Anzio, Inc., has two classes of shares. Class B has 5 times the voting rights as Class A. If you own 12% of the Class Ashares and 21% of the Class B shares, what percentage of the total voting rights do you hold?The percentage of the total voting rights that you hold is%. (Round to one decimal place.) Assume Evco, Inc. has a current stock price of $48.23 and will pay a $2.15 dividend in one year; its equity cost of capitalis 17%. What price must you expect Evco stock to sell for immediately after the firm pays the dividend in one year tojustify its current price?We can expect Evco stock to sell for $(Round to the nearest cent.)

Shareholders, as owners of the company, have a financial stake in the organization and typically…

Answered: Anzio, Inc., has two classes of shares.…

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter11: Venture Capital Valuation Methods

Section: Chapter Questions

Problem 1bM

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Anzio, Inc., has two classes of shares. Class B has 15 times the voting rights as Class A. If you own 18% of the Class A shares and 27% of the Class B shares, what percentage of the total voting rights do you hold? Question content area bottom Part 1 The percentage of the total voting rights that you hold is enter your response here%. (Round to one decimal place.)
Anzio, Inc., has two classes of shares. Class B has 10 times the voting rights as Class A. If you own 16% of the Class A shares and 23% of the Class B shares, what percentage of the total voting rights do you hold?
Indicate whether the following statements are true or false. If the statementis false, explain why.b. If you own 100 shares in a company’s stock and the company’s stocksplits 2-for-1, then you will own 200 shares in the company followingthe split.
Suppose that Home Depot, Inc. (HD) is currently holding shares of Apple Inc. (AAPL) and Autozone Inc. (AZO). It owns 57% of AAPL and 43% of AZO. The market values of shares are $2,910,800 and $5,710,200, respectively. HD has total 48,750 shares outstanding. Based on the efficient market approach, the per-share value of HD is closest to O A. $98.15. OB. $92.70. O C. $84.40. D. $73.79.
Jefferson Refining is issuing a rights offering wherein every shareholder will receive one right for each share of equity they own. The new shares in this offering are priced at £21 plus 3 rights. The current market value of the equity is £75 million with 3 milion shares outstanding. What is the value of one right? Show your steps. can u please upload the excel file
Walter Corporation has three classes of shares: Series A, Series B, and Class A. How should Walter classify and present the different classes if the characteristics of each class are as follows? Series A shares The shares are mandatorily redeemable and carry a dividend rate of 4%. Series B shares The shares are cumulative, non-voting, and carry a dividend rate of $2 per share. They are subordinated to the Series A shares for dividend distribution. Class A shares The shares are subordinated to both Series A and Series B shares for dividend distribution and participate in the earnings and losses of the company above a non-cumulative dividend of $0.50 per share. The shares have a voting right of one vote per share.
How do I get this answer? Bidder Inc. is taking over Target Inc. Bidder's price per share is $59. The number of shares outstanding of Bidder Inc. is 600,000. Bidder Inc. has net income of $1,710,000. Target Inc. has a price per share of $47 and it has 380,000 shares outstanding. Bidder Inc. will do a share exchange with Target Inc. For the share exchange Bidder Inc. will value Target Inc.'s shares at a 36% over Target Inc.'s current stock price. Target Inc. net income is $230,000. The merger generates no synergies. What is the NPV of the acquisition for Bidder Inc.? Your answer should be accurate to two decimal places. If you believe the answer is zero it should be recorded as 0.00. Answer: x (-3,813,190.91)
What is the balance of the ordinary share premium after considering the above transactions? 2. What is the balance of the preference share premium after considering the transactions of Forgiveness Inc.?
Valiant Corp. pays a dividend of $2.5 per share and is expected to pay this amount indefinitely. If the corporation's equity cost of capital is 11%, its stock price should be $_____. (round your answer to two decimal places)
Bermuda Triangle Corporation (BTC) currently has 370,000 shares of stock outstanding that sell for $100 per share. Assume no market Imperfections or tax effects exist. Determine the share price and new number of shares outstanding if: (Do not round intermediate calculatlons. Round your prlce per share answers to 2 decimal places, e.g., 32.16, and shares outstanding answers to the nearest whole number, e.g., 32.) a. BTC has a five-for-three stock split. b. BTC has a 12 percent stock dividend. c. BTC has a 38.0 percent stock dividend. d. BTC has a four-for-seven reverse stock split. a. Price per share Shares outstanding b. Price per share Shares outstanding c. Price per share Shares outstanding d. Price per share Shares outstanding
Stockton Mineral Operations, Incorporated, (SMO), currently has 540,000 shares of stock outstanding that sell for $83 per share. Assuming no market imperfections or tax effects exist, what will the share price be after: (Do not round intermediate calculations. Round your price per share answers to 2 decimal places, e.g., 32.16, and shares outstanding answers to the nearest whole number, e.g., 32.) a. SMO has a 5-for-3 stock split? b. SMO has a 15 percent stock dividend? c. SMO has a 42.5 percent stock dividend? d. SMO has a 4-for-7 reverse stock split? e. Determine the new number of shares outstanding in parts (a) through (d). a. New share price a. New shares outstanding b. New share price b. New shares outstanding c. New share price c. New shares outstanding d. New share price d. New shares outstanding
Echo Company issued a unit for $50. It combines 1 common share with 1 preferred share. At the time of issue the market price of the preferred shares traded at $30 per share and the common shares traded at $15. What is the cost base of the preferred and common shares? What is the cost base of the preferred and common shares from each unit? O a) $30 for the preferred share and $15 for the common. b) $45 for the preferred share and $45 for the common. c) $45 for the preferred share and $13.50 for the common. d) $33.33 for the preferred share and $16.67 for the common.

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