Developer of advanced security systems

Assignment Help Finance Basics
Reference no: EM131783719

IDX Technologies is a privately held developer of advanced security systems based in Chicago. As part of your business development? strategy, in late 2013 you initiate discussions with? IDX's founder about the possibility of acquiring the business at the end of 2013. Estimate the value of IDX per share using a discounted FCF approach and the following? data:

  • ?Debt:$ 33million
  • Excess?cash:$ 111million
  • Shares?outstanding: 50 million
  • Expected FCF in?2014:$ 47million
  • Expected FCF in?2015:$ 58million
  • Future FCF growth rate beyond?2015: 5 %
  • ?Weighted-average cost of?capital: 9.4 %

Reference no: EM131783719

Questions Cloud

Expected returns and volatilities : Calculate ?(a?) the expected return and ?(b?) the volatility? (standard deviation) of a portfolio that consists of a long position of $12,000 in Johnson?.
Default-free securities with face values : Prices of? zero-coupon, default-free securities with face values of $1,000 are summarized in the following? table:
Complete the problem of finding the second eigenvectors : For the system in Section, the eigenvector for the first mode was determined by the Gauss elimination method.
Prepare amortization schedule for four-year term of lease : Prepare an amortization schedule for the four-year term of the lease, the journal entry for the first lease payment on December 31, 2011
Developer of advanced security systems : IDX Technologies is a privately held developer of advanced security systems based in Chicago. As part of your business development? strategy
What is bellfonts production cost per door stopper : Bellfont expects to produce 100,000 door stoppers. Assuming no structural changes, what is Bellfont's production cost per door stopper for September?
Discuss about the method of cofactors : In the method of cofactors, App. C.4, the cofactors of the horizontal row, and not of the column, must be used. Explain why.
Difference between compensatory-punitive and nominal damage : Explain the role of courts of original jurisdiction and those of appellate jurisdiction. Discuss difference between compensatory, punitive, and nominal damages.
Prepare a statement of cash flows using the indirect method : Prepare a 2018 statement of cash flows using the indirect method. Use the textbook format (pages 1,420, 1,423, 1,427). Do not submit supporting computations.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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