FNCE 623 Financial Management Research Study Essay
Order ID:89JHGSJE83839 Style: APA/MLA/Harvard/Chicago Pages:5-10 Instructions:
FNCE 623 Financial Management Research Study Essay
Individual Assignment 1
The objective of this assignment is to provide students with the opportunity to perform practical application of time value of money concepts, to research relevant facts in performing qualitative and quantitative analysis, and to be able to apply quantitative reasoning, critical and creative thinking, and communication, and problem-solving skills. For this assignment, you will be reading the case ‘Time Value of Money: The Buy Versus Rent Decision’, research relevant facts, perform analysis, and document your findings, analysis, and recommendation in a written report for Rebecca Young.
- This assignment carries 20% of the grade.
- For the assignment, we will be using the case: ‘Time Value of Money: The Buy Versus Rent Decision’
- You can purchase the case, search (9B14N024) (digital download) at https://www.iveycases.com.
- Update: Instead of 4% quoted annual rate in page 2 line 4 of the case, we will use 2% APR semi-annual compounding.
Report Submission Instruction:
- Maximum 4 pages excluding Reference/Appendix. You may consider using Refernce/Appendix section to include your research references, calculations, relevant graphs, charts, illustrations, and tables, and embed excel sheet file if you are using it to analyse.
- Report due date and time: 7 Nov 2021 23:59 Hour Pacific Standard Time
- Report must be submitted in Week 4 Turn-it-in link “Assignment 1 Due 7 Nov – Submit Here’. Submission by email will not be accepted.
- A separate link ‘Assignment 1 – Submit Excel File here (if any)’ will be provided if you want to submit your excel file, if any available. Report submission by email will not be accepted.
- Please include the statement with your signature in your paper: “I agree that the work in this assignment is my own work and that I have given credit to all sources of information used in my assignment by including citations and references in the APA format. I acknowledge that I am expected to exercise the utmost academic integrity in all work submitted for this course. SIGNATURE: Your name”
Report Expectation: Your report should cover 3 main sections. You may follow the pointers below or decide your own approach where appropriate.
- Findings and Assumptions
- Facts from the case, expectation of future real estate prices (rent/buy), cost of borrowing, opportunity costs, cost of buying/selling, economy, etc.
- The case was prepared in 2015. What would be your findings of the market situation in 2021?
- Describe your assumptions, if any.
- Analysis
- Calculation of monthly mortgage payment, outstanding mortgage balance
- Cost/Payments to be considered in buy decision vs. rent decision
- Scenarios analysis (Condo prices, interest rates, etc.)
- Other factors such as qualitative benefits and costs
- Recommendation
- What recommendation(s) would you suggest to Rebecca Young and why? What would be Rebecca’s next course of action?
Assignment 1 Rubric
Grading Criteria Grade Description
Grade
- Did not submit the assignment
- Unacceptable performance in most or all of grading criteria
Fail 0-59% F
- Demonstrated acceptable knowledge and understanding of concepts
- Use of facts in the case to perform analysis and offer recommendation
- A reasonable attempt made with improvement needed
Pass 60%-67% C
- Demonstrated acceptable knowledge and understanding of concepts in average level of performance
- Use of facts in the case to perform analysis and offer recommendation, with reasonable justification
- Relevant quantitative and qualitative factors considered with demonstrated calculations
- Attempt made in scenario analysis, A structured written report
Satisfactory 68%-71% B-
- Demonstrated substantial knowledge and understanding of concepts at average to above average level of performance
- Use of facts in the case to perform good quality analysis and offer recommendation, with reasonable justification
- Relevant quantitative and qualitative factors considered with demonstrated calculations
- Performed scenario analysis
- Performed adequate research work with logical approach in offering reasoning and recommendation
- Good quality, structured written report
Good 72%-75%% B 76%-79% B+
- Demonstrated comprehensive knowledge and understanding of concepts in above average level of performance
- Use of facts in the case to perform high quality analysis and offer recommendation, with reasonable justification
- Relevant quantitative and qualitative factors considered with demonstrated calculations
- Performed scenario analysis
- Performed high quality research work with critical thinking and logical approach in offering reasoning and recommendation
- High quality, well-structured written report
Very Good 80%-84% A-
- Demonstrated comprehensive knowledge and understanding of concepts in high level of performance
- Use of facts in the case to perform rigorous analysis and offer recommendation, with reasonable justification
- Relevant quantitative and qualitative factors considered with demonstrated calculations
- Performed scenario analysis
- Performed thorough research work with critical and creative thinking and holistic approach in offering reasoning and recommendation
- Excellent quality, well-structured written report
Excellent 85%-89% A
- Demonstrated exceptional knowledge and understanding of concepts. Exceeded performance expectations in all grading criteria
Exceptional 90%-100% A+