Issuance of new equity, We have a company that needs to

Issuance of new equity

Assignment Help Business Management

Reference no: EM133578560

Question

We have a company that needs to have $30mm in hand after the issuance of new equity. The company will sell new shares of equity via a general cash offering to raise the needed funds. The offer price is $40 per share and the company's underwriters charge a 10 percent spread. How many shares need to be sold?

Reference no: EM133578560

Questions Cloud

Define term hermeneutics and provide a bit of hermeneutic : Define the term Hermeneutics and provide a bit of hermeneutic commentary about the image you chose. Interpret what you feel the image reveals about the culture

Bonds make semiannual payments and currently : The bonds make semiannual payments and currently sell for 111 percent of par.

Discuss why you think his plays, although tragic and about : discuss why you think his plays, although tragic and about horrible circumstances, might have been uplifting to the original audience?

What is the significance of consumer credit score : What is the significance of a consumer's credit score? If a person has no credit or a low credit score, what is a way for them to improve their credit score?

Issuance of new equity : We have a company that needs to have $30mm in hand after issuance of new equity. Company's underwriters charge 10 percent spread. How many shares need to sold

Explain how each of the valuation methods : Explain how each of the valuation methods described here works. LBO PE firms report evaluating deals based on the expected IRR instead of the DCF approach

How her fund performed relative to other funds : A portfolio manager would like to know how her fund performed relative to other funds of the same type and relative to the amount of risk the funds all exhibite

Earnings per share after the repurchase if economy booms : The bond proceeds will be used to repurchase shares. Ignore taxes. What will be the earnings per share after the repurchase if the economy booms?

Combat climate change : Are the actions of individuals working together going to be enough to combat climate change? Who is responsible for making the necessary changes?

User Account

All Pages