$1.$ Assess how attractive S$$dzucker was as an investment to shareholders in the last $5$ years $($up to Feb $2023).$ Calculate the TSR$,$ EPS, dividend yield and PE ratio and compare these to the results of two competitors to support your discussion. Your analysis should not just be a description of the ratios but offer proper interpretation and insights into the company. All calculations must be included in the spreadsheet.

$2.$ Analyse S$$dzucker$$s capital structure and choice of financing sources in the light of financial theory. This should involve a discussion of financial capital structure theories and their applicability to S$$dzucker$.$ In addition, comment on their choice of sources, e$.$g$.$ why may they have chosen to issue a hybrid bond? Your discussion should demonstrate clear evidence of wider reading $($academic and practitioner sources$).$ You may also wish to undertake some calculations to support your discussion $($e$.$g$.$ gearing ratio$).$

$3.$ Calculate the WACC for S$$dzucker AG at $28$ February $2023($date of most recent financial year end$).$ Please provide the full calculation in your spreadsheet and make sure that all information is fully labelled and sources are provided throughout. No comment required in the report.