Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A proforma income statement for Citigroup, using a minimum of 3 year projections. This requires citi groups latest 10-k annual report. A website I been

A proforma income statement for Citigroup, using a minimum of 3 year projections. This requires citi groups latest 10-k annual report. A website I been using is http://www.citigroup.com/citi/investor/quarterly/2017/ar16_en.pdf?ieNocache=60 please help. image text in transcribed
Citigroup All students are being assigned an individual company to prepare a stock valuation model, which is to be based on material covered in Chapters 18, 7 and 10. If a student is interested in changing his/her assigned company please notify me by December 4th. I will only allow one stock valuation model for each company (no two students can prepare a model of the same company) so it is important that you contact me if you decide to change your assigned company. The assignment requires a copy of the latest annual report (10-K) of your assigned company. You will need to use the financial statements portion to complete the assignment, which has to be turned in with the assignment and can be obtained through several sources. Some major sources include: 1) The company's Investor Relations Department 2) A business library, such as the Baruch College Library or the Business and Science Library in New York City 3) The company's web site, where a copy can usually be downloaded directly 4) A web site that accesses EDGAR, the SEC's corporate filing center. This can be accessed from Yahoo (under the company's profile) or through sites such as Free EDGAR(www.freeedgar.com) and EDGAR Online (www.edgar-online.com). 5) An annual report service, which is provided by major financial information companies such as Dow Jones. -A pro forma Income Statement must be prepared in MS Excel, using a minimum projection of three years, as based on pro forma projections discussed in Chapter 18. This information can then be used to calculate the fair value of the company's stock price, as based on the stock valuation formulas discussed in Chapters 7 and 10. All assumptions and formulas used for the pro forma projections and the company's fair value must be included at the end of your model. Once a fair value is reached, this can be compared to a recent quote of the company's stock price to determine whether or not the company is fairly valued at its most recent trading price. Citigroup All students are being assigned an individual company to prepare a stock valuation model, which is to be based on material covered in Chapters 18, 7 and 10. If a student is interested in changing his/her assigned company please notify me by December 4th. I will only allow one stock valuation model for each company (no two students can prepare a model of the same company) so it is important that you contact me if you decide to change your assigned company. The assignment requires a copy of the latest annual report (10-K) of your assigned company. You will need to use the financial statements portion to complete the assignment, which has to be turned in with the assignment and can be obtained through several sources. Some major sources include: 1) The company's Investor Relations Department 2) A business library, such as the Baruch College Library or the Business and Science Library in New York City 3) The company's web site, where a copy can usually be downloaded directly 4) A web site that accesses EDGAR, the SEC's corporate filing center. This can be accessed from Yahoo (under the company's profile) or through sites such as Free EDGAR(www.freeedgar.com) and EDGAR Online (www.edgar-online.com). 5) An annual report service, which is provided by major financial information companies such as Dow Jones. -A pro forma Income Statement must be prepared in MS Excel, using a minimum projection of three years, as based on pro forma projections discussed in Chapter 18. This information can then be used to calculate the fair value of the company's stock price, as based on the stock valuation formulas discussed in Chapters 7 and 10. All assumptions and formulas used for the pro forma projections and the company's fair value must be included at the end of your model. Once a fair value is reached, this can be compared to a recent quote of the company's stock price to determine whether or not the company is fairly valued at its most recent trading price

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finance At Work

Authors: Valérie Boussard

1st Edition

113820403X, 978-1138204034

More Books

Students also viewed these Finance questions