Showing 73–81 of 1959 results

  • Financing and Capital Structure

    $15.00

     

    PART 1

    • Ross, S. A., Westerfield, R. W., Jaffe, J. F., & Jordan, B. D. (2018). Corporate finance: Core principles and applications (5th ed.). New York, NY: McGraw-Hill.
      • The following two chapters deal with the capital structure of a firm, that is, how a firm will finance itself, via debt or equity. These chapters examine the features, benefits, and negatives of financing through both financing types.
        • Chapter 14, “Capital Structure: Basic Concepts,” pages 423–450.
        • Chapter 15, “Capital Structure: Limits to the Use of Debt,” pages 451–479.

    Among the two primary financing types of debt and equity, debt has features that are attractive to corporations. Since bonds are safer to investors than stock, the required rate of return to investors is lower on bonds or debt; hence, the cost to the issuing corporation is lower. Additionally, debt interest is tax deductible to the corporation, while stock dividends are not—this makes the cost of debt even cheaper than stock. However, there are risks to the issuing corporation associated with bonds, which are not present with stock financing. These include risks of financial distress, which could lead to bankruptcy.

    By learning from companies that have experienced financing mistakes, you can assess the risks and benefits of each type of financing. Prepare a post that addresses the following:

    • Explain why debt financing is the cheapest form of financing but also the most dangerous form of financing.
    • Research a company that went bankrupt because of this and explain how and why as it is related to financing.

     

    PART 2

    • Pysh, P. (2012). What is financial risk [Video] | Transcript. Retrieved from https://www.youtube.com/watch?v=-4mXnFK0ecM
    • Ross, S. A., Westerfield, R. W., Jaffe, J. F., & Jordan, B. D. (2018). Corporate finance: Core principles and applications (5th ed.). New York, NY: McGraw-Hill.
      • The following two chapters deal with the capital structure of a firm, that is, how a firm will finance itself, via debt or equity. These chapters examine the features, benefits, and negatives of financing through both financing types.
      • View the first 15 minutes of the video.

    This week you completed an interactive exercise on computing WACC. In doing so, you saw the fluctuation of WACC by employing varying amounts of debt and equity financing components.

    It is important for you to understand the cost of capital and what factors impact the level of costs because firms that can lower costs of capital typically have a better array of investing options and with that more opportunities to increase company value. As a result, all firms should strive to combine their financing mix to the point where the overall WACC is at its lowest point. This way, the lowest cost of financing will allow for a greater variety of investment projects to invest in.

    For this discussion, make sure you have completed the Calculating WACC interactive exercise in this unit’s study. Based on your experience with the exercise and the materials for this week, indicate why companies have their own individualized capital structure and resulting WACC. How does WACC and capital structure affect the attractiveness of the firms to investors?

     

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  • HR Challenge: Job Analysis and Competency Modeling

    $5.00

    HR Challenge: Job Analysis and Competency Modeling Prepare a 1-2 -page job description and competency model that follows a specified example. You will use O*Net Online to select the job.Job analysis, job competencies, and job descriptions form critical elements of employee recruiting, selection, and organizational staffing. We must understand the job, know its nature, and describe its competencies before we can announce the position and attract quality applicants. To get to this point, the HR professional must have the skill to conduct research, including employee and supervisor interviews. These interviews will contain valuable real-life information that will describe the job to be advertised and filled. For this assessment, you will be developing a position description.Assessment IntroductionScenarioJob analysis, job competencies, and job descriptions form critical elements of employee recruiting, selection, and organizational staffing. We must understand the job, know its nature, and describe its competencies before we can announce the position and attract quality applicants. To get to this point, the HR professional must have the skills to conduct research, including employee and supervisor interviews. These interviews will contain valuable real-life information that will describe the job to be advertised and filled. For this assessment, you will be developing a position description.Your ChallengeUseO*Net Online to develop a job description and competencies forany job of your choosing. The job should have five to seven competencies. Your job description and competency model should follow this example of a medical job description for a Physician Assistant:Serves in the Occupational Medicine Program (OMP), Occupational and Environmental Medicine (OEM), and other Occupational Health (OH) services and related matters.Advises on OH program development, management, administration, and evaluation. Formulates OH service policies and objectives as required. Advises on program requirements and procedures. Establishes criteria for OH program evaluations and assessments. Advises on the development, interpretation, and application of occupational health standards. Provides technical assistance on health conservation requirements, OH practices, and delivery of OH services that affect worker health as needed. Participates in epidemiological investigation of disease, illness, or accidents of particular importance to the OH program as required.Plans, coordinates, and conducts OH program consultation reviews, visits, and special studies. Evaluate the effectiveness of OH programs. Analyzes and interprets data on OH programs. Resolve complex OH problems to improve OH clinical services, health education, and wellness. Researches trends and patterns. Reports on findings and conclusions, with recommendations as needed.Reviews state and federal regulations on occupational health for organizational impact, recommending changes as needed. Develops new OH program evaluation methods and criteria. Develops standard procedures, model administrative documents, and informational material relating to the development

    and management of installation OH programs. Develops innovative and unique methods of problem solving and evaluation.ReferenceDepartment of the Army (n.d.)Army position description: Physician’s assistant. Retrieved from: https://acpol2.army.mil/fasclass/search_fs/search_fs_output.asp?fcp=zutpk3eFRtaToL2jorlGuam0buidbYGWmalTiGC7hLBmYn%2BYmKc%3DAssessment InstructionsPrepare a 1–2-page job description and competency model that follows the example given. UseO*Net Online to select the job you will describe, and include the following:•Provide a description that includes knowledge of the content information and expertise associated with the work.oAnalyze what someone in this job would need to know and be able to do. oWould they need to have special skills, training, licenses, or degrees?•Define tasks and technology skills that are aligned to the context of the environment in which the work is done.oDoes the description include details on what the main tasks and skills are?oHow does the work environment impact the work?•Create descriptions of work activities that match the context of the work.oAre the job elements described?oAre they consistent with job framework, setting, or expectations?•Develop a description of work that displays a clear connection to measurable elements of performance.oHow are things connected and do they make sense?oWould a potential job applicant be able to read the description and understand the job expectations?Review the HR Challenge: HR Challenge: Job Analysis and Competency Modeling Scoring Guide to see the criteria by which your assessment will be evaluated. Before submitting your assessment for evaluation, review your draft in SafeAssign to check your use of source material. Submission RequirementsThe deliverable for this assessment applies professional skills in Human Resources Management (HRM) to workplace situations which you will likely encounter in your day-to-day work in HRM. As part of your learning, we focus on the development of effective professional communication skills for the workplace. Your assessment should meet the following additional requirements:

    •Length: Your plan should be 1–2 typed, double-spaced pages, not including the cover and resources pages. oThe first page should be a cover sheet with your name, the course number, assessment title, and date. No other information is required on this page.oThe last page should be the reference list.•Organization: Make sure that your assessment writing is well-organized, using headings and subheadings to organize content for the reader.•Font and font size: Times New Roman, 12-point font.•Resources: Use 1–2 references from trade publications or other relevant sources. •Evidence: Support your assertions with data and in-text citations.•APA formatting: Resources and in-text citations are formatted according to current APA Style and Format guidelines.•Written communication:oSupport main points and recommendations with relevant and credible evidence. oAddress the appropriate audience, using familiar, discipline-specific language and terminology.oUse spell-check and other tools to ensure correct spelling and grammar.Note: Your instructor may also use theWriting Feedback Tool to provide feedback on your writing. In the tool, click the linked resources for helpful writing informationePortfolioYou should consider adding this assessment to your personal ePortfolio. This assessment demonstrates your ability to prepare a job description and competency model for measuring performance. This skill is necessary in a professional setting when you are trying to make strategic recommendations. You will want to organize your assessments to easily support future reflection and completion of your HRM capstone project as well as for showcasing your knowledge with employers after graduation. For more information on ePortfolio, visit the CampusePortfolio page.Competencies MeasuredBy successfully completing this assessment, you will demonstrate your proficiency in the following course competencies:•Competency 1: Develop strategic recruiting approaches and selection methods to support an organization’s talent goals.oProvide a description that includes knowledge of the content information and expertise associated with the work.

    oDefine tasks and technology skills that are aligned to the context of the environment in which the work is done.oCreate descriptions of work activities that match the context of the work.•Competency 4: Evaluate performance management systems to align with organizational needs.oDevelop a description of work that displays a clear connection to measurable elements of performance.•Competency 5: Communicate clearly, accurately, and professionally for the HR field.oSupport main points and recommendations with relevant and credible evidence. oAddress the appropriate audience, using familiar, discipline-specific language and terminology.

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  • Scope of an investment bank

    $15.00

    Instructions : For this assignment, assume the role of a middle manager at a commercial bank. Compose a memo to the C-suite of the bank that details the scope of an investment bank. Identify commercial banks that own investment banks. Capture the various services investment banks provide and how commercial banks work with investment banks. Explore SEC 10-K filings to analyze reporting statements to identify revenue generators for the banks. Finally, develop a conclusion of how the C-Suite can better utilize investment banking.

    As a standard business document, a memo does not follow APA formatting guidelines for papers. However, you must cite and reference any resources you use according to APA style.

    The standard format for a memo is:

    Memorandum

    TO:

    FROM:

    DATE:

    SUBJECT:

    Text of the memorandum written in prose, with a clear focus and point. If action is needed by the recipients, be sure to include a clear call to action.

    Be sure to include the following in your memo:

    Provide a strong overview of investment banks and the role played in the global economy.
    Include one or two examples of why and how commercial banks work with investment banks.
    Recommend a clear strategy for C-suite leadership to better utilize investment banks.
    Length: 2 to 3-page Memo, not including title and reference pages

    References: Include a minimum of 3 scholarly resources.

    The completed assignment should address all the assignment requirements, exhibit evidence of concept knowledge, and demonstrate thoughtful consideration of the content presented in the course. The writing should integrate scholarly resources, reflect academic expectations and current APA standards

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  • Efficient Market Hypothesis Versus Behavioral Finance Models

    $15.00

    Part A – Efficient Market Hypothesis Versus Behavioral Finance Models

    These resources will help you to complete this discussion:

    * Klontz, B. T., & Horwitz, E. J. (2017). Behavioral finance 2.0: Financial psychology. Journal of Financial Planning, 30(5), 28–29.

    * Ross, S. A., Westerfield, R. W., Jaffe, J. F., & Jordan, B. D. (2018). Corporate finance: Core principles and applications (5th ed.). New York, NY: McGraw-Hill.

    * Chapter 13, “Efficient Capital Markets and Behavioral Challenges,” pages 390–422. This chapter contrasts two of the primary theories of investing: the efficient market hypothesis (EMH) and the behavioral finance view. They are primarily mutually exclusive concepts and color investors’ view of how much they can impact investment returns.

    * YaleCourses. (2012). Behavioral finance and the role of psychology [Video] | Transcript. Retrieved from https://www.youtube.com/watch?v=chSHqogx2CI

    There are two primary theories of investing: the efficient market hypothesis (EMH) and the behavioral finance view. They are primarily mutually exclusive concepts and color investors’ views of how much they can impact investment returns.

    The EMH indicates that all past, present, and anticipated information is already factored in the prices of stock. Hence, it is very difficult to outperform the market. Thus, it would be prudent to just invest in market indexes such as the S&P 500 index. Warren Buffett’s mentor, famed financial pioneer Benjamin Graham, introduced the concept of the erratic Mr. Market, which is the stock market. Mr. Market is always there to buy and sell, but his prices are not necessary instructive or reflect real values. Behavioral finance models indicate that Mr. Market is unstable; thus, the markets can get too enthusiastic and bubbles can occur on the upside.

    On the downside, Mr. Market can overreact to bad news, which can result in market crashes. If investors can stay unemotional, they could take advantage of Mr. Market and buy during depressed times and sell during inflated times.

    These concepts are not only important in corporate finance with institutional investors but in personal finance for individual investors. There is compelling empirical evidence on both sides of the argument, and it will be wise to see both sides of the coin.

    After reading about the two schools of thought, which do you personally believe in: the EMH or behavioral finance? Explain why, and give examples to justify your response.

     

    Costs of Financing

    These resources will help you to complete this discussion:

    * Ross, S. A., Westerfield, R. W., Jaffe, J. F., & Jordan, B. D. (2018). Corporate finance: Core principles and applications (5th ed.). New York, NY: McGraw-Hill.

    * Chapter 12, “Risk, Cost of Capital, and Valuation,” pages 357–389. This chapter deals with one of the most well known financial concepts: the cost of capital, or how to figure the threshold rate for investment projects.

    * Edspira. (n.d.). Weighted average cost of capital (WACC) [Video] | Transcript. Retrieved from https://youtu.be/46oLXwClvkw

    * Beers, B. (2018, February 9). How is debt “a relatively cheaper form of finance than equity”? Retrieved from https://www.investopedia.com/ask/answers/05/debtcheaperthanequity.asp

    Not all financing is created equal. Some types are cheaper than others and some are riskier than others for the issuing company. This is an issue for all businesses, large and small. All businesses are striving to come up with a combination of financing that is not only safe for them but low in cost. The primary types of financing are debt/bonds, preferred stock, new common stock, and internal common stock (retained earnings). Firms will have a combination of these financing options and, as a result, will have a weighted average of their various types of cost of capital.

    It is important for you to understand the cost of capital and what factors impact the level of costs. Firms that can lower costs of capital typically have a better array of investing options and with that more opportunities to increase company value.

    For this discussion, prepare a post that considers these points:

    * How is risk incorporated to determine the weighted average cost of capital (WACC) for a company?

    * Which of the cost components that go into WACC is the most expensive form of financing to a firm, and which is the cheapest? Explain why, and indicate ways companies can lower their WACC.

     

     

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  • Is it Risk or Is it Superinvestor

    $20.00

    * Is it Risk or Is it Superinvestor?

    These resources will help you to complete this discussion:

    * Buffett, W. (1984, May 17). The superinvestors of Graham-and-Doddsville. Retrieved from https://www8.gsb.columbia.edu/articles/columbia-business/superinvestors

    * How Warren Buffett thinks about risk [Blog post]. (2016, March 9). Newstex Global Business Blogs.

    * Ross, S. A., Westerfield, R. W., Jaffe, J. F., & Jordan, B. D. (2018). Corporate finance: Core principles and applications (5th ed.). New York, NY: McGraw-Hill.

    * These chapters advance the concept of risk by relating it to return. The concepts of risk and return are directly correlated. They affect investment and capital project selection and are incorporated in corporation and investment value.

    * Chapter 10, “Risk and Return: Lessons from Market History,” pages 287–315.

    * Chapter 11, “Return and Risk: The Capital Asset Pricing Model (CAPM),” pages 316–355.

    * Risk management is used by all investors and corporations. This discussion will help you understand how world-class investors manage risk. These risk management concepts will be employed in the Unit 10 assignment, Financial Engineering to Enhance Shareholder Value. To gain a full understanding of the impact of risk on the success or failure of capital projects, you should strive to see the different views of risk and that all should be considered.

    Warren Buffett is the most successful investor in our lifetime, and he employs capital budgeting tools and risk assessments before he decides to invest. After reading the two articles on Buffett, how would you assume Warren Buffett employs capital budgeting and risk management in selecting which companies to buy? How do his ideas on risk differ from academic metrics and concepts of risk? Which are more reasonable? Why is the academic definition of risk different from the definition of risk by “superinvestors” like Buffett, Munger, and Graham?

    Response Guidelines

    Read the posts submitted by your fellow learners, and prepare a response to at least two other learners. You may use these ideas to craft substantive response posts:

    * Raise additional points not considered, and explain the relevance.

    * Identify gaps you noticed in the logic or argument.

    * Suggest other ways of thinking about or uses for the ideas or information.

    * Connect ideas to your own experiences and observations to elaborate on the main ideas.

    * Come up with your own way to “dig deeper” into the posts.

    * Whether in academia or in a professional setting, you should strive to support your thoughts and ideas with current research and cite your sources using APA style.

    Learning Components

    This activity will help you achieve the following learning components:

    * Examine multiple potential strategies and the impacts on the financials of the firm.

    * Apply ratio analysis to proposed recommendations.

    * Provide a report that is a concise examination of the potential strategies with a rigorous justification.

    * Select a firm and examine the various strategies to employ cash; make a recommendation to potentially increase shareholder value; justify the recommendation based on revised financial ratio analysis and research that illustrates similar situations.

    * Resources

    * Discussion Participation Scoring Guide.

    * Toggle Drawer

    * [u07d2] Unit 7 Discussion 2

    * To Diversify or Not Diversify

    There are many types of risk: market risk, business risk, financial risk, interest rate risk, reinvestment risk, and unsystematic risk. Some can be eliminated, some can be reduced, and some have to be tolerated. Companies and investors seek to reduce risk and eliminate risk, so when they have to tolerate risk they can be aware of the risks and monitor them.

    You should not only be aware of risk but know how to mute its effects. This discussion allows you to identify risks and see what can be done to mute them.

    Diversification is a known portfolio risk reduction technique. Some big investors use this technique and some do not believe in diversification.

    For this discussion, suppose you are a financial advisor who desires to reduce portfolio risk for your client. Prepare a brief memo to your client that advises him or her on the action you believe would reduce the risk; in other words, should your client diversify or not diversify?

    In your memo, indicate the option you want your client to take, and then explain why this option is the best one. Make sure you support your reasons with examples, readings, and other relevant information.

    Lastly, it is important to assess your own risk. When you think about your career portfolio, what is the level of risk in:

    * Your career vision – Can you articulate your desired career goal/outcome/going?

    * Your resume – Is it up to date, well written, and customized to your target role?

    * Your LinkedIn profile – Is it complete, up-to-date? Are you engaging with others on LinkedIn?

    * Your interview skills – Are you prepared to showcase your knowledge, skills, and abilities for your next job or communicating within your existing role to advance your career?

    * Your network – Who are you connected with who will help you get to the next job you want, inside and/or outside your existing organization?

    *

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  • Commercial Banking and Financial Institutions

    $25.00

    For your assignment, develop a paper that identifies the similarities and differences of several financial institutions, specifically the commercial bank. The purpose of this assignment is to develop an understanding of financial institutions and the interconnection on a global scale. Thus, the goal is to provide focused detail on the institutions you choose to review, especially the commercial and central banks. Conclude the paper with your informed opinion on how central banks around the globe work with each other.

    Be sure to include the following in your assignment:

    Identify and describe one of the nine types of financial institutions.
    Provide an examination of the commercial bank and its importance in the domestic environment.
    Explain the role of central banks and the impact on the global economy.
    Produce a table or chart in the body of the paper that compares the financial institution you chose with the role of the central bank and commercial bank.
    Determine the differences for income generation.
    Describe a regulation for each financial institution.
    Length: 5 to 7-page paper, not including title and reference pages

    References: Include a minimum of 5 scholarly resources.

    The completed assignment should address all the assignment requirements, exhibit evidence of concept knowledge, and demonstrate thoughtful consideration of the content presented in the course. The writing should integrate scholarly resources, reflect academic expectations and current APA standards.

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  • HR Challenge: Choosing a Performance Appraisal System

    $15.00

    Prepare a 3-4-page plan that states your recommended course of action and analysis to leadership for selecting a performance appraisal system in the provided scenario.Workplace appraisal systems are extremely challenging and the differences among appraisal systems are quite significant. Although intended to be beneficial for HR-related decision making and a vehicle for determining raises, promotions, training, retention, and much more, most people see workplace performance appraisal systems as an uncomfortable and disagreeable process. The reasons for these perspectives by employees, supervisors, and HR professionals typically have to do with incomplete or inaccurate choice of performance appraisal methods. In this assessment, the SHRM behavioral competencies of Leadership and Organizational Navigation and Consultation and Critical Evaluation as well as the HRM content knowledge areas of Workforce Planning and Employment and Human Resource Department will be important for supporting your recommendation for a new performance appraisal system.IntroductionScenarioYou are a newly hired HR professional in a medium-size community hospital, which is in a growing mid-western city. The hospital is a general health care services setting with no competition in the local area. The hospital has board-certified fellowship medical professionals who offer superior care to all the hospital’s patients. The mission of the hospital is to support a comprehensive range of health care for the local community and surrounding area.The hospital has grown from two HR staff members to six HR professionals supporting over 700 employees and the same performance appraisal system has been in place for several years. The hospital administration team is not all that comfortable with any system of appraisal but has accepted that one is required.The hospital currently has a healthy employee engagement program. Part of the program is a yearly organizational satisfaction survey that over time has provided employee input about what they perceive as a lack of performance appraisal effectiveness. Some employees feel the current performance appraisal system is not capable of identifying struggling employees. The same small group of employees feel that the current performance appraisal system is inflated. At the same time, it is also described as not having the capacity to recognize the best performers in the organization. There is a stated desire from a small minority of

    employees for a performance appraisal system that can better differentiate performance outcomes. This is particularly important in an organization with a broad spectrum of health care professionals who range from surgeons to custodial staff, all essential to the hospital’s success.The current performance appraisal system is similar to the traditional academic evaluation system and it has five levels of performance: superior, outstanding, contributing substantively, developing, and needing improvement. The leadership in the hospital insists that a new three-level (3-superior, 2-contributing substantively, and 1-needing improvement) will favorably respond to the employees’ viewpoint. This new appraisal system that tracks the assignment of each performance level by employee would limit how many threes would be given every year, thus most people in the organization would fall into the category of proficient. This has led to loud feedback from a majority of employees who feel they are not accurate recognized or valued. In fact, the new performance appraisal has negatively impacted overall employee morale.Your ChallengeAs an HR professional in the organization, you desire the best outcome for your organization and its employees, and are not sure if this three-level system would be best. Your challenge is to select the best course of action among the following options and recommend that action to the leadership team. You can recommend 1) they retain the current five-level performance appraisal system, 2) they adopt the three-level system with forced-distribution preferred by the leadership team (3-superior, 2-contributing substantively, and 1-needing improvement), or 3) they adopt an alternative appraisal system from any source.Instructions Prepare a 3–4-page plan that states your recommended course of action. Along with your recommendation, include the following:•Analyze how your proposed HR solution to an HR challenge contributes to organizational goals and strategies.oIdentify 5–6 performance appraisal systems and their attributes and then selectone type for the third alternative in this scenario before making a decision.oWeigh the impact on each group as you consider the three options. The majority did not complain about performance appraisal inflation and the minority did. What are the implications of rejecting the minority’s request for what they see as a rational and effective system? What are the consequences of having a majority or employee–rated system?

    oInclude the barriers, consequences, or outcomes that you see for the course of action you have chosen.•Explain the role of the HR practitioner in advancing a proposed HR solution.oBriefly explain the role you will take to influence the eventual outcome. Consider aspects of leadership, negotiation, and consultation.•Discuss the application of any SHRM behavioral competencies to the process of solving an HR challenge.oWhich SHRM behavioral competencies do you think are most directly applicable to a successful resolution of this challenge, and why?Additional RequirementsThe deliverable for this assessment applies professional skills in HRM to workplace situations that you will likely encounter in your day-to -day work in HRM. As part of your learning, we focus on the development of effective professional communication skills for the workplace. Your assessment should meet the following additional requirements:•Length: Your plan should be 3–4 typed, double-spaced pages, plus the cover and resources pages.oThe first page should be a cover sheet with your name, the course number, assessment title, and date. No other information is required on this page.oThe last page should be the reference list.•Organization: Make sure that your assessment writing is well organized, using headings and subheadings to organize content for the reader.•Font and font size: Times New Roman, 12 point.•Resources: Use 2–10 resources from peer-reviewed articles. •Evidence: Support your assertions with data and/or in-text citations.•APA formatting: Resources and in-text citations are formatted according to current APA style and formatting.•Written communication:oSupport main points and recommendations with relevant and credible evidence.oAddress the appropriate audience, using familiar, discipline-specific language and terminology.oUse spell-check and other tools to ensure correct spelling and grammar.Note: Faculty may use the Writing Feedback Tool when grading this assessment. The Writing Feedback Tool is designed to provide you with guidance and resources to develop your writing based on five core skills. You will find writing feedback in the Scoring Guide for the assessment, once your work has been evaluated.Portfolio Prompt: You may choose to save this learning activity to your ePortfolio.

    Competencies Measured By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies:•Competency 1: Analyze the ways in which the human resource function contributes to individual and organizational performance.oDiscuss the application of any SHRM behavioral competencies to the process of solving an HR challenge.•Competency 3: Explain the strategic role of human resources in the support of organizational goals in a multicultural and global environment.oAnalyze how a proposed HR solution to an HR challenge contributes to organizational goals and strategies.•Competency 5: Analyze the strategic and operational roles that a human resource practitioner plays within an organization.oExplain the role of the HR practitioner in advancing a proposed HR solution.•Competency 6: Communicate clearly, accurately, and professionally in the human resource management field.oSupport main points and recommendations with relevant and credible evidence.oAddress the appropriate audience, using familiar, discipline-specific language and terminology.

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  • Bond and Stock Valuation

    $15.00

    Part A

    These resources will help you to complete this discussion:

    • Ross, S. A., Westerfield, R. W., Jaffe, J. F., & Jordan, B. D. (2018). Corporate finance: Core principles and applications (5th ed.). New York, NY: McGraw-Hill.
      • Chapter 5, “Interest Rates and Bond Valuation,” pages 130–164. This chapter illustrates the employment of time value of money concepts to determine the value of corporate debt/bonds and common/preferred stock.
    • McCracken, M. (n.d.). Bond valuation [Video] | Transcript. Retrieved from http://www.teachmefinance.com/bondvaluation.html

    The time value of money concepts are used to compute financial instruments like corporate debt and bonds. All investments are ultimately tied to cash, how much is received, and how quickly it is received. The concepts employed here are the same valuation concepts that you will use to complete the Unit 6 assignment, Evaluation of Capital Projects.

    In this discussion, examine the way cash flows are analyzed to determine prices for financial securities and how these securities relate to enterprise value. Imagine you have graduated with your MBA, and your grandmother has asked your advice on a bond that her broker has recommended. She sent you the following e-mail:

    Hi there! I just met with Amanda Ritter—you know, that broker I was telling you about at dinner the other night. Anyway, Amanda says I should consider buying some bonds, but I have no idea what to do. I have some questions for you.

    • What information do I need to determine the suitability of a bond?
    • What type of information do I need to determine the price of the bond?
    • What factors could impact the bond price, going forward?
    • What else should I think about so I can make an informed choice on whether to buy the bond or not?
    • Are there good resources that you can send to me? (I’d love to read them and start educating myself on bonds.)

    Thanks for your help. It would be great if you could e-mail your answers and send me a list of resources by the end of the week. I’d like to prepare before meeting with Amanda again. Thanks!

    Prepare a post that addresses your grandmother’s questions, and include a list of resources that will help her to understand bonds and bond valuation.

    Response Guidelines

    Read the responses that were sent to the hypothetical grandmother. Put yourself in the role of the grandmother, and respond to two of the responses you want to seek clarification about.

    Whether in academia or in a professional setting, you should strive to support your thoughts and ideas with current research and cite your sources using APA style.

    Learning Components

    This activity will help you achieve the following learning components:

    • Compare the indicated projects with correct computations of capital budgeting tools.
    • Make rational decisions based on correct computations.
    • Analyze capital budgeting metric and indicate decisions in a concise manner.
    • Make correct decisions as to which projects will add the most value to the firm.
    • Use capital budgeting tools and then use the data to evaluate capital projects that will add the most value to the firm.

     

    Part B

    Impacts to Common Stock Prices

    These resources will help you to complete this discussion:

    • Ross, S. A., Westerfield, R. W., Jaffe, J. F., & Jordan, B. D. (2018). Corporate finance: Core principles and applications (5th ed.). New York, NY: McGraw-Hill.

    The primary way a stock price is valued is the employment of the time value of expected cash flows that the company will generate. Most of the time, a metric to monitor future cash is earnings. This is why earnings per share (EPS) is probably the most watched financial ratio on the market. It is anticipated that earnings will turn into cash, which would enrich shareholders through the issuance of cash dividends and the repurchases of shares so that current shareholders will own a bigger share of the company earnings and resulting value.

    Knowing how stock prices are impacted is key knowledge for financial management, since its primary goal is to increase the firm’s stock price. Knowledge of how increased earnings and cash flows can be generated by a firm’s investments can greatly influence the attractiveness of said investments to the firm.

    As a business professional, you should realize how stock prices fluctuate and how a company can influence directly and indirectly its own stock price. However, the prices calculated in academic formulas typically vary significantly from the actual market price traded on the stock exchanges. This shows how there are so many factors that impact stock price beyond the time value of money and growth formulas.

    For this discussion, you are the CFO who accompanied the CEO to the annual shareholders’ meeting. The CEO gave an excellent speech that outlined the company’s strategic plan, for which he received thunderous applause and praise. Later that week, the CEO calls you, angrily demanding that you, as the CFO, explain to him why the price of the stock was unmoved by his performance and, in fact, dropped.

    In your post, provide an explanation to the CEO about what impacts the stock price and what factors cause stock prices to rise and fall. Plus, you will need to indicate why actual market stock prices sometimes vary greatly from academic stock valuations via formulas.

    Response Guidelines

    Read the posts from your fellow learners. As the CEO, select two posts to respond to. You may want to ask additional clarifying questions or just add additional insights to the posts.

    Whether in academia or in a professional setting, you should strive to support your thoughts and ideas with current research and cite your sources using APA style.

    Learning Components

    This activity will help you achieve the following learning components:

    • Compare the indicated projects with correct computations of capital budgeting tools.
    • Make rational decisions based on correct computations.
    • Analyze capital budgeting metric and indicate decisions in a concise manner.
    • Make correct decisions as to which projects will add the most value to the firm.
    • Use capital budgeting tools and then use the data to evaluate capital projects that will add the most value to the firm.

     

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  • Aliko Dangote – Coursework Brief BMG 936

    $15.00

    Coursework Brief

     

    BMG 936 Semester two

    This coursework consists of two parts:

     

    PART A – You are required to develop a case study on an international entrepreneur from a country of your choice.  1500 words maximum excluding references. (50% marks)

     

    PART B – After constructing your case study, you are then required to discuss which themes from the extant literature are confirmed/disconfirmed by your case international entrepreneur. A summary table is always very useful as part of this section. 1500 words maximum excluding references. (50% marks)

     

    This gives you an opportunity to apply many of the concepts explored in the module.  Your report must be supported by academic research and relevant data and with reference to specific examples.

     

    Assessment Guidelines

    • The assessment will take the form of an individual written word-processed essay of 3000 words in total, (+/- 10%) including intext references and citations, but excluding reference list, contents page and any appendices.
    • Detailed guidance will be given during the semester and supplemented by material under the assessment tab on BBL.
    • This element of coursework accounts for 100% of the overall assessment. Students should refer to the generic Level 7 marking criteria and the marking sheet included in the handbook, to provide them with fuller details of marking criteria.
    • View additional ‘Standard Assessment Guidance,’ (see handbook) for further guidance applicable to all coursework elements.

     

    FEEDBACK

    Work will be marked electronically with feedback provided via Blackboard no later than 20 working days after the submission deadline

     

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