Question
Please calculate the pre-money value (in m) and the issue price? 2. Please calculate the number of new shares and the number of new
Please calculate the pre-money value (in € m) and the issue price?
2. Please calculate the number of new shares and the number of new shares for 10 existing shares?
3. Please calculate the TERP and the theoretical value of the right?
II.2 - Rights issue of a listed company A listed company has the following characteristics: Number of shares outstanding: 1,000,000 Stock price: 150 Market capitalization: 150 m PER: 10x. The company decides to raise new equity for 24 m, with a 20% discount to the stock price.
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1To raise 24 million the company will issue new shares worth 24 million 1 20 30 million The premoney ...Get Instant Access to Expert-Tailored Solutions
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
5th edition
78025915, 978-1259115400, 1259115402, 978-0078025914
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