entley Corporation and Rolls Manufacturing are considering a merger. The possible ates of the economy and each company's value in that state are shown here: State Boom Probability Bentley $ 330,000 130,000 .70 Recession .30 Rolls $300,000 100.000 entley currently has a bond issue outstanding with a face value of $145,000. Rolls is an l-equity company. What is the value of each company before the merger? (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Value of Bentley Value of Rolls
entley Corporation and Rolls Manufacturing are considering a merger. The possible ates of the economy and each company's value in that state are shown here: State Boom Probability Bentley $ 330,000 130,000 .70 Recession .30 Rolls $300,000 100.000 entley currently has a bond issue outstanding with a face value of $145,000. Rolls is an l-equity company. What is the value of each company before the merger? (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Value of Bentley Value of Rolls
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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