Kim Silverman, finance director of the First Public Bank, notes: We are fortunate to have a cost
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Kim Silverman, finance director of the First Public Bank, notes: “We are fortunate to have a cost of capital of only 10 percent. We want to leverage this advantage by acquiring other banks that have a higher cost of funds. I believe that we can add significant value to these banks by using our lower cost financing.” Do you agree with Silverman’s analysis? Why or why not?
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Business Analysis And Valuation
ISBN: 978-1473758421
5th Edition
Authors: Erik Peek, Paul Healy, Krishna Palepu
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