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    • Apply APA style and formatting.

    • Resources: You must use at least two references for each part of the assessment (totaling at least four references).
    • Font and font size: Times New Roman, 12 point.
    • Competencies Measured
      By successfully completing this assessment, you will demonstrate your proficiency in the course competencies through the following assessment scoring guide criteria:
    • Competency 1: Maximize shareholder wealth.
      • Estimate the expected return for a company.
      • Formulate the standard deviation for a company.
      • Assess how the standard deviation clarifies expectations in terms of a return.
    • Competency 3: Evaluate capital expenditure investment projects.
      • Describe the decision-making process for refinancing.
      • Explain qualitative considerations in the decision-making process.
      • Devise examples of calculations.
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