1. What financial resructuring tools/methods can be used in (balance sheets/financial staments/income statements) with financially distressed companies (those who are in trouble of defualting and/or bankruptcy)?
2. Explain the importance of annualizing an interest rate the correct way for financial decision making. Provide an example.
3. Would you estimate that the % of the total outstanding stocks globally are held unhedged on the trading books of top investment bank dealers to be (a) 20%, (b) 10%, (c) 5%, or (d) <1%? Explain why you choose this estimate.