Mathematics, 03.08.2021 14:00, BrownieMan123
May plc has 10 million ordinary shares in issue and its current market price is £8.00 per share. The company wishes to embark on a major expansion programme and, given its current high level of financial gearing, has decided to raise new equity of £4 million.
The company is seeking your advice on a number of potential share issue methods:
(i) An rights issue at 25% discount to the current market price;
(ii) A deep discounted rights issue at 50% discount;
(iii) A placing of shares with institutions at 12 1⁄2% discount to the current market price.
Required:
a) Calculate the theoretical ex rights price under options (i) and (ii)
Answers: 2
Mathematics, 21.06.2019 18:30, anishivaturi123
Select the lengths in centimeters that would form a right triangle
Answers: 1
Mathematics, 21.06.2019 21:30, cassandramanuel
Carl's candies has determined that a candy bar measuring 3 inches long has a z-score of +1 and a candy bar measuring 3.75 inches long has a z-score of +2. what is the standard deviation of the length of candy bars produced at carl's candies?
Answers: 1
May plc has 10 million ordinary shares in issue and its current market price is £8.00 per share. The...
Mathematics, 17.02.2021 22:10
Health, 17.02.2021 22:10
Physics, 17.02.2021 22:10
Biology, 17.02.2021 22:10