sample_excel_sol_chapter_19

# sample_excel_sol_chapter_19 - Chapter 19 Problems 1-18...

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Chapter 19 Problems 1-18 Input boxes in tan Output boxes in yellow Given data in blue Calculations in red Answers in green NOTE: Some functions used in these spreadsheets may require that the "Analysis ToolPak" or "Solver Add-in" be installed in Excel. To install these, click on "Tools|Add-Ins" and select "Analysis ToolPak and "Solver Add-In."

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Chapter 19 Question 1 Input Area: Shares outstanding 350,000 Price \$85.00 New shares 70,000 New price \$70.00 Output Area: a. New market value \$34,650,000 b. Number of rights needed 5.00 c. P(x) \$82.50 d. Value of a right \$2.50 e. A rights offering usually costs less, it protects the proportionate interests of existing share- holders, and protects against underpricing.

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Chapter 19 Question 3 Input Area: Ex-rights price \$80 Rights-on price \$74.50 Funds needed \$15,000,000 Price \$40 Output Area: P(x) \$6.273 Number of new shares 375,000 Number of old shares 2,352,273
Chapter 19 Question 5 Input Area: Funds needed \$25,000,000 Offer price \$35 Spread 8% Output Area: Proceeds from sale \$27,173,913 Number of shares offered 776,398

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Chapter 19 Question 7 Input Area: Company price per share \$19.75
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## This note was uploaded on 02/14/2011 for the course FINANCE 620 taught by Professor Halstead during the Fall '09 term at UMBC.

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sample_excel_sol_chapter_19 - Chapter 19 Problems 1-18...

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