Answer:
It can purchase at most, $18.13 per share.
Or 72.52 millions for the total 4,000,000 shares
Explanation:
We are given with the present value of the merger at Craftworks discount rate. The shares can be purchase at most at the same level of the present value of the increase in the free cash flow.
That way, the net present value will be zero and the merger will yield the 16% required.
72,520,000 Millions
4,000,000 shares outstanding
price per share 18.13
The crafworks shares can be purchase at most for 18.13 above this, it would yield the 16% required
Currently the share are at 16.25 so it could be possible to do the take-over
Answer:
SORRY bro i really need the points
Explanation:
SORRY bro SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry SORRY sorry
For both accepting and rejecting, thank the employer for the wonderful opportunity that was given. When accepting state that you are happy with the employment terms, and the salary that was given. When rejecting tell the employer thank you, but simply state how there may have been better opportunities, or how the job was not the right fit for you. Both should be done either by email or phone.
Answer and Explanation:
The computation is shown below:
a. Current price is
= D1 ÷ (Required return - Growth rate)
= ($1.20 × 1.04 ÷ (0.1 - 0.04)
= $20.8
b. Now the price in three year is
P3 = Current price × (1 + Growth Rate)^3
= $20.8 × (1.04)^3
= $23.40
c. For price in 10 year it is
P10 = Current price × (1 + Growth Rate)^10
= $20.80 × (1.04)^10
= $30.79
We simply applied the above formula