Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 30, 2024

If the minority price for a single share of stock of a company is $20, if there are 500 thousand shares of stock, and a

If the minority price for a single share of stock of a company is $20, if there are 500 thousand shares of stock, and a person offers to buy the entire company for $14.5 million, what is the minority discount? (Provide your answer as a percentage).

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Sports Finance And Management Real Estate Media And The New Business Of Sport

Authors: Jason A. Winfree, Mark S. Rosentraub, Brian M Mills, Mackenzie Zondlak

2nd Edition

1138341819, 9781138341814

More Books

Students also viewed these Finance questions

Question

★★★★★

Refer to Exercise 5.14. Cairles selling and administrative expenses for August were $1,200. In Exercise 5.14 On August 1, Cairle Companys work-in-process inventory consisted of three jobs with the...

Answered: 1 week ago

Question

★★★★★

11. Is the code designed to be reusable?

Answered: 1 week ago

Question

★★★★★

=+a) The R2 for this trend line is 94%. A student decided to use this linear model to obtain a forecast for the percent who will respond yes in 2012. What value should the student use for Year?

Answered: 1 week ago

Question

★★★★★

1. Based on concepts discussed in this chapter, describe the factors that have contributed to 3M's new product success. 2. Is 3M's product development process customer centered? Why or why not? 3....

Answered: 1 week ago

Question

★★★★★

Which one of the following bonds is the most sensitive to changes in market interest rates? Multiple Choice Zero coupon, 4 year 8 percent annual coupon, 4 year 6 percent annual coupon, 10 year Zero...

Answered: 1 week ago

Question

★★★★★

On January 1, Gucci Brothers Inc. started the year with a $703,000 balance in Retained Earnings and a $591,000 balance in common stock. During the year, the company reported net income of $90,000,...

Answered: 1 week ago

Question

★★★★★

write a Business Memo The cafeteria at the college is a private company and is raising the price of the food. As a cafeteria manager, you must tell all your employees in your organization, the...

Answered: 1 week ago

Question

★★★★★

What measure have been undertaken by hospitals to control the costs of pharmaceuticals given the freedom physicians have to prescribe with no accountability for costs? Thoroughly defend your answer.

Answered: 1 week ago

Question

★★★★★

Assume the beach along the coast of Alaska has a slope of 1/250 and that the swell has the mean direction of propagation of 27 degrees, what is the alongshore flow rate? Would the flow rate change...

Answered: 1 week ago

Question

★★★★★

Describe how the distribution strategy creates value for the target. Compare the distribution strategy to competitors

Answered: 1 week ago

Question

★★★★★

a) The following problem and issues have arisen during the preparation of the draft financial statements of Dawes, a listed company, for the year to 30 September 20X6: Dawes capitalises borrowing...

Answered: 1 week ago

Question

★★★★★

Being able to influence others behavior is one of the cornerstones of effective leadership (Chapter 8). Effective leaders are able to influence followers and others to do or see things their way. In...

Answered: 1 week ago

Question

★★★★★

Select a work or sports team to which you belong/have belonged. Which team member (not the manager or coach) had the highest level of status? Identify the factors that contributed to that persons...

Answered: 1 week ago

Question

★★★★★

It has been said that success breeds cohesiveness, which in turn leads to more success. What does this mean? How is it supposed to work? Do you agree with the statement?

Answered: 1 week ago

Previous Question Next Question