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Please only answer the instructions above based on the case below, thank you for your help.

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Case 4: Repeat questions 1,2 , and 3 , with the following information: CFROI 20%(GD)4%(BI) Acquisitions 10 (GD) 2 (CR) 9 (BI) 2 (HO) 5 (Other) Financial Strategy. No dividends, 60\% debt Capital Allocation, Diversification outside GD destroying shareholder value because of low CFROI. Share Repurchase. Policy of no share buybacks. Directions: See file g41201.14(17)(6)(3)(8)(1)(8)(5)(4)(4)b(1).xlsx from Module 2 (next to last file). Go to line 97, Find the new net income for Genetic Diseases on lines 99-105, for 2006, 2007, and 2008. Replace .25 with .2 in each cell. Find the new net income for BI on lines 99-105, for 2006, 2007, and 2008. Replace .25 with .1 with in each cell. Scroll down to the computation of CFROI. Compute a new CFROI for 2006-2008 for GD and BI. Example, 2006 for GD CFROI=.2999569/7191188 These 2 numbers are cash flow, and total assets from page 74 in the text. Complete the CFROI computation for 2007 , and 2008 for GD and for all 3 years for BI. Answer the 3 questions (in paragraphs) at the top of the excel file for Genzyme. Genzyme: Case 4 Genzyme had grown to be one of the top five U.S. biotechnology firms. It was targeted by Relational Investors, an "activist" investment fund that had a 2.6% stake in the company at the end of March 2009 . RI had a history of engagement with the boards of numerous companies. Q 1. Should Termeer fight Whitworth, or can he manage him by agreeing to some of whitworth's demands, but avoid giving into demands that might compromise the core mission of Genzyme? Q 2. Why is Whitworth arguing that Genzyme needs to implement a share repurchase program? What problem would a share repurchase solve ? Couldn't Genzyme just as easily announce a dividend to achieve the same objective of returning cash flow to the shareholders ? Q 3. Is there any way that Termeer could have avoided this conflict with Whitworth, or was it unavoidable