Question 26

1 Point

How much is the Overall Receipt of Proceeds for the Series A Preferred Shareholder?

$38,800,000

$42,000,000

$44,800,000

$45,500,000

Question 25

1 Point

How much is the Overall Receipt of Proceeds for the Series C Preferred Shareholder?

$98,400,000

$100,500,000

$140,400,000

$150,000,000

Question 24

1 Point

How much Participation Value is available for the Common Shareholders?

$107,200,000

$120,000,000

$131,200,000

$134,000,000

Question 23

1 Point

How much Participation Value is available for the Series B Preferred Shareholders?

$53,600,000

$60,000,000

$65,600,000

$76,571,429

Question 22

1 Point

What is the Total Value Available for Participation and Equity?

$268,000,000

$300,000,000

$312,000,000

$328,000,000

Question 21

1 Point

What is the Total Value of all of the preferences?

$44,000,000

$60,000,000

$72,000,000

$104,000,000

A company is worth $372MM today. The capital structure, in the order of preference, is as follows:

• 60,000 Series C preferred shares, participating, face value of $1,000 per share
• 40,000 Series B preferred shares, convertible into one common share each, face value of $800
• 20,000 Series A preferred shares, participating, face value of $600 per share
• 80,000 common shares

If redeemed, the preferential proceeds to each category of shares will equal their face values. All declared dividends have already been paid. If the company is liquidated today and assuming the convertible preferred shareholders convert, determine the following: