Were any of the government s enterprise funds profitable during the year? If so, what has the government done with the earnings ? Has it transferred them to the general fund?

The original Seven Essays, in a cool, new outfit ...

Email - [email protected]

Is the statement on a direct or an indirect basis?

27

DecWhat specifically is a hedge fund? Why is it difficult to define hedge funds as a specific asset class?

Should hedge funds be more regulated or is limiting hedge funds to sophisticated investors sufficient?

How would you conduct an attribution analysis of a hedge fund manager? What obstacles currently exist with hedge fund manager performance evaluation.

How would you address hedge funds in a client s investment policy statement?

27

Dec
Categories: General Questions

Comments Off

A) How would the abnormal earnings calculations in Table 8 5 change if the cost of equity assumption is changed to 12%?

B) What will Wal Mart s cost of equity be if the equity market risk premium is 5 percent?

C) Let s change the problem a little and calculate the weighted average cost of capital (WACC):

Assume that Wal Mart changes its capital structure so that its market value weight of debt to capital increases to 20%, and its after tax interest rate on debt at this new leverage level is 4%. Assume that the equity market risk premium is 7%. What will be the cost of equity at the new debt level? What will be the weighted average cost of capital?

a) what is the value of the account after the $3 withdrawal?

b) what is the trailing P/E and forward P/E for this account

27

Dec
Categories: General Questions

Comments Off