I need help for writing a 10 page paper for finance on pros and cons of holding cash. This assignment had 2 parts and part 1 is done - that is the presentation which is attached in PDF. The presentation summarizes the research done on it and also has the references at the end. Just need elaboration on the topic. Instructions are attached in Word document for the assignment.

Topic Selection: You need to select a finance-related topic for a short paper. Your topic must be preapproved by the instructor. If you have trouble selecting a topic, please contact me. Some examples are: Current developments in finance or major decisions made by firms or investors: o Health care o Dodd-Frank Act o Financial crisis (any of them) or recovery from a financial crisis o A specific merger or takeover: why it did or did not work o Pros and cons of Federal Reserve policies o Pros and cons of holding cash o Project selection o Impact of the financial media o Impact of government regulation Discussion of a practical issue related to one of the class topics o Example 1: You are familiar with a firm having difficulties with their working capital. You could analyze the working capital problems and then suggest solutions to the problem. o Example 2: Your firm is developing a new product. They are trying to determine where to manufacture the product (or how to fund the project). You could analyze the choices and then make a recommendation. o This will require a thorough understanding of the firm and its policies and procedures. Discussion of an academic paper related to one of the class topics o Journal of Applied Corporate Finance and Journal of Applied Finance are two examples of academic journals (There are many others as well). You can also select one of the papers referenced in the slides. o Depending on the topic and the length of the academic paper, an additional non-academic paper may be used as part of the analysis. o Example: Suppose the academic paper looks at the impact of rating agencies during the financial crisis. You could include a Wall Street Journal or Economist piece that discusses the same topic. NOTE: All of these are very broad examples. You need to narrow the focus in picking your topic (You have to cover it in a very short time). For example, instead of looking at health care problems overall, you could focus on one suggestion for improving the situation. Once you make an initial selection, I will provide additional guidance on the topic scope and content. a) Presentation: You need to make a short presentation on your topic. The presentation will cover the main points of the analysis. Comments from the presentation can be used to make changes and improvements before submitting the final paper. The team is expected to use the web conference to ask and answer questions. This is an opportunity to get feedback from the class. Each team will have 15 minutes for the presentation and 5 minutes for Q&A. You must complete the presentation within the time limit. While there is no formal slide limit, you must complete within the 15 minutes. You will be timed and stopped at 15 minutes. b) Submission: The team will submit a final report on the topic. The report should contain data, details, etc. to adequately cover the specifics and details. The maximum length is 10 pages. Any Excel spreadsheets can be submitted separately and do not count towards the 10 page limit. FIN 6301.PW1 FINANCIAL MANAGEMENT - S16 TEAM PRESENTATION DEFINITION OF CASH Cash is legal tender or coins that can be used to exchange goods, debt or services. Sometimes it also includes the value of assets that can be converted into cash immediately, as reported by a company. Investopedia1 2 TOPIC: PROS AND CONS OF HOLDING CASH We investigated holding cash for the following: personal use business use investment use 3 PROS OF HOLDING CASH FOR PERSONAL USE Risk-free asset8 Never spend more than available cash6 More receptive to genuine spending5,6,7 Cash is private5 Protect individual information from security breaches8 4 PROS OF HOLDING CASH FOR PERSONAL USE Evade telemarketers8 Stifle third-party tracking8 Have an emergency fund5,8 Avoid building up debt6 Delayed gratification6 Ability to make large purchases8 Cash-only transactions are common8 5 CONS OF HOLDING CASH FOR PERSONAL USE Harder to track spending Buys not secured with extra insurance Stolen cash = little recourse5 Certain businesses require credit cards 6 CONS OF HOLDING CASH FOR PERSONAL USE Constrained installment choices Missed opportunities for investment Physical cash impractical for large expenses 7 PROS OF HOLDING CASH FOR BUSINESS USE Cash flow pays bills8 Capital Expenditures8 Dividends and Share Repurchases8 Debt free, no risk of debt-induced difficulty8 Make aggressive offers to vendors 8 PROS OF HOLDING CASH FOR BUSINESS USE Give employees faster bonus incentives9 Purchase cheap assets on market dips Payoff any incurred costs of projects faster Look for opportunities with confidence8 9 CONS OF HOLDING CASH FOR BUSINESS USE Time value of money Minimum return Inflation risk Currency risk 10 CONS OF HOLDING CASH FOR BUSINESS USE Insurance limits on bank accounts Negative interest rates Cost to secure Larger opportunities may require debt 11 PROS OF HOLDING CASH FOR INVESTMENT USE Easily available short term liquidity2 Respond to market opportunities2 Easier to rebalance portfolios2 Easier to fund distributions2 12 PROS OF HOLDING CASH FOR INVESTMENT USE Easier to reinvest2 Diversifies assets2 Neutral parking place (Free Parking)2 Cash is a call option that can be priced (Warren Buffett)4 13 CONS OF HOLDING CASH FOR INVESTMENT USE Money is not working for you and growing2 Earns nothing after taxes and inflation2 More prone to market timing2 Better to pay off high interest debt2 Paying a fund manager fees to be invested3 14 REFERENCES 1 http://www.investopedia.com/terms/c/cash.asp April 6, 2016 2 http://www.wsj.com/articles/SB10001424127887324 744104578471740280677464 April 6, 2016 15 REFERENCES 3 http://www.wsj.com/articles/SB10001424127887324030704578427 123993873696 April 6, 2016 4 https://blogs.cfainstitute.org/investor/2012/11/05/cash-as-trashcash-as-king-and-cash-as-a-weapon/ April 6, 2016 16 REFERENCES 5 http://www.bankrate.com/finance/banking/why-cash-wontdie.aspx April 7, 2016 6 http://retireby40.org/7-compelling-reasons-cash-credit/ April 7, 2016 17 REFERENCES 7 http://www.investopedia.com/articles/pf/08/pay-in-cash.asp April 7, 2016 8 http://www.moneycrashers.com/why-cash-is-king/ April 7, 2016 18 REFERENCES 9 http://www.inc.com/gene-marks/excess-cashstrategies.html April 4, 2016 10 http://www.investopedia.com/articles/fundamental/03 /062503.asp April 4, 2016 19 REFERENCES 11 http://money.usnews.com/money/per sonal-finance/articles/2014/02/19/thepros-and-cons-of-paying-with-cash April 4, 2016 20