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$).$

Calculate the WACC for S$$dzucker AG at $28$ February $2023($date of most recent financial year end$).$ Provide some explanation and justification of how you have worked out the different costs for each component of the company$$s equity and debt. There is no need to explain how the different techniques work but rather justify why you have selected one technique over another, e$.$g$.$ don$$t explain how the CAPM works but rather explain why you used the CAPM and not the dividend growth model to work out the cost of ordinary shares.

Attempt a valuation of S$$dzucker at $28$ February $2023$ using two of the valuation methods discussed in this module. Critically evaluate your valuations in the light of the traded share price.