Strategic and Financial Valuation of Carlsberg A/S Master Thesis – Finance and Strategic Management 30th of September 2011 Cand. merc. FSM Department of Finance Copenhagen Business School Author: Andri Stefánsson Supervisor: Carsten Kyhnauv Strategic and Financial Valuation of Carlsberg A/S Executive summary The main objective of this thesis was to determine the theoretical fair value of one Carlsberg A/S share on the 1st of March 2011. Carlsberg A/S is the world´s 4th largest brewery
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Strategy‚ Analysis and Evaluation STRATEGIC RECOMMENDATIONS FOR WIMM BILL DANN Report prepared by: Georges A. Bouverat Reg. # 200556668 Kinsey Kenneth W. Gregson Reg. # 200563139 Kinsey Stephen Hopkinson Reg. # Kinsey Jennifer Quinton Reg. # Kinsey Robert Reynolds Reg. # Kinsey Anna C. Seidel Reg. # 200653802 Ledaig Executive Summary (300-400 words) From Workbook‚ pg 121: “…should be a short‚ high-level report in its own right‚ in which you should communicate
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the US therefore‚ the company has two options: 1) the company can deposit their money on US saving account with a 1‚75% interest rate for a duration of 7 months. 2) The other option for the firm is to buy Euros on the spot market for 0‚58% on European account (also for a duration of 7 months). After the period of 7 months it can exchange euros for dollars. This exchange is against the 7 month forward rate. The exchange is arbitrage-free therefore‚ both options one and two should gain the same yield
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Internationalisation project IKEA enters the South American market Executive Summary In this essay‚ we will discuss an internationalisation option for IKEA: entering Brazil. IKEA is an established leader in the flat-packed furniture market. Its’ success is based on effectively delivering their value proposition: wide range of products that are well designed‚ at affordable prices. This is possible due to economies of scale and scope‚ shifting assembly from the IKEA value chain to the
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Proceedings of the 2005 Winter Simulation Conference M. E. Kuhl‚ N. M. Steiger‚ F. B. Armstrong‚ and J. A. Joines‚ eds. RISK MANAGEMENT IN SUPPLY NETWORKS USING MONTE-CARLO SIMULATION Léa A. Deleris Feryal Erhun Department of Management Science and Engineering Stanford University Stanford‚ CA 94305 U.S.A. ABSTRACT Trends such as (1) globalization‚ (2) heavy reliance on transportation and communication infrastructures‚ and (3) lean manufacturing have led to an increase in the vulnerability of
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How would you explain to Mary the relationship between risk and return of individual stocks? The relationship between risk and return is believed to be positive. In other words‚ the return is simply considered as a compensation for bearing risk. That basically means the potential return rises as the rate of risk increases. So in order to get a higher return we need to invest in riskier project. So if we were to invest in a high risk securities the return would be higher‚ in return if the market
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Mercury Athletic Footwear: Valuing the Opportunity Team 10 / Mergers and Acquisitions West Coast Fashions‚ Inc (WCF) was a large business‚ which dealt with men’s and women’s apparel. One of their segments was Mercury Athletic Footwear. WCF wanted to dispose off this segment. They just wanted to divest because they wanted to focus more on their core business and move it up to the elite class. John Liedtke was the Business Development Head at that time in Active Gear Inc. He had a clear idea that
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exchange exists for many options contracts and futures contracts. Exchange-traded derivatives are standardized and backed by a clearinghouse. Forwards and swaps are custom instruments and are traded/created by dealers in a market with no central location. A dealer market with no central location is referred to as an over-the-counter market. They are largely unregulated markets and each contract is with a counterparty‚ which may expose the owner of a derivative to default risk (when the counterparty
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in complete disagreement with the bill. Not only that but Dr. Woodward and the American Medical Association knew nothing about the hearing until two days before the bill was passed. To be able to debate the question: "Should marijuana be a medical option?" you must first see if marijuana has medical values. Dr. Joycelyn Elders noted in the Providence Journal of Rhode Island: "The evidence is overwhelming that marijuana can relieve certain types of pain‚ nausea‚ vomiting and other
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The Youth Criminal Justice Act contains non-custodial sentencing options that are not available to adults. State each of these options and argue whether or not they are appropriate for youths and not for adults. Sentencing Option 42 (2) (a) Sentencing option 42(2) under the Youth Criminal Justice Act is to reprimand the young person. Reprimand is a severe reproof or rebuke in this case by a person of authority. -This option is appropriate for the youth than it is for the adults for many reasons
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