{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

sample_excel_sol_chapter-20

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

This preview shows pages 1–7. Sign up to view the full content.

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."

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
k"
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

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
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.
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

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
Chapter 20 Question 7 Input Area:
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

### What students are saying

• As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

Kiran Temple University Fox School of Business ‘17, Course Hero Intern

• I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

Dana University of Pennsylvania ‘17, Course Hero Intern

• The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

Jill Tulane University ‘16, Course Hero Intern