How are the principals of Arundel Partners planning to make money by buying rights to sequels? Essentially‚ a sequel right is similar to a call option. If a movie turn out to be a hit and the sequel could be profitable‚ Arundel would exercise the sequel right by producing the film itself or selling the right to another investors. If the sequel might cause a loss‚ Arundel could simply give up the right. The sequel right gives Arundel the opportunity to break-even costs of production with a successful
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Executive Summary: A group of investors (Arundel group) is looking into the idea of purchasing the sequel rights associated with films produced by one or more major movie studios. Movie rights are to be purchased prior to films being made. Arundel wants to come up with a decision to either purchase all the sequel rights for a studio’s entire production during a specified period of time or purchase a specified number of major films. Arundel’s profitability is dependent upon the price it pays for
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EF5052 INVESTMENTS CASE 3 Arundel Partners: The Sequel Project GROUP 8 : Ngai Chiu Wing Edward / 51042814 Ng Cheuk Yiu Hugo / 50649257 Lau Chau Nan‚ Evelyn / 9700 4330 Kuo‚ Constantino / 5106 4265 Pang Hhong Yu‚ Francesca / 50191000 Ng Ka to‚ Irin / 9747 5858 Suen Hung Kit‚ Philip / 5114 4321 Kuok‚ Kenneth / 5101 2428 Estimate the per-film value of a portfolio of sequel rights such as Arundel proposes to buy. You will try two different methods to solve this problem: some appropriate
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Moodle. In class‚ you will have 10 minutes to present your solution‚ followed by a class discussion. You may want to prepare slides (max. 7) to support your presentation. “ARUNDEL PARTNERS: THE SEQUEL PROJECT” State clearly all assumptions that you make and defend their choices whenever possible. 1. Why do the principals of Arundel Partners think they can make money buying movie sequel rights? Do you expect any major film studios to be interested in the sort of arrangement described in the case? Why
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Valuation and financing enterprises Professor Robert S. Hansen Case guide questions For some helpful ideas‚ have a look at “How to do case analysis”‚ it is on the web site. 1) Marriott 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. Are the four components of Marriott’s financial strategy consistent with it’s growth objective? How does Marriott use its estimate of its cost of capital? Does this make sense? What is the weighted average cost of capital for Marriott Corporation? What risk-free
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Write a critical appreciation of An Arundel Tomb paying close attention to language‚ form and imagery. The poem "An Arundel Tomb" by Philip Larkin was written in 1955 and was included in his 1964 anthology ‘The Whitsun Weddings’. It tells the story of a man (arguably Larkin himself) who rents a room and discovers by looking at the apartment the monotonous life of the person who used to live there‚ Mr Bleaney. As the poem progresses‚ the man starts identifying himself to Bleaney and it is here where
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Study questions: These questions are intended to get you started on your analysis and to focus your attention on a few critical points. They are not necessarily the final goal of your analysis. Oracle Systems: 1. TYPO: The two quarterly figures‚ $230‚187 and $174‚673‚ listed as “General and admin” in Exhibit 1 should be listed as “Total operating expenses”. 2. NOTE: Exhibit 6 presents common-sized financials for the industry‚ not Oracle systems. 3. On a scale of 1 to 100‚ rate the financial
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What’s changed 52 N52 Hillsborough Crookes Broomhill Sheffield Darnall Handsworth Woodhouse Mill Woodhouse From 28/10/2012 From Sunday 28 October 2012 changes will be made to the times of First and Stagecoach journeys on service 52 and to the times and route of service N52. Service N52 will operate hourly principally between West Street and Woodhouse only. Service N52 operates in the early hours of Saturday and Sunday mornings only. It is operated by Stagecoach and special night fares will
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EM and Presentation Guidance Questions BW/IP 1. Was Borg-Warner’s Industrial Products Group a good candidate for a leveraged buyout in 1987? Evaluate the price paid and the structure of the deal that closed in May 1987. Are you optimistic about BW/IP’s prospects? 2. Do you favor the proposed acquisition of UCP? What are the primary sources of value in such a transaction? Is the proposed price reasonable? 3. How do the various features of the BW/IP buyout affect the company’s decisions about long-horizon
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Death in Larkin and Abse Death pervades The Whitsun Weddings and in Ambulances is reflected on in terms of the significance of our response to seeing an ambulance stop. Passers-by view them as ‘confessionals’‚ secretive‚ mysterious places where we confront our deepest nature. They are impersonal and unpredictable‚ resting ‘at any kerb’ and reminding us of our mortality because ‘All streets in time are visited’. The contrast of the mundane reality of a visit to the shops with the ‘wild white
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