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!
On 1 April 2014, Singapore’s OCBC Bank announced its offer to acquire all the issued shares of Wing Hang Bank Limited in Hong Kong at a price of HK$125 per share. Wing Hang Bank was the 4th largest mid-sized bank in Hong Kong by gross loans at the time, and its strengths lay in SME, automobile and equipment financing, and mortgage and tax loans. Wing Hang Bank also owned a network of branches both in Macau and mainland China which OCBC Bank had hoped to leverage on to deepen OCBC’s presence in the Greater China region. The acquisition was completed in July at $6.23 billion Singapore Dollars, and on 1 October 2014, Wing Hang Bank was rebranded as OCBC Wing Hang to reflect its integration into the OCBC group. Identify at least four (4) financial risks faced by OCBC Bank group that might be impacted by the acquisition. For each risk, assess the possible impact and appraise strategies for measurement and management of such risks.
Champion Bakers uses specialized ovens to bake its bread. One oven costs $840,000 and lasts about 3 years before it needs to be replaced. The annual operating cost per oven is $11,000. What is the equivalent annual cost of an oven if the required rat..
T-Bill Discount Newly issued three-month T-bills with a par value of $10,000 sold for $9,700. - Compute the T-bill discount.
Suppose that the current level of the Standard & Poor's Index is 1100. The prospective dividend yield on S&P500 stocks is 3%, and the risk-free interest rate is 2%. What is the value of a one-year futures contract on the index?
Ratio analysis involves analyzing financial statements in order to appraise a firm's financial position and strength. A stock with a beta equal to -1.0 has zero systematic (or market) risk.
Betsy Ross owns 927 shares in the Hanson Fabrics Company. There are 15 directors to be elected. 33,500 shares are outstanding. The firm has adopted cumulative voting. How many total votes can be cast? What percentage of the total votes does she contr..
The Yurdone Corporation wants to set up a private cemetery business. According to the CFO, Barry M. Deep, business is “looking up.” As a result, the cemetery project will provide a net cash inflow of $131,000 for the firm during the first year, and t..
Assume that you have received a capital expenditure request for $52,000 for plant equipment and that you are required to do a justification analysis using capital budgeting techniques. The company’s cost of capital is 12% and the equipment (investmen..
Measured in today's pounds using a required rate of return of 14%. What is the break- even salvage value of this project?
Assume that your partner and you are in the consumer lending business. A customer, talking with your partner, is discussing the possibility of obtaining a $10,000 loan for three months. Furthermore, because the money is needed now and is for only thr..
1 the difference between the price and the par value of a zero-coupon bond represents .a taxes payable by the bond
Demarius owns investment A and 1 share of stock B. The total value of his holdings is 1,547.71 dollars. Investment A is expected to pay annual cash flows to Demarius of 260 dollars per year with the first annual cash flow expected later today and the..
Create a replacement chain for Alternative A. Assume that the cost of replacing A will be $30,000 and that the replacement project will generate cash flows of $10,500 for years 5 through 8.
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