Calculate the net proceeds per share to husker

Assignment Help Finance Basics
Reference no: EM132345785

Husker's Tuxedo's, Inc. needs to raise $268 million to finance its plan for nationwide expansion. In discussions with its investment bank, Husker's learns that the bankers recommend an offer price (or gross price) of $35 per share and they will charge an underwriter's spread of $2.65 per share.

Calculate the net proceeds per share to Husker's from the sale of stock. (Round your answer to 2 decimal places.)

How many shares of stock will Husker's need to sell in order to receive the $268 million needed? (Round your final answer to the nearest whole number.)

Reference no: EM132345785

Questions Cloud

How you could bring in ideas and techniques from theories : Show how you could bring in ideas and techniques from the various theories you have studied into your own integrative theoretical stance.
Personal risk management plan : What are the steps to writing a Personal Risk Management Plan?
Analyze opportunities for strategic change that are evident : Analyze the opportunities for strategic change that are evident, citing evidence. Explain the impact of culture and structure in relation to strategic change.
Example of how linear programming can be used : Please provide an example of how linear programming can be used in one of the following: operations, marketing or finance.
Calculate the net proceeds per share to husker : Calculate the net proceeds per share to Husker's from the sale of stock. (Round your answer to 2 decimal places.)
In what areas do you continue to need to grow in : What has been the most interesting thing that you encountered this semester (i.e., clients, staff, supervision, etc.)? In what areas have you've grown.
Write a nutritional analysis of the meal you have created : Write a nutritional analysis of the meal you have created (include macronutrients, key vitamins, minerals and any other nutrient worth mentioning).
Identify how the current manual process is working : Your next task in developing your Business Analysis and System Recommendation (BA&SR) Report is to conduct a process analysis
Describe the psychological principles in brief : Psychological principles are theories and beliefs about major areas of our lives, like cognitions, intelligence, social groups, habit, behavior.

Reviews

Write a Review

Finance Basics Questions & Answers

  Possible problems associated with this policy option

Is it a good thing for for the shares of an exchange to be listed and traded on the exchange itself? Providing reasons for the response as well as possible problems associated with this policy option and how they can be addressed.

  Would the breakeven point increase or decrease

Would the breakeven point increase or decrease if the variable costs move from 40% to 45% of sales (all else constant)? Pick one.

  Random variable representing the number of heads

Let x be a random variable representing the number of heads that appear when a fair coin is tossed 4 consecutive times. Let y = 2x - 4

  What would be the total cost of the job

Suppose a job required parts costing $370 and technician time costing $185. What would be the total cost of the job?

  Compute the cash flow from assets of the most current

Compute the cash flow from assets of the most current year for Netflix, using the indirect method. What does it indicate?

  Find cost of equity if equity market risk premiumis is given

Suppose that Wal-Mart changes its capital structure so that its market value weight of debt to capital increases to 20 percent, and its after-tax interest rate on debt at this new leverage level is 4 percent.

  Repurchase of shares

What is the total market value of the equity after the repurchase? What is the per-share value after the repurchase?

  What annual return will you need to earn to meet this goal

Assuming that you don't deposit any additional money into the account, what annual return will you need to earn to meet this goal?

  Is the lease a good value compared to buying outright

Explain to me the relationship between the NPV of the lease versus the outright purchase. What does it mean? Is the lease a good value compared to buying outright?

  What is a cash budget what are the usual steps involved in

what is a cash budget? what are the usual steps involved in preparing a cash

  Calculate the net present value of the mill

A saw mill for cutting wood costs $24,000 at the present time. You can earn a net return of $6,800 at the end of year 1, $7,000 at the end of year 2, $7,200.

  Best estimate of the company cost of equity

Which it has pledged to increase at an annual rate of 3.10 percent indefinitely. What is your best estimate of the company's cost of equity?

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