This was sent to my class students today…
—————————- Original Message —————————-
Subject: Group Project Competition
Date: Thu, November 1, 2007 1:18 pm
Ok here is the deal…
There is a special situation opportunity available in the market today
which promises a return of at least 35% p.a.pretax (the max return in my
view is in the range of 50% p.a. pretax) with very low risk of loss.
Moreover, the deal is suited for debt financing, and is also liquid.
Which group can find this opportunity?
Hint 1: The announcement of the transaction which led to the creation of
this special situation opportunity was made on BSE sometime in the last
Hint 2: The operation involves buying a security from the stock market and
thats it. You don’t have to sell. You don’t have to tender.
This is a competitive project competition. All class groups are invited to
compete. However, only the first TWO GROUP PROJECT REPORTS with the
correct answer and reasoning will be considered towards completion of
group project component for term 5.