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Ferrari: The 2015 Initial Public Offering Major Case Questions: 1. What are the financial implications of Ferrari's current strategy? 2. Do you agree with the

Ferrari: The 2015 Initial Public Offering Major Case Questions:

1. What are the financial implications of Ferrari's current strategy?

2. Do you agree with the financial forecast in Exhibit 8? If so, why? If not, what specific concerns do you have?

3. What do you think Ferrari is worth in euros? Justify your recommendation based on a current market-multiples valuation and a DCF valuation.

4. In preparation for Ferrari's listing on the New York Stock Exchange, at what price in U.S. dollars would you recommend that Ferrari shares be sold?

5. What does Ferrari gain from the IPO process?

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