sample_excel_sol_chapter-20

sample_excel_sol_chapter-20 - Chapter 20 Odd Problems Input...

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Chapter 20 Odd Problems 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 20 Question 5 Input Area: Funds needed $35,000,000 Offer price $31 Spread 8% Output Area: Proceeds from sale $38,043,478 Number of shares offered 1,227,209
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Chapter 20 Question 1 Input Area: Shares outstanding 450,000 Price $90.00 New shares 80,000 New price $84.00 Output Area: a. New market value $47,220,000 b. Number of rights needed 5.63 c. P(x) $89.09 d. Value of a right $0.91 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 20 Question 3 Input Area: Rights-on price $75 Ex-rights price $70.25 Funds needed $15,000,000 Subscription price $50 Output Area: P(x) $4.263 Number of new shares 300,000 Number of old shares 1,278,947
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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-20 - Chapter 20 Odd Problems Input...

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