Theme IV: PROBLEM 3-4 ADDENDUM

This assignment is designed to develop financial research skills and evaluate information from different sources. The assignment consists of both a written portion and an oral presentation. The total points for this assignment is 70 points allocated as follows:

Written 50

Oral   20

  70

You may select any New York or American Stock Exchange-listed public company that has significant outstanding debt. In order to avoid duplications, you must e-mail your professor of the proposed company.

In addition to the requirements of the problem, the assignment has been expanded to include the following:

1. Compute the debt:equity ratio for the last 3 years and explain any fluctuations.

2. Determine the amount of dividends, if any, paid for the past 3 years. Explain any significant fluctuations.

3. Compute the book value per share of the common stock as of the most recent balance sheet date. Find the market value of the stock and explain why there is a difference. Your answer should be specific to your company and its curcumstances.

The written portion of the assignment should be in the form of a narrative report, should be of professional quality and should not to exceed 5 pages (plus attachments). Be sure to attach a copy of the relevant portions of the annual report (not the entire report), the Moody’s summary, and the source of the market value (be sure a source and date is indicated).