My Home FIN-335-X1232 Financial Markets 22EW1

FIN 335 Milestone Four Guidelines and Rubric The final project for this course is the creation of a market analysis report that analyzes various organized global and domestic exchange markets and compares and contrasts performance for different investment products. In this milestone, you will submit a draft of Risks and Returns (Section IV) of the final project. You will analyze the risks and returns of different investment instruments in the U.S. and non-U.S. markets you selected in Milestone One. You may find it helpful to use online brokerage aids or other tools (e.g., Yahoo! Finance, Bloomberg Business, TD Ameritrade) in conducting this analysis. Review stock, bond, mutual fund, and commodity performance and their movement over time in these markets. Your analysis should include dividend yields, capital gains, price relative to intrinsic values, and foreign exchange considerations, which were discussed in Module Four. Last, you will come to a conclusion about each market’s performance and assess risk versus return when comparing investment vehicles within the different markets. Specifically, the following critical elements must be addressed:

IV. Risks and Returns. Use this section to analyze the risks and returns of different investment instruments in the U.S. and non-U.S. markets you selected. You may find it helpful to use online brokerage aids or other tools in conducting this analysis. Specifically, you should:

A. Investment Instruments. Review stock, bond, mutual fund, and commodities performance in the two markets. Be sure to: 1. Analyze investment returns in each of the two markets, including dividend yields, capital gains, prices relative to intrinsic values, and

foreign exchange considerations associated with each of the instruments. Use relevant indicators and visual displays to help present your findings.

2. Explain what your analysis of returns suggests about each market’s performance and how that might affect decisions on where to list. Justify your response.

3. Compare and contrast how the different types of instruments move in the two markets over time, explaining the significance of this information for decisions on where to list. Provide specific examples to support your answer. For example, have certain types of instruments historically performed better in one market over another? Have certain types of instruments yielded higher returns more quickly?

4. Assess the risks versus returns associated with the different types of investment instruments in the two markets. How might these trade- offs affect listing decisions? Support your response with specific examples.

B. Interest and Inflation. Analyze how interest rates and inflation affect different investment instruments and investor decisions. Give specific examples from the two markets selected to support your answer. For example, how do inflation and interest rates affect stock, bond, and mutual fund returns in each market? How does that, in turn, affect business and individual short- and long-term investment planning?

C. Taxation. Would tax policies in the two markets make one a better option for IPO listing than the other? Why or why not? Give specific examples.

Guidelines for Submission: Your paper must be submitted as a 3- to 4-page Microsoft Word document with double spacing, 12-point Times New Roman font, one-inch margins, and at least two sources cited in APA format.

Critical Elements Proficient (100%) Needs Improvement (75%) Not Evident (0%) Value

Risks and Returns: Dividend

Analyzes dividend yields, capital gains, prices relative to intrinsic value, and foreign exchange considerations associated with instruments in markets selected, using relevant indicators and visual displays

Analyzes specified investment returns in markets selected, but does not use relevant indicators and visual displays or analysis is cursory or contains inaccuracies

Does not analyze specified investment returns in markets selected

15

Risks and Returns: Suggest

Determines what analysis of returns suggests about each market’s performance and effect on listing decisions, justifying response

Determines what analysis of returns suggests about each market’s performance and effect on listing decisions, justifying response, but response contains inaccuracies or omits key details

Does not determine what analysis of returns suggests about each market’s performance and effect on listing decisions, justifying response

15

Risks and Returns: Types Compares and contrasts movement of different instruments over time in selected markets, explaining significance for listing decisions and providing specific examples

Compares and contrasts movement of different instruments over time, explaining significance for listing decisions and providing specific examples, but response is cursory or contains inaccuracies, or examples are not relevant

Does not compare and contrast movement of different instruments over time in selected markets, explaining significance for listing decisions

15

Risks and Returns: Assess

Assesses risks versus returns trade-offs in selected markets and how these affect listing decisions, supporting response with specific examples

Assesses risks versus returns trade-offs and how these affect listing decisions, supported by examples, but response is cursory or contains inaccuracies, or examples are not relevant

Does not assess risks versus returns trade- offs in selected markets and how these affect listing decisions

15

Risks and Returns: Interest and Inflation

Analyzes how interest rates and inflation affect different investment instruments and investor decisions, supported by specific examples from two markets selected

Analyzes how interest rates and inflation affect different instruments and investor decisions, supported by examples, but examples do not cover both markets, are not relevant, or response is cursory or contains inaccuracies

Does not analyze how interest rates and inflation affect different investment instruments and investor decisions

15

Risks and Returns: Taxation

Assesses whether tax policies in the two markets make one a better option for IPO listing than the other, justifying response with specific examples

Assesses whether tax policies in the two markets make one a better option for IPO listing than the other, justifying response with examples, but response contains inaccuracies, omits key details, or examples are not relevant

Does not assess whether tax policies in the two markets make one a better option for IPO listing than the other, justifying response with examples

15

Articulation of Response Submission has no major errors related to citations, grammar, spelling, syntax, or organization

Submission has multiple errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas

Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas

10

Earned Total 100%