Financial RiskBy design, companies frequently take on risk in their business. As a matter of strategy, risk management is implemented to mitigate the dangers that can accompany these risks. For this Assignment, evaluate risk-management strategies based on the information presented in a companys SEC 10-K.To prepare:o For Stone Energy Corporation, review Item 7 Management Discussion and Analysis of the SEC 10-K. Identify the different risks that discussed in this section.o Select at least two of the risks from Item 7 Management Discussion and Analysis.Submit: 2-page executive summary that evaluates the risks identified by the company in its most recent SEC 10-K filing. In your executive summary:o Determine whether each is an internal risk (one they can control) or an external risk (one that is external to the organization).o Provide an evaluation of the strategy the company is using to manage these risks.
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