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When calculating a firm's enterprise value, what portion of the firm's cash should be included, in order to remain in the enterprise value? Multiple Choice
When calculating a firm's enterprise value, what portion of the firm's cash should be included, in order to remain in the enterprise value? Multiple Choice Only the amount needed to run the business None of the cash should be included Somewhere between 25 and 50 percent, at the analyst's discretion Only the amount necessary to maintain a constant EV/EBITDA ratio The average cash balance over the past three years Gloria purchased one 20-year bond at par value when it was initially issued. This bond has a coupon rate of 6 percent and matures 11 years from now. If the current market rate for this type and quality of bond is 6.4 percent, then Gloria should expect: Multiple Choice the bond issuer to increase the amount of all future interest payments. the yield to maturity to remain constant due to the fixed coupon rate. to realize a capital loss if she sold the bond at today's market price. today's market price to exceed the face value of the bond. the current yield today to be less than 6 percent
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