Lead questions for discussion of Polaroid case

1. What are the objectives for the policy review? What is premise?
2. What are the likely financial requirements of Polaroid in coming years/
What are the risks associated with the same?
3. If polaroid wants to ride up the credit rating band , what will be the impact
on financial flexibility?
4. How does WACC of Polaroid change with their debt policy/
5. Which policy would you recommend?
The financial figures are given in Exhibit 1. The debt related information is
in exhibit 4 and exhibit 9 gives the rating details. Exhibit 11 gives cost of
capital estimates.