i need this quastion

What is your forecast for the Euro against US dollar? What factors/developments will determine the exchange rate between Euro and Dollar in the coming year?

You are a credit analyst at an insurance company that holds the bonds of Kellogg Company. In October of 2000, Kellogg announced a transformational debt-financed acquisition. Kellogg, the global industry leader in ready-to- eat cereal, bid $4.5 billion in cash for Keebler, the number- two player in cookies and crackers in the United States. As a result, Kellogg's business and financial profile would change dramatically, as would its credit profile. Kellogg hoped that Keebler would bring with it greater product diversity, scale, and cost efficiencies, while bolstering its flagging growth. Your firm decided to hold onto its Kellogg bonds. If it sold, it would take a financial beating because of the precipitous drop in credit quality and the corresponding drop in the price of the bonds. Prepare a report to your investment committee on the outlook for Kellogg for the foreseeable future. In your presentation: Assess the company's current credit quality on a scale of 1 to 10 in terms of both its business risk position and its financial risk position, as well as its overall credit risk Will Kellogg's credit quality improve in coming years? What will have to occur for this to happen? Discuss how the merger affects the stability of Kellogg's operating and financial performance over the long term Project Kellogg's financial performance for 2004- 2006. Assume that cereal sales growth is consiste with 2003's performance. Assume that capital spending is fiat at $250 million. Create Case Worst case using change dramatically, as would its credit profile. Kellogg hoped that Keebler would bring with it greater product diversity, scale, and cost efficiencies, while bolstering its flagging growth. Your firm decided to hold onto its Kellogg bonds. Ifit sold, it would take a financial beating because of the precipitous drop in credit quality and the corresponding drop in the price of the bonds. Prepare a report to your investment committee on the outlook for Kellogg for the foreseeable future. In your presentation: Assess the company's current credit quality on a scale of 1 to 10 in terms of both its business risk position and its financial risk position, as well as its overall credit risk Will Kellogg's credit quality improve in coming years? What will have to occur for this to happen? Discuss how the merger affects the stability of Kellogg's operating and financial performance over the long term Project Kellogg's financial performance for 2004- 2006. Assume that cereal sales growth is consistent with 2003's performance. Assume that capital spending is flat at $250 million. Create a best case and a worst case using your own assumptions. Did Kellogg achieve its original goals through this merger? Or does it need another acquisition to complete its mission? Compare Kellogg with General Mills. Are there a significant differences between the two companies? You are a credit analyst at an insurance company that holds the bonds of Kellogg Company. In October of 2000, Kellogg announced a transformational debt-financed acquisition. Kellogg, the global industry leader in ready-to- eat cereal, bid $4.5 billion in cash for Keebler, the number- two player in cookies and crackers in the United States. As a result, Kellogg's business and financial profile would change dramatically, as would its credit profile. Kellogg hoped that Keebler would bring with it greater product diversity, scale, and cost efficiencies, while bolstering its flagging growth. Your firm decided to hold onto its Kellogg bonds. If it sold, it would take a financial beating because of the precipitous drop in credit quality and the corresponding drop in the price of the bonds. Prepare a report to your investment committee on the outlook for Kellogg for the foreseeable future. In your presentation: Assess the company's current credit quality on a scale of 1 to 10 in terms of both its business risk position and its financial risk position, as well as its overall credit risk Will Kellogg's credit quality improve in coming years? What will have to occur for this to happen? Discuss how the merger affects the stability of Kellogg's operating and financial performance over the long term Project Kellogg's financial performance for 2004- 2006. Assume that cereal sales growth is consiste with 2003's performance. Assume that capital spending is fiat at $250 million. Create Case Worst case using change dramatically, as would its credit profile. Kellogg hoped that Keebler would bring with it greater product diversity, scale, and cost efficiencies, while bolstering its flagging growth. Your firm decided to hold onto its Kellogg bonds. Ifit sold, it would take a financial beating because of the precipitous drop in credit quality and the corresponding drop in the price of the bonds. Prepare a report to your investment committee on the outlook for Kellogg for the foreseeable future. In your presentation: Assess the company's current credit quality on a scale of 1 to 10 in terms of both its business risk position and its financial risk position, as well as its overall credit risk Will Kellogg's credit quality improve in coming years? What will have to occur for this to happen? Discuss how the merger affects the stability of Kellogg's operating and financial performance over the long term Project Kellogg's financial performance for 2004- 2006. Assume that cereal sales growth is consistent with 2003's performance. Assume that capital spending is flat at $250 million. Create a best case and a worst case using your own assumptions. Did Kellogg achieve its original goals through this merger? Or does it need another acquisition to complete its mission? Compare Kellogg with General Mills. Are there a significant differences between the two companies