Essays on Cheat Sheet

M&A & Restructuring Strategies. Merger: Two Firms agree to integrate operations on relatively equal basis(usually 1 dominates another in mkt share/size/asset value) Hostile takeover: (delivers higher shareholder value than friendly acquires)(Preannouncement returns of hostile takeover anticipated with increase in bidder & target’s share price). Diversification …

mkThis page intentionally left blank Actuarial Mathematics for Life Contingent Risks How can actuaries best equip themselves for the products and risk structures of the future? In this new textbook, three leaders in actuarial science give a modern perspective on life contingencies. The book begins …

Sole proprietorships and partnerships are subject to fewer regulations, easy and less expensive, no corporate inc tax. Corporations easy to raise capital, transfer of ownership, limited liability, unlimited life.bThe conflicts between bondholders and stockholders can be reduced with the use of restrictive bond covenants. Stockholders …

Scenario analysis Define your scenarios; best-worst-base There are a range of results! Check if risk makes a difference Use distributions for the uncertainties to describe key risk drivers Choose distribution based on historical data or expert opinion Distribution is important for the simulation; based on …

The 95% confidence interval indicates that between 14% and 34% of Kayoed rental properties are rented to families Contrary to the claims made by Kayoed, less than 35% of their properties are rented to families. According to a web advertising company, the impact of pop …