Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Nora Fashion Corp. is thinking to acquire Sally Shoes Corp. The presence of marketing synergies will produce an estimated additional value of $9,259,259. Nora Fashion has 2,500,000 shares of equity outstanding with a market price of $6 each, while a share of stock of Sally Shoes has a price of $8 and an overall equity value of $9,000,000. The acquisition will be paid with new shares issued by Nora Fashion and distributed to Sally Shoes shareholders. The gain from the synergies will be shared equally between the shareholders of two companies. How many shares of Nora Fashion will be distributed for one share of Sally Shoes? Show your working
A company is 38% financed by risk-free debt. The interest rate is 11%, the expected market risk premium is 9%, and the beta of the company’s common stock is 0.61. What is the company cost of capital? What is the after-tax WACC, assuming that the comp..
Evan is employed as an assistant manager in the furniture division of a national chain of department stores. He is a recent college graduate with a degree in marketing. During 2011, he enrolls in the evening MBA program of a local university and incu..
Find the convexity of a seven-year maturity, 6.0% coupon bond selling at a yield to maturity of 7.2%. The bond pays its coupons annually.
Bey Co. issued 20-year, $1,000 bonds at a coupon rate of 7 percent. The bonds make annual payments. If the YTM on these bonds is 5 percent, what is the current bond price?
Compact fluorescent lamps (CFLs) have become more popular in recent years, but do they make financial sense? Suppose a typical 60-watt incandescent light bulb costs $0.39 and lasts for 1,000 hours. A 15-watt CFL, which provides the same light, costs ..
The Florida lottery Agrees to pay the winner $254,000 at the end of the year for the next 20 years. What is the future value of this prize if each payment is put in an account earning 0.08?
What is the project net cash flow (OCF) for year 2 and what is the book value at the end of year 3 - What is the discounted payback for this project - Construct income statement and what best describes operating profit margin.
What do you mean by horizontal and vertical analysis of financial statements? Discuss the categories of Ratios with the help of suitable example. Explain the concept of working capital. Discuss the working capital management strategies. Elaborate Rev..
Arrange the following items into an income statement. Label each item, place it in the appropriate category, and determine the bank's bottom- line net income. a. Interest paid on time deposits under $ 100,000: $ 78,002 b. Interest paid on jumbo CDs: ..
The effective annual yield on a one-year zero coupon bond is 7% and the effective annual interest rate on a two-year zero coupon bond is 8%. You are able to arrange a one-year forward investment at rate i for a one-year period.
Hardin-Gehr Corporation (HGC) began operations 5 years ago as a small firm serving customers in the Detroit area. However, its reputation and market area grew quickly. Today HGC has customers all over the United States. Despite its broad customer bas..
The Marvel MFG. Company is considering whether or not to constuct a new robotic production facility. The cost of this new facility is 600,000 and it is expected to have a six year life with annual depreciation expense of $100,000 and no savage value...
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd