FINANCIAL PERFORMANCE ANALYSIS (20 % Weighting) j) Using all the figures calculated above and any other information from the annual report to; i) Comment on Tate & Lyle's operating performance over the period, and ii) Identify and comment on the company's current financial strengths and weaknesses. SHARE PRICE PERFORMANCE (5 % Weighting) k) Calculate and comment briefly on the absolute share price performance, and the shares performance relative to the FTSE All Share index, of the shares of Tate & Lyle between 1 April 2019 and 1 September 2020 (You must include a graph of the share price and the index. You can find these on any of the web sites given on page 9 of the guide)) 1) Calculate the percentage movement for the year and comment briefly on the absolute share price performance, and the performance of Tate & Lyle relative to the FTSE All Share index.1, VALUATION MODELS (20 % Weighting) m) Using fundamental analysis (in particular the annual report for the year ended 31 March 2020 and your knowledge of the business) estimate a "fair" share price for Tate & Lyle using the following valuation methods: i) Net asset value ii) Dividend discount model using CAPM You must explain fully any assumptions you make and give justification and sources for all the figures used in the model. [Hint: Pages 700-719 and 740 - 748 of Arnold should prove helpful] Please note that you do not have to calculate the beta for Tate & Lyle (although you can if you want to) however you must obtain this from a reputable source(s) and discuss any limitation of its calculation. n) Evaluate the usefulness and limitations of the valuation methods used above. CONCLUSION (15 % Weighting) o) Using the fundamental analysis and the valuation models above support your recommendation about what Amicable Pension Fund (APF) should do with regard to its investment in Tate & Lyle. FINANCIAL PERFORMANCE ANALYSIS (20 % Weighting) j) Using all the figures calculated above and any other information from the annual report to; i) Comment on Tate & Lyle's operating performance over the period, and ii) Identify and comment on the company's current financial strengths and weaknesses. SHARE PRICE PERFORMANCE (5 % Weighting) k) Calculate and comment briefly on the absolute share price performance, and the shares performance relative to the FTSE All Share index, of the shares of Tate & Lyle between 1 April 2019 and 1 September 2020 (You must include a graph of the share price and the index. You can find these on any of the web sites given on page 9 of the guide)) 1) Calculate the percentage movement for the year and comment briefly on the absolute share price performance, and the performance of Tate & Lyle relative to the FTSE All Share index.1, VALUATION MODELS (20 % Weighting) m) Using fundamental analysis (in particular the annual report for the year ended 31 March 2020 and your knowledge of the business) estimate a "fair" share price for Tate & Lyle using the following valuation methods: i) Net asset value ii) Dividend discount model using CAPM You must explain fully any assumptions you make and give justification and sources for all the figures used in the model. [Hint: Pages 700-719 and 740 - 748 of Arnold should prove helpful] Please note that you do not have to calculate the beta for Tate & Lyle (although you can if you want to) however you must obtain this from a reputable source(s) and discuss any limitation of its calculation. n) Evaluate the usefulness and limitations of the valuation methods used above. CONCLUSION (15 % Weighting) o) Using the fundamental analysis and the valuation models above support your recommendation about what Amicable Pension Fund (APF) should do with regard to its investment in Tate & Lyle