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1. What is the primary goal of financial management? 2. When an already public company issues new shares, it is called a 3. Facebook raised
1. What is the primary goal of financial management? 2. When an already public company issues new shares, it is called a 3. Facebook raised $16 billion through their lPO in May 2012. In December 2013, they issued an additional 70 million shares. Does this transaction occur in the primary or secondary market? 4. What is the largest initial pubic offering (IPO) in US history? Please list the company, date, and how much capital was raised 5. What is the difference between money markets and capital markets? 6. Using Yahoo! Finance, provide the following information about Wingstop, Inc: stock price with the date recorded, market capitalization, earnings per share, sector, and chief financial officer 7. You have received an inheritance which will pay you $100,000 eight years from today. What is the value of your inheritance in today's dollars if your discount rate is 7% compounded annually? 8. If your inheritance in problem 7 also included $200,000 to be received 13 years from today, what would the total present value of your inheritance be assuming a discount rate of 7% compounded annually
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