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For the next set of questions, you will need to use the 2020 Syngenta Financial Report document on Canvas. Below, we are going to illustrate

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For the next set of questions, you will need to use the 2020 Syngenta Financial Report document on Canvas. Below, we are going to illustrate how agribusinesses tend to have discount rates that are too high because these firms implicitly assume their Ke is unreasonably too high. 1. Using only the financial numbers on page 1 of Syngenta's 2020 financial report, calculate the 2020 WACC for Syngenta. Assume the tax rate is 21% and Kd equals 5%. 3 points 2. Using the financial numbers on page 1, calculate Syngenta's economic value added (EVA) as follows: (a) Required rate of return equals the 2020 WACC for Syngenta 3 points (b) Clearly interpret the EVA you calculated in 2. a) 3 points 3. Using the financial numbers on page 1, calculate Syngenta's EVA as follows: (a) Required rate of return equals Syngenta's stated hurdle rate or discount rate of 16% 3 points 3. (b) cont Clearly interpret the EVA you calculated in 3. a) 3 points 4. Now compare your answers in questions 2 and 3. Why are your answers very different? 3 point For the next set of questions, you will need to use the 2020 Syngenta Financial Report document on Canvas. Below, we are going to illustrate how agribusinesses tend to have discount rates that are too high because these firms implicitly assume their Ke is unreasonably too high. 1. Using only the financial numbers on page 1 of Syngenta's 2020 financial report, calculate the 2020 WACC for Syngenta. Assume the tax rate is 21% and Kd equals 5%. 3 points 2. Using the financial numbers on page 1, calculate Syngenta's economic value added (EVA) as follows: (a) Required rate of return equals the 2020 WACC for Syngenta 3 points (b) Clearly interpret the EVA you calculated in 2. a) 3 points 3. Using the financial numbers on page 1, calculate Syngenta's EVA as follows: (a) Required rate of return equals Syngenta's stated hurdle rate or discount rate of 16% 3 points 3. (b) cont Clearly interpret the EVA you calculated in 3. a) 3 points 4. Now compare your answers in questions 2 and 3. Why are your answers very different? 3 point

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