What was the primary explicitly stated or implied reasons

Assignment Help Financial Management
Reference no: EM131354209

1) List at least five of the major (US or major international) companies that came out with substantial IPOs or SEOs in, say, the last one year. What was the primary explicitly stated or implied reasons for those stock issues, in at least TWO of the cases?

a) In any ONE of the instance you indicated in # 1 above, indicate specifically (a) the amount of originally proposed IPO or SEO amount, (b) the amount actually raised (final issue price and the total), and (c) the reasons for the difference in the two amounts if any. What, if any, was the amount “left on the table?”

b) What, in your opinion, is the future of raising capital from outside sources? What do you think would be the relative importance of internal sources of capital funding in the near future and why?

Reference no: EM131354209

Questions Cloud

What is market value of the firm equity and debt : Sunburn Sunscreen has a zero coupon bond issue outstanding with a face value of $26,000 that matures in one year. The current market value of the firm’s assets is $27,600. The standard deviation of the return on the firm’s assets is 40 percent per ye..
Discuss economic aspects of foreign corrupt practices act : Discuss the economic aspects of the foreign corrupt practices act. What evidence is there on the economic affects of the act? How does the theory of finance illuminate payments to foreign officials as an investment? What is the significance of the Is..
Investor prefer convertible bond over regular bond : Explain why the market value of common stock often differs from its liquidation value or its book value. Why might an investor prefer a convertible bond over a regular bond? Why do investors pay attention to bond ratings and demand a higher interest ..
Dividend yield and the capital gains yield for first year : Conroy Consulting Corporation (CCC) has been growing at a rate of 30% per year in recent years. This same nonconstant growth rate is expected to last for another 2 years. You are also given that D0 = $2.50, and the growth rate after 2 years will be c..
What was the primary explicitly stated or implied reasons : List at least five of the major (US or major international) companies that came out with substantial IPOs or SEOs in, say, the last one year. What was the primary explicitly stated or implied reasons for those stock issues, in at least TWO of the cas..
Coupon rate-the yield to maturity and the current yield : Describe the relationships that exist between the coupon rate, the yield to maturity, and the current yield for both a discount bond and a premium bond.
Jonathan construction must replace tractor : Jonathan Construction must replace a tractor. Cat and International are two of the best alternatives. Both are expected to last 6 years. If Jonathan has MARR of 10%, which tractor would he chose?
About the new tires : You need new tires. Bridgestone cost $33.95 per tire and Michelin cost $65.50. Michelin is more durable and will last longer. Both installation is $1.50 per tire. Bridgestone will last 20,000 miles. With MARR of 6% and you drive 10,000 miles per year..
Find the bills discount yield-money market yield : You just bought a 91-day treasury bill for $9,887. Find the bill’s discount yield. The bill’s money market yield. What is the discount yield on these securities? The discount yield on a money market instrument with a face value of $100,000 and a matu..

Reviews

Write a Review

Financial Management Questions & Answers

  What is the estimated value of each share of stock

The PV of XYZ Corp.'s future operating free-cash flow is $500 million. It has debt outstanding of $30 million and cash and marketable securities of $10 million. It also owns an undeveloped tract of land recently appraised for $8 million. There are 5 ..

  Calculate value of share of stock-investors required rate

Using the P/E ratio approach to valuation, calculate the value of a share of stock under the following conditions: the investors required rate of return 14%. the expected level of earning at the end of the year (E1) is $5. the firm follows a policy o..

  Book value balance sheet

Bolster Foods’ book value balance sheet shows a total of $25 million long-term debt with a coupon rate of 8.5%. The bond has 15 years remaining, and it’s currently trading at 120% of the face value. The firm issued $100 million worth of common stock ..

  Estimated salvage value at the time is expected

A company has decided to purchase new office furniture with a useful life of 12 years for $100,000. Sales tax for the furniture was $6,000, and inbound transportation costs were $4,000. Its estimated salvage value at the time is expected to be $5,000..

  Stock price according to the constant growth dividend model

Marco Chip, Inc just issued zero-coupon bonds with a par value of $1000. The bond has a maturity of 14 years and a yield to maturity 0f 6.96%, compound semi-annually. What is the current price of the bond? The last dividend of Delta, Inc was $2.69, t..

  Create a portfolio with an expected return

You have $208 thousand to invest in a stock portfolio. Your choices are Stock H, with an expected return of 14.05 percent, and Stock L, with an expected return of 10.22 percent. If your goal is to create a portfolio with an expected return of 12.99 p..

  What is the fair price of investment

An investment pays $500 per year for the first 4 years, $400 per year for the next 3 years, and $700 per year the following 8 years (all payments are at the end of each year). If the discount rate is 10.00% compounding quarterly, what is the fair pri..

  Population growth scenario be considered an ordinary annuity

Why can this population growth scenario be considered an ordinary annuity? What will the population be at the end of 12 years of such growth? What if the town actually started out at the beginning of year 1 with 500,000 residents? What would be the p..

  The annual interest rate is closest

You borrow $25,000 to be repaid in 12 monthly installments of $2,292.00. The annual interest rate is closest to: a. 1.5 percent. b. 12% c. 18% d. 24% Could you please add complete formulas and excel functions

  Annual pretax cost savings

Purple Haze Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $540,000 is estimated to result in $225,000 in annual pretax cost savings. The press falls in the MACRS five-year class, ..

  What is your aftertax return for the year

You purchased a stock at the end of the prior year at a price of $93. At the end of this year the stock pays a dividend of $1.50 and you sell the stock for $99. What is your return for the year? Now suppose that dividends are taxed at 15 percent and ..

  What is proper cash flow amount to use as initial investment

Kenny, Inc., is looking at setting up a new manufacturing plant in South Park. The company bought some land six years ago for $7.7 million in anticipation of using it as a warehouse and distribution site, but the company has since decided to rent fac..

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