Thesis and Rough Copy When it comes to writing an essay, the thesis statement can oftentimes be the most daunting experience for most students. When writing a thesis, here is what you must keep in mind and follow 1) Your thesis must only be 1 sentence in length 2) Your thesis statement should appear at the end of your introduction (it should be the final sentence written in your introduction) 3) The thesis should not be written in the form of a question or quote, but rather a strong statement. 4) If I just read your thesis statement without reading the other part of your introduction, I should know right away what you will be writing your essay about because the thesis should be clear and to the point. With that all said, here is what you will complete for this assignment! * DO NOT COMPLETE THE NEXT ASSIGNMENT UNTIL YOU HAVE RECEIVED FEEDBACK FROM ME ON THIS ASSIGNMENT* #1- Thesis Statment Creation! (10 Marks) For this part of the assignment, I want you to write your first idea for your thesis statement at the top of a page, and then write it 3 more times after that so that the last thesis that you write is strong, clear and concise. So in the end, you will write your thesis 4 times, the first time is a general thesis and the 4th one should be your good and final thesis statement. Think of a funnel, you want your thesis to go from a general focus to a strong central focus. #2- Your rough copy! (15 Marks) After you have completed your rough copy and you are confident with it you can submit it to the Thesis and Rough Copy dropbox for me to have a look. Please ensure that secondary sources that you found for your essay are cited and well integrated into your body paragraphs. The rough copy of your essay should contain a strong 4-5 sentence introduction with a clear thesis, 3 body paragraphs of at least 8-10 sentences and a conclusion of 4-5 sentences! Get writing!
15 June, 2015
Week 7 Homework Order Description Chapter 14: Exercises/Problems: #1 and #3 pp. 523 - 524 1.[DCF Valuation and Ownership Concepts] The venture investors and founders of ACE Products, a closely held corporation, are contemplating merging the successful venture into a much larger diversified firm that operates in the same industry. ACE estimates its free cash flows that will be available to the enterprise next year at $5,200,000. Since the venture is now in its maturity stage, ACE’s free cash flows are expected to continue to grow at a 6 percent annual compound growth rate in the future. A weighted average cost of capital (WACC) for the venture is estimated at 15 percent. Interest-bearing debt owed by ACE is $17.5 million. In addition, the venture has surplus cash of $4 million. ACE currently has five million shares outstanding, with three million held by venture investors and two million held by founders. The venture investors have an average investment of $2.50 per share while the founders’ average investment is $.50 per share. A. Based on the above information, estimate the enterprise value of ACE Products. What would be the value of the venture’s equity? B. How much of the value of ACE would belong to the venture investors versus the founders? How much would the venture be worth on a per-share basis? C. What would be the percentage appreciation on the stock bought by the venture investors versus the investment appreciation for the founders? D. If the founders have held their investments for five years, calculate the compound annual or internal rate of return on their investments. The venture investors made a first-round investment of 1.5 million shares at $2 per share four years ago. What was the compound annual rate of return on the first-round investment? Venture investors made a second-round investment of 1.5 million shares at $3 per share two years ago. Calculate their compound rate of return on this investment.
15 June, 2015