can it maximize shareholder value? What are focus areas for enhancing shareholder value for the long term? What short-term steps might be necessary for longer-term gains?
In your analysis you may choose to look at competitive data. You may calculate ratios to gain a true comparison.
After conducting your analysis, provide at least three recommendations to Maria that maximize shareholder value.
Deliverable Format:
Create a report that tells the financial condition of this company. Your report should provide information on the following:
Analysis of the financial statements.
Evaluation of the true condition and valuation of the company.
Recommendation of actionable items for the company based on the financial analysis.
Financial condition Analysis Report Requirement:
Remember that you’re preparing a professional document meant for executive leadership with limited time.
Title Page.
Executive Summary.
Company Background.
Overall Financial Analysis.
Financial Ratio Analysis.
Trend Analysis.
Competitive Comparative Analysis.
Recommendations.
Conclusion.
References.
Appendix (if you have additional data, reports, charts, et cetera, to support your analysis).
Additional requirements:
Your report should follow the corresponding MBA Academic and Professional Document Guidelines, including single-spaced paragraphs.
Ensure written communication is free of errors that detract from the overall message and quality.
Format your paper according to APA style and formatting.
Use at least three scholarly resources.
Length: Between 4-6 pages of content, beyond the title page, references, and appendices.
Use 12 point, Times New Roman.
Evaluation:By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies through corresponding scoring guide criteria:
Competency 1: Apply the theories, models, and practices of finance to the financial management of an organization. Analyze financial ratio analysis, trend analysis, and competitive average analysis.
Competency 3: Apply financial analyses to business planning and decision making. Evaluate the provided financial statements of the firm to find its true condition and valuation.
Competency 4: Use data to support evidence-based financial decisions. Develop actionable items and conclusions, based on the analysis, recommending at least three ways to maximize shareholder value.
Competency 5: Communicate financial information with multiple stakeholders Tell the current financial story as to the overall health of the firm as it relates to current valuation and the future prospects of the company. Identify focus areas for enhancing shareholder value for the long term. Note what short-term steps might be necessary for longer-term gains.
Your course instructor will use the scoring guide to review your deliverable from the perspective of Maria Gomez. Review the scoring guide prior to developing and submitting your assessment.

Explain the efficient market hypothesis and the different forms it can take.
Relate the efficient market hypothesis to fundamental and technical analyses.
Question 2:
Explain the differences among various concepts of yield such as yield to maturity, yield to call, and anticipated realized yield. Describe the techniques for anticipating changes in interest rates.
note: each question must contain five sources.

Question 1
Discuss why cost-of-equity, ke, is generally expected to be greater than the cost-of-debt, kd, and why
ke and kd vary among securities.
Question 2
Describe the relationship between yield and price.
Question 3
Price a bond that has a face value of $100.00, pays an annual coupon of 8.00%, yields 8.00% p.a. and
matures in
a. 5 years
b. 10 years
c. 5 years and 10 years, but with a 9.00% p.a. yield
d. Given your earlier answers, which bond (the 5-year or 10-year) is more sensitive to changes in
yield?

Question 1:
Explain the efficient market hypothesis and the different forms it can take.
Relate the efficient market hypothesis to fundamental and technical analyses.
Question 2:
Explain the differences among various concepts of yield such as yield to maturity, yield to call, and anticipated realized yield. Describe the techniques for anticipating changes in interest rates.
note: To solve these two questions, each question must contain five sources.

(I have already chose the company and got you the data of the income statement the balance sheet, the beta and risk free rate) Everything you need is in the documents I sent)
You are working at an investment bank as a financial analyst, and in your role, your manager has asked you to understand more about potential investment opportunities in a UAE company. You will select which UAE company to assess. Once you have done so, you will perform a DCF analysis of that company, so that your investment bank can better understand its valuation. You will provide a write-up of your findings to your manager. In your write-up of this company, you will do the following:
Clearly identify the company you are assessing
Perform a DCF analysis of the company, which should includeCalculating the 2018-2022 FCF
Forecasting the 2023-2028 FCF
Calculating the TV and NPV of the company
Based on your DCF analysis, determine whether or not this company is a worthwhile investment for your firm and explain your rationale
IMPORTANT NOTES:
Choose a public company traded in the stock market of the country you are residing in right now.To assist you in selecting a company, please refer to the listed companies in the Abu Dhabi Securities Exchange (list) and the Dubai Financial Market (list). You should select a company that has at least 4 years of available data in Bloomberg (please ensure that you can find the data before selecting the company).
In your DCF analysis, to arrive at an appropriate valuation: Estimate FCF for 2022 (assume 2022 as Year 0 and include it in your valuation), project it over the next five years (2023-2028), and estimate a terminal value if you think the store will continue indefinitely (estimate a reasonable terminal growth rate).
Calculate your own WACC. Use CAPM to calculate the cost of capital. Assume a beta based on the systematic risk by looking up betas of public companies that are in the same industry and geography (Yahoo Finance shows equity betas which you will need to adjust by using Hamada’s Equation to account for the public companies’ debt; this is because you need an asset beta for your store given the assumption of no debt) or estimate your own beta using market data.
Be sure you justify the key assumptions (revenue growth rate, working capital changes, terminal growth rate etc.).
For your write-up, focus on stating and justifying your assumptions, discussing each valuation result, comparing the results across the techniques, and comparing them with recommendation(s) made by the financial analyst(s) (if available).
Your valuation techniques and estimation approach could be explained further in an Appendix.
Your models and calculations should be submitted as a google sheet. The assumptions and given values should be colored blue and your calculations should be in black. Leave the formulas and links as is. The grader should be able to follow your calculations.
You will need to attach your Bloomberg Lab data download as part of your submission.
The course-related LO’s that are #valuation (x2) and #bizstrategy (x1) will be graded based on your answers to the questions above, with each corresponding to a specific LO as described below.
In addition to this, use and tag the following GLO’s wherever appropriate: #modeling and #estimation
Be sure to follow these guidelines:
-** Do not put your name anywhere **on the assignment or on shared exhibits (Forum will track your submission). Your assignment will be graded blindly.
Be sure you submit a single PDF on Forum (do NOT submit Zip files).
Assume your audience is knowledgeable about the accounting/finance concepts we’ve covered in class and is familiar with the case facts. Don’t waste words explaining what financial concepts or terms mean from the course.
Go deep. When formulating a response, ask why. Then ask why again and justify your explanation. Back up your explanations with evidence. Integrate numbers into your arguments.
**Use no more than two significant digits **for all numbers in the text and exhibits (12%, 3.5%, or 0.46%, not .12480294). Less is more. Displaying too many digits makes numbers hard to read and actually obscures its value and intuition.
All exhibits you create yourself and referenced in your write-up must be included in the write-up itself and be properly formatted. You must also include a link to all your exhibits so that your calculations can be seen and checked (only those exhibits that appear in the write-up and are explicitly discussed will be assessed). Place your link at the very beginning of the write-up and be sure to grant your professor viewing privileges. Follow these guidelines (e.g. avoid including numbers in a calculation cell but instead, reference inputs/assumptions cells that do contain numbers; use black text for calculations and blue text for inputs).
Check your spelling and grammar. Poor writing conveys carelessness and unprofessionalism.
The course-related LO’s that are #valuation (x2) and #bizfunctions (x1) will be graded based on your answers to the 3 questions above, with each corresponding to a specific LO as described below.
In addition to this, use and tag the following GLO’s wherever appropriate: #modeling and #estimation.
Add a word count at the end of the assignment (exclude exhibits, footnotes, and the bibliography).
For assignment deadline extensions please refer to the policies section written at the end of the course syllabus.
Assignment Information
Length:1000 to 1250 words
Weight:
15%
Learning Outcomes Added
Valuation: Calculate the value of a financial asset.
BizStrategy: Formulate and analyze business strategy.

Visit the FRED Economic Research (https://fred.stlouisfed.org/) database and download and graph the data series for the interest rate on Baa-rated corporate bonds (DBAA) from January 1986 until the most recent data available.
Visit the National Bureau of Economic Research(https://www.nber.org/). and find the dates for business cycle peaks and troughs. (The period between a business cycle peak and trough is a recession).
-In this journal post, include the graph that you downloaded from the FRED Economic database. Based on the information in the graphs,
-Describe how the interest rate on these bonds typically moves just before, during, and just after a recession. Ensure you include a screenshot of the graphs.
-Discuss how the pattern for the 2007–2009 recession compares to the patterns for other recessions.
-Describe in which month you would say the financial crisis began, and in which month you would say the financial crisis ended, if you had to date the financial crisis just on the basis of movements in the interest rates on these bonds.
-Make sure to use citations

Please review Assignment Two along with the uploaded files, which you previously completed and received a good mark on. Use it as a guide to assist with this assignment. Also use the template that is provided for the assignment!
Here are the instructions for this assignment; please examine all attached files and read them thoroughly: IA5 represents is in nature a capstone assignment, with the intent of having you apply many of the concepts learned throughout the 2024 Winter Semester.
here are a few IA5 Tips and Considerations to assist as you move through the final Individual Assignment.
Tips and Considerations
1. Template: Please use the template I provided for IA5. It will help ensure you fulfill the assignment requirements.
2. Part One – Please use the figures I′ve provided in Part One. 3. Part Two – Vertical and Horizontal Analysis: for the Horizontal Analysis, apply the horizontal analysis to Income, Comparing Q1 and Q2, Q2 and Q3, and, Q3 and Q4. For the Vertical Analysis, apply the vertical analysis to the Expenses. Remember: the expense lines represent a percentage of the total expenses. Similar to the desсrіptive analysis of financial ratios in your report to the board, you will provide your desсrіptive analysis of what the horizontal and vertical analysis tell us about the financial health of the organization.
4. Part Three – Financial Ratios: Three Financial Ratios are provided for you to use in the template. Please use the ratio formulas as learned in the course. Should you choose to use other financial ratios to show the financial health of the organization, that is fine as well. When you get to the report to the board in the final section, provide a desсrіptive analysis of what the ratios tell the board about the financial health of the organization (E.g. what does the ratio generally tell us about the financial health of an organization, what does the ratio tell us about the financial health of this organization, and what do the ratios in their totality tell us about the financial health of the organization?
5. Part Four – I′ve provided a report template for you to consider using – the template provides insights into what I seek for each of the sections.

Select THREE(3) companies in different industries, listed under Bursa
Malaysia, and make sure each company that you choose used different
policies. Download any financial statement that is relevant for you for this
assignment.
ii. For each of the company, please identify the following:
▪ Permanent Asset
▪ Temporary Current Asset
▪ Permanent Sources of financing
▪ Temporary Sources of financing
▪ Spontaneuos Sources of financing
iii. From the statements, justify your answer on working capital financing policies
adopted by each company. Explain.
iv. Assess for each of the companies’s:
a) Operating cycle.
b) Cash conversion cycle.
c) Annual savings if the operating cycle is reduced by 10 days.

For this week′s assignment, you will be assessing the feasibility of a Capital Budgeting Project. Use the following Excel template to calculate the following for the Cleveland Browns who are considering renovations to their football stadium.
Payback Internal Rate of Return
Modified Internal Rate of Return
Profitability Index
Net Present Value
Assignment Details:
Calculate the above using Excel formulas and functions
Write a brief overview of the capital budgeting techniques you used and a recommendation to Mr. and Mrs. Haslem the owners of the Browns on the stadium renovation. Don′t forget to submit the spreadsheet with your name on it.