Shares remaining after recapitalization

Assignment Help Finance Basics
Reference no: EM132347781

Shares Remaining After Recapitalization

Dye Trucking raised $130 million in new debt and used this to buy back stock. After the recap, Dye's stock price is $7. If Dye had 50 million shares of stock before the recap, how many shares does it have after the recap? Do not round intermediate calculations. Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Round your answer to two decimal places.

Reference no: EM132347781

Questions Cloud

What is the npv of opening the bakery : The one concern you have is that you have limited parking; by opening the bakery you run the risk of not having enough parking for customers who enjoy your bar
What are the riskiest components of currency exchange : What are the riskiest components of currency exchange? How is it measured and how can companies reduce or control the potential risk?
Identify the internal and external processes : Identify the internal and external processes used by auditors for the organization you researched in Week 1. My organization is a bank. Everything MUST be.
Music for motivation or cross-country playlist : Create a list of six to nine musical works. Organize your selections under a theme such as "Music for Motivation" or "Cross-Country Playlist."
Shares remaining after recapitalization : Dye Trucking raised $130 million in new debt and used this to buy back stock. After the recap, Dye's stock price is $7. If Dye had 50 million shares
Discuss using cloud services for disaster recovery : Discuss using cloud services for disaster recovery? What are the cost and security considerations? What cloud vendors would you recommend?
Define the term person-centred values : NCFE level 2 Certificate for Preparing to Work in Adult Social Care-Explain the importance of using person-centred values when working with an individual.
Historical developments of street fashion and subcultures : Endeavour to explore the historic developments of fashion and subcultures, looking at inlfuential groups and focusing on the development of streetwear
Difference between market risk and incremental risk : What is the difference between market risk and incremental risk and why they are both important factors when looking at a stock market portfolio.

Reviews

Write a Review

Finance Basics Questions & Answers

  How the beta of a portfolio can equal the market beta

Explain how the beta of a portfolio can equal the market beta if 50 percent of the portfolio is invested in a security that has twice the amount of systematic risk as an average risky security.

  Calculate the conversion price in dollars and the premium

The conversion rate is 12.8793 shares per $1000 bond. Calculate the conversion price in dollars and the premium as a percentage. Then discuss reasons to explain the size of the premium. Explain why Twitter decided to issue convertible bonds instea..

  Compute earnings per share for common preferred dividends

At December 31, Tyler Co. has $500,000. of $100 par value, 8% cumulative preferred stock outstanding and $2,000,000. of $10. Compute earnings per share of common stock for the year under the following independent situations.

  Capm-sources of risk

Critique the Capital Asset Pricing Model (its components), strengths and weaknesses.

  What is the direct materials price variance

Tip Top Corp. produces a product that requires eight standard gallons per unit. The standard price is $4 per gallon. If 2,200 units required 18,000 gallons.

  Find the z-score

Find the z-score for which 99% of the distribution's area lies between -z and z.

  Analyse the legal and theoretical issues

Critically identify and analyse the legal and theoretical issues raised by the quotation and the question posed.

  What is its self-supporting growth rate

How large a sales increase can the company achieve without having to raise funds externally; that is, what is its self-supporting growth rate?

  Maximizing shareholder interests

How does maximizing the value of the corporation differs from maximizing shareholder interests?

  How is the degree of financial leverage

What is financial leverage? What causes it? How is the degree of financial leverage (DFL) measured?

  What is the current share price

Investors require a return of 13 percent for the first three years, a return of 11 percent for the next three years, and a return of 9 percent thereafter

  Ceteris paribus the price and yield on a bond are

Ceteris paribus, the price and yield on a bond are

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