MY COMPANY IS ANZ

All information can be found in internet and webside like yahoo finance

Your report will consist of an introduction and four sections and should follow the mark allocation and word count suggested below:

a)Introduction to your company: very briefly outline the nature of your company's business (2%)

b)Cost of Capital: Calculate the cost of capital (WACC) for your company. This will require you to estimate the following:

-capital structure (use the market value method) incl. discussion: ONE HUNDRED words (3%)

-Cost or equity capital (2%) A=L+E

-Cost of debt (2%)

-WACC (2%)

c)Stock price:

-Use CAPM to estimate the stock price which will require you to calculate the beta (use Excel and the Slopefunction) (2%), return on the market (2%) and the risk-free rate (1%)

-Also calculate the stock price using the DGM (3%) (check dividend growth over the last 5 years on Yahoo Finance to come up with your constant growth rate of dividends or alternatively a 2 stage dividend growth rate).

d)Market efficiency:

-Chose a significant announcement and estimate its effect on the stock price

(4%, ONE HUNDRED words and a diagram)

-Comment on the impact of a recent dividend payment on the stock price 1%)

-Discuss the company's current dividend policy (2%)

e)Corporate governance:

-Agency problem: how is the CEO remunerated, total pay and how it is structured. (3%). Comment on whetheryou consider the CEO's remuneration package is structured to provide the correct performance incentive.