Question
A firm has the following book-value balance sheet; Debt =$ 5 ,000, Common Stock ($1 par)= 556 and Retained Earnings = $ 27 ,000. The
A firm has the following book-value balance sheet; Debt =$ 5 ,000, Common Stock ($1 par)= 556 and Retained Earnings = $ 27 ,000. The book value of assets is the total of Debt, Common Stock and Retained Earnings. The firm's bonds are currently selling for $ 961 and the firm's stock is currently selling for $ 60 . The firm's tax rate is 44 . What is the firm's market value?
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Liquidity Risk Management In Banks Economic And Regulatory Issues
Authors: Roberto Ruozi, Pierpaolo Ferrari
1st Edition
3642295800, 978-3642295805
