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1 . Read on page 1 5 2 , section 2 . 7 of the Wise annual report, titled Derivative Financial Instruments. Wise wrote they

1.Read on page 152, section 2.7 of the Wise annual report, titled Derivative Financial Instruments. Wise wrote they use 3 different principal derivatives. What are derivatives in general? What are these 3 specific instruments they use and how do they work? How are they used to manage risk? What risks do they manage? Please answer all the questions. (You will need to do internet research)2. Estimate a share price for Wise using the DCF methodLinks to an external site., using the financial statements in their annual report and the latest numbers report from them. Use an Excel spreadsheet and submit it. Explain your calculations. Do your calculations suggest a Buy or Sell strategy based on the latest Wise share price you have found on the internet? What do you think of the long-term prospects of Wise PLC shares as an investment.

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