The changes in a firm's future cash flows that are a direct consequence of accepting a project are called
_ cash flows.
D. net present value
The annual annuity stream of payments w
An analysis of what happens to the estimate of the net present value when you examine a number of
different likely situations is called _ analysis.
An analysis of w
The explicit costs, such as the legal expenses, associated with corporate default are classified as _
B. beta conversion
C. direct bankruptcy
D. indirect bankruptcy
The costs of avoiding a bankruptcy
The complete absorption of one company by another, wherein the acquiring firm retains its identity and
the acquired firm ceases to exist as a separate entity, is called a:
C. tender offer.