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FIN 620, Fall 2006 CASE QUESTIONS

DR. KISS

Please allow these questions to serve as a guide when you prepare your case write-up in accordance with the syllabus or other instructions.

Table of Contents Page
Case: Name and Number, Bruner 5e Note Number

I. C12- Best Practices—WACC No Questions

II. C2- Bill Miller & Value Trust 2

III. C5- Financial Detective, 2005 Contained in Case

IV. C7- Body Shop Intl* Contained in Case, but see page 3

V. C6- Krispy Kreme Doughnuts, Inc. 4

VI. C17- The Investment Detective* Contained in Case

VII. C28- Intro. to Debt Policy & Value* No Questions, but review M & M Theory on debt and value of the firm.

VIII. HBS Case- “Leveraged Betas and the Cost of Equity No Questions

IX. C16- The Boeing 7E 7* 5

X. C26- Jet Blue Airways, IPO Valuation* 6

XI.a C35- Merton Electronics 7

XI.b C36- Carefour S. A.* 8

XI.c C44- Palamon Capital Partners* 9

XII. GM Dividend Policy Negotiation (Information to be provided by Dr. Kiss)

* Note: Excel Spreadsheets containing some of the exhibits from the case are available for this case at www.mhhe.com/bruner5e
FIN 620, CASE QUESTIONS

DR. KISS

Please allow these questions to serve as a guide when you prepare your case write-up in accordance with the syllabus or other instructions

Case 2- Bill Miller & Value Trust

Suggested Questions for Your Preparation of the Case.

1. How well has Value Trust performed in recent years? In making that assessment, what benchmark(s) are you using? How do you measure investment performance? What does good performance mean to you?

2. What might explain the fund’s performance? To what extent do you believe an investment strategy, such as Miller’s, explains performance?

3. How easy will it be to sustain…...

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