Assignment:
Part 1:
Select a publicly held company and analyze its capital-structure, applying the theories and principles
As part of your final research paper, complete all of the following parts by the end of unit:
Part I: The Abstract: Complete yet concise, at least 200 words.
Part II: Table of Contents
Part III: Preliminary reference list: Four academic references, with descriptions. Make sure that your references are academic. Make sure you add a few sentences as to why each reference is specifically important to your paper.
Part I: The Abstract: Complete yet concise, at least 200 words.
The abstract should be at least 200 words for a detailed description. If you go well over 200 words, as long as it is good content and adds to the material, I have no issues and it will most likely improve the grade by showing extra effort. Research papers, theses and dissertations include an abstract-a short, concise summary of your research. The abstract should include the keywords of your research. An abstract generally emphasizes, objective, the methodology, the main findings and conclusions of the research study.
Part II: Table of Contents
The Table of Contents page is a one page detail of the topics and subtopics. The more detailed the number of topic subheadings listed the more thought you have provided to this paper. A very brief outline will receive a deduction.
Part III: Preliminary reference list
Four academic references, with descriptions. Make sure that your references are academic. Make sure you add a few sentences as to why each reference is specifically important to your paper. Part III References should provide only academic references from scholarly material as your first 4 listed references.
You can not use your textbook or any other non-scholarly material as a graded reference.
What is a scholarly publication or reference? It is generally a white paper, original research but most typically a Journal article. No, not the Wall Street Journal, that is a business publication.
An academic journal example includes: The Journal of Financial Planning, Journal of Portfolio Management, Journal of the American Medical Association, Journal of Accountancy, etc. You can find these scholarly and academic resources in the Kaplan Library. You may also find scholarly white papers through institutes such as Brookings Institute and Economic Policy Institute, among many.
Make sure you add a few sentences as to why each reference is specifically important to your paper. Describe your reference as in an annotated bibliography and discuss why it is important to your paper.
This will be on one word document .
Second part The same company you use for the first part you use for second one ;
Select a publicly held company and analyze its capital-structure, applying the theories and principles found in Chapter 15 of the text.
The structure of your research paper should include:
? A preview of capital structure issues
? Business and financial risks related to capital-structure
? Modigliani and Miller's [MM] capital-structure theory
? Criticisms of the MM model and assumptions
? Capital-structure evidence and implications
? Estimating the firm's optimal capital-structure
A firm's optimal capital-structure is that mix of debt and equity that maximizes the stock price. At any point in time, management has a specific target capital structure in mind, presumably the optimal one, though this target may change over time. For example, financial management may choose a 50% equity financing [stock] and 50% debt [bond] financing.
Several factors influence a firm's capital structure, including:
? Business risk
? Tax position
? The need for financial flexibility
? Managerial conservativeness
? Growth opportunities
Business risk is the riskiness inherent in the firm's operations if it uses no debt.
Report is intended to be a capital-structure analysis of your selected public company. Your paper is intended to be an executive summary of your analysis, and is limited to a minimum of 5-7 pages of text, excluding the title page, table of contents, graphs, charts, tables, etc.