Category: Finance

Assignment Overview
For this assignment, Questions 1 and 3 are computational in nature. Questions 2 and 4 are conceptual questions. So make sure to thoroughly review the required background readings and make sure you understand the material at a conceptual level and also understand the steps involved in the computations.
Case Assignment
Please download the Case 3 Template. You will type your answers into this document. Save the document with your last name and submit to the dropbox. Note that you will get partial credit if you show your work even if the answers are incorrect.
Using a dividend discount model, what is the value of a stock that pays an annual dividend of $5 that is not expected to grow and the discount rate is 10%? What will be the value of the stock if the dividend is expected to grow 5% per year?
Explain whether each of the following is systematic or unsystematic risk using references to the required background readings:
There is a large recession.
It is discovered that a company lied about its earnings and it is not nearly as profitable as they claimed.
The CEO of a successful company gets arrested for some serious crimes, and the company has trouble finding a good replacement.
Use the CAPM to calculate the following:
The expected return of a stock with a beta of 2, and risk-free rate of 1%, and a market return of 7%.
The beta if the expected return of the stock is 8%, the risk-free rate is 2%, and the market rate of return is 6%.
Do you think the following companies would have a high, low, or average beta? Explain your answer using references from the background readings and your knowledge of CAPM and beta:
The ACME Umbrella company’s stock goes up a lot when it rains, but goes down when it is sunny. Nothing else but the weather seems to impact ACME’s stock price.
Vultures, Inc., specializes in buying assets of bankrupt companies at a discount. Vultures’ stock price seems to go up whenever other companies are doing poorly and going bankrupt, but goes down when other companies are doing well and they have few bankrupt companies to prey on.
Unoriginal, Inc., can never decide what products they want to focus on so they make many different products in several different industries. They also invest much of their profits into 100 or so other companies that are listed on the stock exchange.
*******REFRENCES******
Chapter 17 and 19 is in the files 
https://www.investopedia.com/investing/beta-know-risk/
https://openstax.org/books/principles-finance/pages/15-3-the-capital-asset-pricing-model-capm
https://openstax.org/books/principles-finance/pages/15-5-using-excel-to-make-investment-decisions
https://openstax.org/books/principles-finance/pages/11-1-multiple-approaches-to-stock-valuation
https://openstax.org/books/principles-finance/pages/11-2-dividend-discount-models-ddms

PLEASE MAKE SURE ANSWERS ARE ACCURATE AND CALCULATED CORRECTLY

Module 7 Discussion Topic
Assume that you are the CFO of a company contemplating a stock repurchase next quarter. You know that there are several methods of reducing the current quarterly earnings, which may cause the stock price to fall prior to the announcement of the proposed stock repurchase. What course of action would you recommend to your CEO? If your CEO came to you first and recommended reducing the current quarter’s earnings, what would be your response?
Introduction of DQ7
Hopefully, in both your course textbook readings and now in several of the discussions we have had throughout this course, you are getting a good idea of how the financial manager may have to face various ethical types of issues in their daily job and responsibilities.
Also, you should be getting a feeling that if the financial manager or key managers in the Company do not make the correct, ethical decision given a set of circumstances, what type of detrimental effect this could have on the Company’s shareholders, employees, customers, and suppliers.
I am looking forward to reading your thoughts on this pretty important, controversial, and challenging ethical question! Please keep in mind:  if the stock price goes down, it will cost the Company less money to buy back its shares, which is actually in the best interest of the Company…….

Part 2
In this part of your assignment, you will compose an analytical study reporting your results from Part 1 (attached as a file). The CEO of your company is forming a task force to review the financials and present a review for acquisition of ABC Company. Based on ABC’s previous 3 years of financials, determine if this would be a good acquisition. You must form the task force to complete the task.
The CEO would like most of the departments to participate in the process. Using each department’s area of expertise, what information would each of the following departments contribute to the final decision? Provide a minimum one-paragraph response for each department.
Finance Department
Sales Department
Marketing Department
Human Resources
Legal Department
Part 3
After your team has provided their input on the effect the acquisition will have on their department, perform an overall analysis to explain your recommendation to the CEO. Your analysis should include the following:
– Explain how the company is trending based on the year-over-year ratios.
– Compare the company to the industry average in Appendix A in the Excel workbook in areas of profitability, management effectiveness, and efficiency.
– Based on the above, summarize the pros and cons of ABC Company using both the year-over-year ratio analysis from Part 1 and the industry average comparisons from Part 3.
– Provide the team’s final recommendation as to whether or not the CEO should invest in ABC Company.
Your paper should follow this format:
Title page with each team member’s name that participated on the team project
Introduction: the purpose of the analysis
Analysis with subheadings of Part 1, Part 2, and Part 3
Recommendation (overall conclusion)
Reference page
Your paper must also include the following:
It must be a minimum 500-word informative essay (2–3 pages) in addition to the title page, references, etc. It must be in Times New Roman or Arial 12-pt font, and double-spaced.
You should paraphrase the material and use in-text citations to justify your discussion. Avoid using quotations.
It must be formatted in current APA style with citations to your sources, and your reference page should list all references used.

Main research question: How will automation of flight data entry and analysis tasks impact the roles, responsibilities, skillsets, and contribution to financial decision-making within the Statistical Department at Princess Juliana International Airport (PJIA)?
Sub-questions: 1. What are the current roles and responsibilities of the Statistical Department at PJIAE, with a specific focus on tasks related to flight data entry and analysis that contribute to financial decision-making?
2. How can automation be implemented to streamline flight data entry and analysis processes within the Statistical Department, specifically to enhance their contribution to financial activities?
3. What new skills and expertise might be required of Statistical Department staff as their tasks shift due to automation, with a focus on financial analysis and reporting?
4. How can the Statistical Department leverage automation to generate new financial insights and reports that support improved financial decision-making at PJIAE?
For context:I worked at the Statistical Department within the Finance Divison. we worked in a AFD Manager (entering flight movements into the system and AFD Billing system), during which it came aware that the data entry in the AFD Manager can be automated. This will allow the employees in the statisitics department more time to further help the finance department. For example determine KPI′s, expand research in geographical regions/segments, and assist in improving airport operations. All of which will fully utilize the main propose of the statistical department.
Important Info
The order was placed through a short procedure (customer skipped some order details).
Please clarify some paper details before starting to work on the order.
Type of paper and subject
Number of sources and formatting style
Type of service (writing, rewriting, etc)

The task is to replicate a research paper titled “international evidence on
ethical mutual fund performance and investment style” by author. Bauer, Rob ; Koedijk, Kees ; Otten, Rogér
Journal of banking & finance, 2005-07, Vol.29 (7), p.1751-1767. 
The task is to rertieve recent data from recent years and to apply the methodology and rewriting/
replicating that article with the recent data and methodology.
I will upload an instruction sheet on what is required.

Must post first.
Financial executives insist that there should be no separation between an individual’s personal ethics and his or her business ethics. “It’s a jungle out there” and “business is business” should not be excuses for engaging in unethical behavior. Many firms have ethics codes which are based on economically rational concepts such as integrity and trustworthiness, which guide the decision maker in attempting to increase shareholder wealth. Of course, some employees sometimes choose to not comply with their firm’s ethics code.
How do ethics codes apply to project selection and capital budgeting? What are the potential risks to a company of unethical behaviors by employees? What are potential risks to the public and to stakeholders? Please explain how Saint Leo’s core value of integrity is reflected in your answer.
You must start a thread before you can read and reply to other threads

I need to fill in the data for a company Excel is attached. The Company is Columbia Sportswear 
1.When you are done, you are making a recommendation and it is not some amorphous third party, but to yourself. Put simply, would you buy or sell the stock? We need to write a paragraph about it. 
2. Example attached. For Columbia Sportswear, we  need to prepare data like its given in the sample. It a group project so in the sample there are 5 companies involved. We have to do each section for Columbia Sportswear only.
Citations are not required

This is a maximum of 3,000 words (no more than 3,000). Also, there are many, many detailed requirements within this assignment – for example, there will be a requirement to make the appropriate EXCEL spreadsheets and a requirement to collect data in FT.COM. At the same time, some of these topics require the use of a template (one of the EXCEL files I uploaded)

Module 4 Discussion Topic:
What does the efficient market hypothesis (EMH) say about securities prices, their reaction to new information, and investor opportunities to profit? What is the behavioral finance challenge to this hypothesis?
Do you personally believe the EMH argument or the behaviorist argument?
Introduction of DQ4
The efficient market hypothesis is an important concept, not only in Finance but also in this course. The behavioral finance challenge to the EMH is also very interesting and an important part of the reaction of stock markets to new information, both good and bad.  Just look at the reaction of the stock market to the Malaysian Airlines airliner shot down………..the markets dropped significantly that day on a global basis, but the following day, they bounced back dramatically, wiping out most of the previous day’s gains.
Efficient Market Hypothesis
There are many empirically-based research studies proving, to the extent possible, that the EMH is real, and the market (stock market) efficiently reacts to new information, both good and bad, almost instantly when the information is released, or slowly over time, as the market ‘impounds’ the value of the information received into the stock prices.  I am looking forward to your DQ postings related to the EMH……………do a Google search on the EMH, and you will be inundated with information on this subject.