student The Company I am choosing is BlackRock. I will need you to create a research paper, finish ...
student The Company I am choosing is BlackRock. I will need you to create a research paper, finish an Excel spread sheet, and create a PowerPoint. Here are the in-depth instructions. The Project to be addressed by the Paper: You have just graduated from Keiser University’s MBA program and have secured a position as a fund manager for a well-known investment banking house. You have been given $25 million to manage/invest in a single stock. The fund is a pension/retirement fund, so its perspective is long term with moderate risk of loss of capital and a required return of 9% per annum. Your assignment is to determine if the fund you are managing should invest $25 million dollars in the stock of the company you have selected. Select a publicly traded US based company (BlackRock) Your decision to invest or not invest will be supported by the research paper, Excel spreadsheet of ratios, and a Power Point Presentation showing a SWOT analysis. NOTE: Most of the data needed for this assignment can be found in Yahoo/finance or SEC.gov. Your analysis, based on the concepts covered in this course, will address each of the following: 1)Financial Ratio Analysis (Week 2): Analyze financial ratios and cash flow measures of the company relative to its historical performance. For purposes of this research paper a 2 year look back is sufficient and required. You must use the Piotroski Method and discuss in detail the company’s profitability, capital structure, and operating efficiency based on the ratio results and comparison to its competitors. Show your calculations and use reputable sources. What trends are occurring? What are the company’s financial strengths and weaknesses? Research two (2) articles to review (one (1) peer reviewed not more than 5 years old and one (1) current year article from a reputable website. Minimum two (2) pages not including title and reference page using APA format including an Excel spreadsheet. 2)Business Strategy and Annual Report Analysis (Week 4): Discuss the business strategy and competitive strategies of the company based on the notes in their most recent 10K annual report Item 1A Risk Factors. 3)Prospective Analysis (Week 6): Create a forecast of future cash flows for the next five (5) years using the current income statement. First estimate the growth rate of revenue and expenses, to derive estimated earnings before interest and taxes. Then estimate the interest expense and tax liability to derive the net come. Create a proforma Income Statement for your company for the next 5 years and complete a sensitivity analysis. 4)During Week 7, you will combine your article reviews together as one complete research paper and add the following conclusion: Will you or will you not invest $25 million in this particular Company? Support your conclusion? Remember a negative conclusion is just as valid and valuable as a positive conclusion. What are your companies financial and strategic strengths, weaknesses, opportunities, and threats? Use the attached SWOT framework as your guide. Most important: make recommendations and answer the overarching question: to invest or not to invest? Research two (2) articles to review (one (1) peer reviewed not more than 5 years old and one (1) current year article from a reputable website. Minimum two (2) pages not including title and reference page using APA format. (a) Review and summarize the areas on the annual report that discuss: Risk Factors., Strategic, Operational and Competitive Risk, Infrastructure Risks, Supply Chain and Third-Party Risk, Economic, Global, Legal and External Risks, Financial Risk. What is the company doing to mitigate the impact of these risks? (b)Management’s Discussion and Analysis of Financial Condition and Results of Operations, what outlook does the company have for its business, its subsidiaries, its product line? Mergers or acquisitions or Goodwill transactions? (c) Review and summarize any research found regarding any public announcements of restatement of earnings or criticism due to ethics or misrepresentation? (d) What is your company’s BETA? What does it mean regarding your company’s risk? Compare the beta to its competitor Research two (2) articles to review (one (1) peer reviewed not more than 5 years old and one (1) current year article from a reputable website. Minimum three (3) pages not including title and reference page using APA format. Calculate and share the results of your company's Free Cash Flow, Value of Operations, and Value of Equity. Calculate your company’s Weighted Average Cost of Capital (WACC) and use the Capital Assets Pricing Model (CAPM) to estimate the cost of equity. (Hint: take a look at Yahoo/finance - analysts opinion). Discuss your findings. Research two (2) articles to review (one (1) peer reviewed not more than 5 years old and one (1) current year article from a reputable website. Minimum three (3) pages not including title and reference page using APA format. Conducting Library Research: Participate in a research orientation offered by the graduate librarian. Use Keiser University’s library LIRN database. Use my list of reputable sources for non-peer-review news sources. Writing the Paper: The following are general guidelines for format and organization. Format: 1)Minimum of ten (10) pages (not including self-prepared exhibits, title page or reference page), with numbered pages. 2)Typed, double spaced. 3)New Times Roman (i.e. business) font, 12 point. 4)Margins – 1 inch 5)Include boldface headings and subheadings. 6)Note source citations as appropriate under APA 7th edition guideline. Please use in-text citations. See the attached template for assistance with the organization. Preparing the Presentation: Presentations will be made in class during the last day of class. The presentation will be supported by 7 to 10 Power Point slides and will last not more than 10 minutes (Executive Committee length). Please see the week 8 instructions. Show all of your calculations clearly, number your responses, and write in your own words and complete sentences if writing is required. Please include APA format in-text citations and references, if you cite any sources. Requirements: Minimum of ten 10 pages (not including self-prepared exhibits, title page or reference page) | .doc file Requirements: Indicated | .ppt file Make sure the company is BlackRock and complete everything that is missing on the Excel spreadsheet.
