Assume that foreign exchange markets were found to be weak- form efficient. what does this suggest about utilizing technical analysis to speculate in euros? if mncs believe that foreign exchange markets are strong-form efficient, why would they develop their own forecasts of future exchange rates? that is, why wouldn’t they simply use today’s quoted rates as indicators about future rates? after all, today’s quoted rates should reflect all relevant information.

What is private equity investing? who participates in it and why? how is palamon positioned in the industry? how does private equity investing compare with public market investing? what are the similarities and differences between the two? why is palamon interested in teamsystem? does it fit with palamon’s investment strategy? how much is 51% of teamsystem’s common equity worth? use both a discounted cash flow and a multiple-based valuation to justify your recommendation. what complexities do cross-border deals introduce? what are the specific risks of this deal? what should louis elson recommend to his partners? is it a go or not? if it is a go, what nonprice terms are important? if it’s not a go, what counterproposal would you make?