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Molodets [167]
3 years ago
13

The Master Manufacturing Company has just announced a tender offer for its own common stock. Master is offering to buy up to 100

% of the company's stock at $20 per share contingent on at least 64% of the outstanding shares being tendered. After the announcement of the offer, the stock closed on the NYSE up 2.50 at $18.75. If a customer were to tender 100 shares held long, the customer is assured of receiving:
Business
1 answer:
siniylev [52]3 years ago
4 0

Answer:

$0

Explanation:

Since the offer to repurchase the stock's is contingent (or depends on) the fact that 64% of all outstanding stocks are tendered, there is absolutely no assurance that the threshold (64%) will be met. So there is no assurance that the stockholder is going to be paid (there is no guaranteed payment at all) if he/she decides to tender the stocks.

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Answer:

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Explanation:

6 0
3 years ago
Which of the following expresses the value of a levered firm (VL) in the Static Tradeoff model of optimal capital structure [Not
Brut [27]

Answer:

C. VL = VU + PV(Tax Shield) - PV(CFD)

Explanation:

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3 years ago
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Sergeu [11.5K]

Answer:

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6 0
2 years ago
Please help, I put 40 points.)
Wewaii [24]
I think the second one cause Lara study's new hybrid plants and that's what a plant scientist does and then Jon uses it to feed cattle and farmers have cattle
Sorry if wrong but I hope this helps
6 0
3 years ago
Read 2 more answers
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