the general partner of a successful brokerage firm with a local, regional, and national client base composed of institutions, small businesses and individuals. I have asked you, one of my new MBA employees, if you would do a preliminary financial analysis of Howard Hughes Corporation (HHC) to determine if it is a buy, sell or hold with regard to the stock, so we can properly advice our clients. In other words, is this a good investment opportunity for our clients? (Why or why not?)

The first thing you need to do is probably ask me questions: 1. What questions (and why) might you have before you start your assignment? 2. What would your recommendation be based on?

I decided I wanted to know more of what you thought about the situation, namely, if you found this a good investment, what would be the "downsides:" in making this investment. Therefore, you need to gather the appropriate information so an objective decision could be made whether to pursue this investment opportunity or not. Your explicit assignment is to gather the appropriate information and be specific. Describe in detail how you would go about gathering this information and analyzing the information