Reference no: EM132814990
(A)
Your task is to identify an unique publicly traded company that has outstanding bonds as well as publicly traded stock. The bonds must have at least 5 years remaining to maturity. The stock should have been traded and paying dividends for at least 5 years. List your company's name, ticker symbol, bond information and provide a brief description of the company's business.
• B) Opportunities and Challenges
• Continue working on the spreadsheet (a new tab, bullet points, with references) describing the firm's major opportunities and challenges in the upcoming 1 to 3 years. Construct your answer with at least 5 references from reputable business publications and/or corporate disclosures.
• C)Bond Default Spread/Credit Spread
• Estimate the Credit Spread on your company's bonds using Treasury Bonds of comparable maturity.
• D) : Constant Growth Model (Gordon Model)
• Collect the data needed on your company's stock.
• Estimate the intrinsic value of your company's stock by using the Gordon model.
• Compare it with the current market price.
• E) Estimate the intrinsic value of your company's stock by using the total payout model.
• F) : Market Multiples Approach
• Estimate the intrinsic value of your company's stock by market multiples approach. Collect the data needed for your company and its peers
chose TD bank for the first part (so whole project must be around TD bank)
• information that we chose :
Company description:
Headquartered in Toronto, Canada, with approximately 90,000 employees in offices around the world, the Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (TD). TD offers a full range of financial products and services to over 26 million customers worldwide through three key business lines:
• Canadian Retail including TD Canada Trust, Business Banking, TD Auto Finance (Canada), TD Wealth (Canada), TD Direct Investing and TD Insurance
• U.S. Retail including TD Bank, America's Most Convenient Bank, TD Auto Finance (U.S.), TD Wealth (U.S.) and TD's investment in Schwab
• Wholesale Banking including TD Securities
TD had CDN$1.7 trillion in assets on January 31, 2021. TD also ranks among the world's leading online financial services firms, with more than 14 million active online and mobile customers. The Toronto-Dominion Bank trades on the Toronto and New York stock exchanges under the symbol "TD".(TD Bank official website)
Attachment:- Finance group project.rar