You are required to identify, and critically evaluate a hostile acquisition. You must reference the source of information regarding the hostile takeover case.
Please consider the following;
“Examine a hostile acquisition and discuss the tactics employed by both the predator and the target companies.
Please discuss a real life example of the hostile take-over and which of the tactics, you have just discussed, were used”
Category: Finance
Benefits do using a single currency
What benefits do using a single currency, the euro, provide to European countries?
Challenges European Central Bank face
What challenges does the European Central Bank face in developing monetary policy for the EU?
Effect of a weak euro
What is the effect of a weak euro on European exporters? What is the effect on European consumers?
Yahoo Finance
- Go to Yahoo Finance: http://finance.yahoo.com/ and look up Tesla options: https://finance.yahoo.com/quote/TSLA/options/
Note the share price on the day you do this assignment (note the date, but do this before March 19). Go to the March 172023 calls and puts prices on the same date (choose your own strike prices).
Use your own examples to construct the following strategies.
Using Excel, write out the tabular payoff matrix in each case:
i) Bear spread using puts
ii) Bull spread using calls
iii) Long butterfly spread using calls
iv) Straddle
- On February15th2023, the CBOE’s VIX index http://www.cboe.com/vixwas trading at 18.58. Explain how you would interpret this figure in terms of the US stock market.
NB: Form your own view as to whether VIX will increase or decrease from this level by the end of March 2023. Assume you will trade 100 options.
Using your own strike prices from the following options chain http://www.cboe.com/delayedquote/quote-table?ticker=vix analyse fully any two (2) strategies based on VIX options that you could employto profit from this opinion.
Other strategies are here http://www.cboe.com/strategies/product-specific-strategies/vix
In addition, explain any 1 strategy that you could employ using VIX futures to profit from the same view https://www.cboe.com/products/futures/vx-cboe-volatility-index-vix-futures
NB: Calculate the subsequent profit or loss on your strategy on or beforeMarch 19, 2023. Note you will need to use the appropriate multipliers for VIX options and futures.
Explain briefly what factors(risk, reward, cost, etc.) you considered in designing theseVIX strategies.
RENTAL INCOME – TRIANGULAR
RENTAL INCOME – TRIANGULAR CASE
A person who is a resident in Italy owns a property in France and rents it to a person who is a resident of a third State, named Oskia. The tenant pays the rent from an Oskian bank account to the Italian bank account of the Italian landlord.
France (Property)
Italy (Landlord)
Oskia 11 (Tenant)
The local applicable rules are as follows:
• Italy provides for the world-wide taxation of individuals resident in Italy;
• France provides for the taxation of rental income deriving from property located in France
• Oskia provides for the taxation of rental income when the payment is made by an Oskian resident.
What would be the applicable regime if the treaty between Italy and France and the treaty between Italy and Oskia were identical to the OECD Model Tax Convention? And what if there was no treaty between Italy and Oskia?
The most current days of working capital (DWC)
Select a company of your choice, and calculate the most current days of working capital (DWC) that are available. Review page 656 in the textbook, and
watch the short video segment “Working Capital,” which is one of the required unit resources in this unit. In addition to your calculations, include the
information below in your essay.
1. How does this company’s ratio compare to those of its competitors?
2. Why is comparing this ratio to the industry average important?
3. Explain how a well-managed supply chain can come into play here.
Islamic Finance
Extensive Literature review about Islamic Finance.
The different elements of Islamic Finance- Murabaha, Musharakah, Ijara, and Islamic Sukuk.
Academic and practitioner.
INSURANCE Kaiser-Permanente Obesity session
INSURANCE (Kaiser-Permanente Obesity session)
Compare the decisions K-P made in the obesity program discussed in that case discussion with the investments we studied in the Seaman’s case.
[a] Specifically, how do the economics faced in the two cases differ? How would these conditions affect your decisions?
[b] Should the financial evaluation of a program (K-P Obesity) be essentially the same as what we did for the three types of physical investment for Seamans of differ in some material way? Explain?
VALUATION (Medfield Pharmaceutical session)
VALUATION (Medfield Pharmaceutical session)
Consider the current sale of Oak Street Health to CVS as discussed in the attached article in Appendix B.
[a] How can you explain the purchase price by CVS of $10.6 billion (i.e., $39 per share–a 50% premium over the prior equity value of Oak Street) when they are still losing $200 million each year?
[b] How can each site of Oak Street do so well when their customers are almost all covered by Medicare and Medicaid and come from largely disadvantaged populations?
[c] How can you determine a total market value for a firm like this and what is the source of it? Would you buy more stock at the current price or sell what you have for $39 per share? Why?