Management & Corporate Hedging Disclaimer: This set of slides was prepared for the ISUP summer course at Copenhagen Business School (CBS). It may contain errors. Do not cite or distribute without the authors‘ prior consent. The slides are accompanied by an online Wiki covering all topics and calculations. The Wiki script is also available in print. Dr. Jakob Müllner Vienna University of Business and Economics Agenda Graduate Course I. Introduction Organizational Matters FX Markets and Quotations
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CHAPTER - 7 SOURCES OF BUSINESS FINANCE • Introduction: (14 Marks) Business cannot be run without money. Funds required to carry out business is called Business Finance. This chapter throws light on how the finances for the business can be arranged‚ what are the sources of funding and what terms and conditions are governed with each type of funding. • Sources of Funds : 63 • Share: The amount of capital to be raised from public is divided into units of equal values. These units are known
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starting a business from scratch; acquisition‚ or buying an existing business; and strategic alliances established with the help of a partner. II0. Strategic Change A0. Strategic Change is the movement of a company away from its current state to some future state to increase its competitive advantage and profitability. B0. There several types of strategic change. Among them are: 10. Reengineering‚ a process in which managers focus not on the company’s functional activities‚ but on the business processes
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Student ID: 22082804 Exam: 060321RR - Business and Finance Basics I When you have completed your exam and reviewed your answers‚ click Submit Exam. Answers will not be recorded until you hit Submit Exam. If you need to exit before completing the exam‚ click Cancel Exam. Questions 1 to 25: Select the best answer to each question. Note that a question and its answers may be split across a page break‚ so be sure that you have seen the entire question and all the answers before choosing an answer.
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------------------------------------------------- Finance de What’s and Why’s | * | | 1/19/2013 1/19/2013 Contents 1. Why finance? 2 2. Why banking? 2 3. Areas of banking 3 4. Corporate Banking 4 I. What is corporate banking? 4 II. Why corporate banking? 4 III. What are the roles in corporate banking? 4 5. Asset Management 5 I. What is Asset Management? 5 II. Why Asset Management? 6 III. What are the roles in Asset Management? 6 6. Transaction
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percentage form after paying all the variables costs‚ such as wages and raw materials. By using operating profit (gross profit minus operating expenses) and net sales‚ it shows a company’s efficiency in controlling the cost and expenses that related with business operations (Wilkinson‚ 2013). Generally‚ a high percentage of operating profit margin indicates a good condition for a company because the company not only has the ability to control its expenses but profit can be obtained. Besides that‚ if there
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at fixed intervals until maturity. The amount that she must pay will be the original sum of the loan (the principal) as well as an interest on her loan. Other characteristics of debt are that the bank has no interest in the future profits of the business
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safer BP. 2 3 4 8 10 12 15 Information about this report Business review: Group overview BP at a glance Chairman’s letter Group chief executive’s letter Energy outlook Our business model 20 22 28 30 32 Our strategy Our performance Our key performance indicators Our management of risk Cautionary statement Business review: Group overview Business review: BP in more depth Pages 3 – 32 Pages 5 – 00 Pages 33 – 100 33 Business review: BP in more depth 34 38 46 51 55 57 59 Financial review
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Project vs Firm Risk and the Impact of Leverage The SML and WACC § Consider 100% equity financed firm § Beta = 1 E/V = 1! D/V = 0! § WACC =? E D WACC = × RE + × RD × (1 − TC ) = RE V V WACC = Cost of equity from CAPM [ ] WACC = RE = R f + β × E [RM ] − R f = E [RM ] Beta =1! 2 SML and WACC SML Expected Return WACC = E[RM] Rf [ R f + β × E [RM ] − R f ] β=1 Beta 3 Accept Projects Y and/or Z? Expected Return IRRz WACC = E[RM]
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5/3/2013 Nalanko Maaren Manampathy S R | the kid club | Business plan for a recreational facility | The main idea of this project is to provide inputs on my business plan to open a recreational facility for kids under the age of 10. I have also taken time off to design a business structure‚ cost of purchasing equipment and cost of setting up the facility. Recreational facilities for kids have been part of the entertainment and sport industry for so many years now. Since my facility is
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