Business, 26.08.2019 16:30 gandalfhan
Nielson motors (nm) is a newly public firm with 25 million shares outstanding. you are doing a valuation analysis of nielson and you estimate its free cash flow in the coming year to be $40 million. you expect the firm's free cash flows to grow by 4% per year in subsequent years. because the firm has only been listed on the stock exchange for a short time, you do not have an accurate assessment of nielsen's equity beta. however, you do have the following data for another firm in the same industry: equity beta debt beta debt-equity ratio 1.8 0.4 1.5 nielson has a much lower debt-equity ratio of .5, which is expected to remain stable, and nielsen's debt is risk free. nielson's corporate tax rate is 40%, the risk-free rate is 5%, and the expected return on the market portfolio is 10%. nielson's estimated equity beta is closest to:
Answers: 1
Business, 22.06.2019 06:00, Wocking310
Transactions on april 1 of the current year, andrea byrd established a business to manage rental property. she completed the following transactions during april: opened a business bank account with a deposit of $45,000 from personal funds. purchased office supplies on account, $2,000. received cash from fees earned for managing rental property, $8,500. paid rent on office and equipment for the month, $5,000. paid creditors on account, $1,375. billed customers for fees earned for managing rental property, $11,250. paid automobile expenses for month, $840, and miscellaneous expenses, $900. paid office salaries, $3,600. determined that the cost of supplies on hand was $550; therefore, the cost of supplies used was $1,450. withdrew cash for personal use, $2,000. required: 1. indicate the effect of each transaction and the balances after each transaction: for those boxes in which no entry is required, leave the box blank. for those boxes in which you must enter subtractive or negative numbers use a minus sign. (example: -300)
Answers: 1
Business, 22.06.2019 14:20, deisyy101
Frugala is when sylvestor puts $2,000 into 10-year state bonds and $3,000 into 5-year aaa-rated bonds in steady hand hardware, inc. he buys the four state bonds at a 5 percent interest rate and the three steady hand bonds at a 6.5 percent rate. sylvestor also buys $1,500 worth of blue chip stocks, and $800 worth of stock in a promising new sportswear company that reinvests its earnings in new growth. 1. (a) what is the maturity for each of the bond groups sylvestor buys? (b) the coupon rate? (c) the par value?
Answers: 3
Nielson motors (nm) is a newly public firm with 25 million shares outstanding. you are doing a valua...
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