Find what is theoretical rights price

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Question 1: Mirvac Ltd is seeking a fully amortised commercial mortgage loan of $100 000 from ANZ Banking Corporation. The conditions attached to the loan include an interest rate of 11.5% per annum, payable over five years by equal annual instalments. Calculate the annual payment.

Question 2: Huawei Ltd offers a rights issue to its shareholders at $5 per share when the market price is $6. The rights are offered 1:3. What is the theoretical rights price?

Question 3: Yin Zhang Ltd's before-tax net cash flow is expected to be $200 000 per annum. For tax purposes the depreciation charge is $20 000 per annum and the company income tax rate is $0.30 in the dollar. Determine the after-tax net cash flow.

Question 4: The Bodyshop's current dividend per share is 90 cents and it is expected to grow at the rate of 4% per cent per annum. Determine the current share price of The Bodyshop's shares. The company's required rate of return is 12% p.a.

Reference no: EM132606483

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