How many shares would have to be issued

Assignment Help Finance Basics
Reference no: EM13303097

Your firm needs to raise $10 million. Assuming that flotation costs are expected to be $15 per share, and that the market price of the stock is $120, how many shares would have to be issued? What is the dollar size of the issue?

Reference no: EM13303097

Questions Cloud

What is the speed of the ejected electrons : The work function of an element is 3.2 eV. Photons of a certain energy are found to eject electrons with a kinetic energy of 2 eV. What is the speed of the ejected electrons
What will the stock price be following the split : Becker Financial recently declared a 2-for-1 stock split. Prior to the split, the stock sold for $80 per share. If the firm's total market value is unchanged by the split, what will the stock price be following the split?
How many photons does this station emit each second : An FM radio station transmits at a frequency of 80 MHz and a total power of 65 kW. How many photons does this station emit each second
Develop business requirements : Define business processes a) What a Baker does? Discuss the business activities/processes of the organization to show your understanding about the business and develop business requirements
How many shares would have to be issued : Your firm needs to raise $10 million. Assuming that flotation costs are expected to be $15 per share, and that the market price of the stock is $120, how many shares would have to be issued? What is the dollar size of the issue?
Determine the final temperature and pressure of the gas : One mole of an ideal diatomic gas is expanded at constant temperature from a pressure of two atmospheres, What are the final temperature and pressure of the gas
What will be the projected effect on earnings : What will be the projected effect on earnings before interest and taxes if the firm's sales level should increase by 20 percent from the volume noted in part c?
Online access code for emergency medical responder : What is the online access code for Emergency Medical Responder I just order this book from Chegg to rent and I will be getting it thursday. Is there anyway I could get the access code tonight. Please I have to take a pretest before class.
Identify a specific skilled nursing facility : Health care continues to create new services to provide care to patients that are cost effective and efficient. With the aging population, more emphasis is being place on skilled nursing facilities (nursing homes), assisted living facilities (ALFs), ..

Reviews

Write a Review

Finance Basics Questions & Answers

  Capital market instruments

Insert the following items in the appropriate section of the Statement of Cash Flows and indicate whether this increases or decreases cash flow:

  What is the price of a treasury strips with a face value

What is the price of a treasury STRIPS with a face value of $100 that matures in ten years and has a yield to maturity of 3.5%.

  What is the npv of project? assume a 10% annual discount

A 20-year project produces annual cash flows of $12,000 from year 1 to year 20. If the payback period is exactly 12 years, what is the NPV of this project? Assume a 10% annual discount rate.

  What roles do you think the federal reserve played

What roles do you think the Federal Reserve played in the manipulation of prime rates that may have partially contributed to the failure of the U.S. banking system in 2008?

  Answer the multiple choice questions

Accounting for long-term investments in equity securities with controlling influence uses the: at the end of the accounting period, the owners of debt securities:

  What is the roe under each alternative

Mos Company is attempting to establish a current assets policy. Fixed assets are $1M and the firm intends to maintain a 50% debt to assets ratio. Mos has no current liabilities. The interest rate is 8% on all debt.

  What is the expected real intest rate

The two year interest rate is 13.8% and the expected annual inflation rate is 6.9%. What is the expected real intest rate?

  Tomey supply company financial statements

Tomey Supply Company financial statements for the most recent fiscal year are shown below. The company management projects that sales will increase by 20 percent next year.

  Finance capital structure decision and cost of capital

Upon reviewing total debt/equity ratios, company betas, profitability ratios, company revenue, assets, and liabilities, and the nature of the operations of the companies including the nature of their customers and products.

  Common stock valuation

Mary Lee, a Harvard graduate with Invest Inc. of Oklahoma City is trying to sell you a stock with a current market price of $25.00. The stocks last dividend was $2.00,

  Calculate the effective annual rate of interest

John Fleming has been shopping for a loan to finance the buy of a used car. He has found three possibilities that seem attractive and wishes to choose one with the lowest interest rate.

  What is the amount and nature of ricardo gain or loss

What is the amount and nature of Ricardo's gain or loss on the sale of the warehouse?

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd