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ITT Corporation has had a long history of conglomerate enterprise. In recent years however, the company has undergone some significant changes. How would you describe these changes and what do you think were the drivers? Explain. Use the internet to find information on the company's strategic moves. Are there any moves that you think the company should or should not have implemented?
2-3 paragraphs, at least 150 words, and include references.
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If this is true, and if the appropriate risk-adjusted cost of capital (discount rate) for the bank is 15 percent, what should be the current stock price per share of Imoh's stock?
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