User Account

All Pages

What was the total cost to the firm of issuing securities

Assignment Help Accounting Basics
Reference no: EM132963393

Question - Trajax, Inc., a high-technology firm in Portland, raised a total of $110 million in an IPO. The company received $27 of the $30 per share offering price. The firm's legal fees, SEC registration fees, and other out-of-pocket costs were $450,000. The firm's stock price increased 17 percent on the first day of trading. What was the total cost to the firm of issuing the securities?

Reference no: EM132963393

Questions Cloud

What is the purchase price for this investment : An office building has the following investment characteristics: Year 1 NOI $1,800,000. What is the purchase price for this investment
Compute its cash flow on total assets : Revo Co. reports average total assets of $200,000, revenue of $159,000, net income of $53,000, Compute its cash flow on total assets
What is the required rate of return for Alpha Inc : Alpha, Inc. is currently trading at $40.00 per share, plans to pay a dividend of $6.00 next year, What is the required rate of return for Alpha Inc
What are the appropriate loan rates for each firm : Firm A has excellent credit, whereas Firm B's credit standing is such that it would pay prime + 3 percent. What are the appropriate loan rates for each firm
What was the total cost to the firm of issuing securities : The firm's stock price increased 17 percent on the first day of trading. What was the total cost to the firm of issuing the securities
What is the taxpayer incremental tax on this gain : The gain does not move the taxpayer to a different marginal tax bracket. What is the taxpayer's incremental tax on this gain
Show the statement of profit or loss and statement : Show the statement of profit or loss and statement of financial position extracts in respect of the grant in the first year under both methods
What is the value Barzini will show for the patent : Barzini Corporation holds a patent which it currently values at $1,500,000. Disregarding any amortization, what is the value Barzini will show for the patent
Determine how large a Wozac plant to build : It costs $0.40 per year to operate a unit of capacity. Determine how large a Wozac plant to build to maximize the NPV of the profit

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd