Publications
Publications
- November 2011 (Revised December 2013)
- HBS Case Collection
The Long and Short of Apollo Group and the University of Phoenix (A)
By: Luis M. Viceira, Joel Heilprin, Andrew S. Holmes and Damian M. Zajac
Abstract
A hedge fund is deciding whether to liquidate its position in Apollo Group, a for-profit education firm, in light of significant political and macro-economic uncertainty facing the industry. As part of the investment analysis a complete discounted cash flow analysis must be performed.
Keywords
Citation
Viceira, Luis M., Joel Heilprin, Andrew S. Holmes, and Damian M. Zajac. "The Long and Short of Apollo Group and the University of Phoenix (A)." Harvard Business School Case 212-045, November 2011. (Revised December 2013.)