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You have been asked to advise an unlisted company in the same industry as companies A, B and C in question B5.a above. The company
You have been asked to advise an unlisted company in the same industry as companies A, B and C in question B5.a above. The company has provided its latest financial information in $ million: income of 25; revenue of 500; net tangible assets of 160. Latest year's growth in earnings of 5 %.
Estimate how much capital the company could raise by listing all its shares. Carefully explain your reasoning and clearly state any assumptions.
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