Young Corporation stock currently sells for $20 per share. There are 1 million shares currently outstanding – SeeTutorials.com


Young Corporation stock currently sells for $20 per share. There are 1 million shares currently outstanding. The company announces plans to raise $4 million by offering shares to the public at a price of $20 per share.

a.If the underwriting spread is 8%, how many shares will the company need to issue in order to be left with net proceeds of $4 million? (Do not round intermediate calculations. Round your answer to the nearest whole number.)

  Number of shares  _____________
b.If other administrative costs are $45,000, what is the dollar value of the total direct costs of the issue? (Enter your answer in dollars not in millions. Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.)

  Total direct costs $  ________________ 
c.If the share price falls by 4% at the announcement of the plans to proceed with a seasoned offering, what is the dollar cost of the announcement effect? (Enter your answer in dollars not in millions.)

  Cost of the announcement effect $______________________

Comments

Post a Comment

Popular posts from this blog

EDU 652 EDU652 Week 2 Discussion 2 Hands-On E-Learning Tool – SeeTutorials.com

Get Answers:  EDU 652 EDU652 Week 2 Discussion 2 Hands-On E-Learning Tool – SeeTutorials.com Ashford EDU 652 Week 2 Discussion 2 Hands-On E-Learning Tool Hands-On E-Learning Tool. Instructional designers often create very large documents which contain images, audio, or other multimedia content. To exchange such documents, the designers often compress or “zip” the documents using the Winzip program. After one developer “zips” a document and sends it to another, the recipient can use Winzip to “unzip” or decompress the document. If you are not already using Winzip (www.winzip.com), visit the site and download and install the trial version of the software. Using the software, create .zip file that contains one or more documents. Then, unzip the file and save the documents to a new location. Discuss your experiences with the download and installation process. Then, describe possible uses for Winzip as an instructional designer and as a student. Respond to at least two of you...
Read more

BUS 622 BUS/622 BUS622 WEEK 5 DISCUSSION 1 (ASHFORD)

BUS 622 BUS/622 BUS622 WEEK 5 DISCUSSION 1 (ASHFORD)   BUY HERE ⬊ https://www.seetutorials.com/bus-622-bus-622-bus622-week-5-discussion-1-ashford/ Ashford BUS 622 Week 5 Discussion 1 Promotion [WLO: 1] [CLOs: 2, 5] Promotion [WLO: 1] [CLOs: 2, 5]. 1st Post Due by Day 3. Prior to beginning work on this discussion, review Chapter 13: Global Marketing Communications Decision I, and The Toyota Recall Crisis: Media Impact on Toyota’s Corporate Brand Reputation article. The promotion (P) of the marketing mix includes advertising, public relations, sales promotion, personal selling, and direct marketing. When a company embraces integrated marketing communications, it recognizes that the various elements of a company’s communication strategy must be carefully coordinated. Advertising: • Determine four major difficulties that can compromise an organization’s attempt to communicate with customers in any location. Provide examples. Some global marketers beli...
Read more

CRJ 520 CRJ/520 CRJ520 WEEK 2 DISCUSSION 1 (ASHFORD)

CRJ 520 CRJ/520 CRJ520 WEEK 2 DISCUSSION 1 (ASHFORD)   BUY HERE ⬊ https://www.seetutorials.com/crj-520-crj-520-crj520-week-2-discussion-1-ashford/ Ashford CRJ 520 Week 2 Discussion 1 What Is Ethical Research? What Is Ethical Research? 1st Post Due by Day 3. Throughout the years, scientists have engaged in an array of ethically questionable research endeavors possessing dubious scientific value or validity. From the Nazi experimental trials to Stanley Milgram to the Tuskegee experiments, scientists have engaged in ethically unsound research in the name of progress or curiosity. The intelligentsia knew they could but failed to ask whether they should. Identify the key tenets of ethical research used when evaluating criminal justice data and interpreting published research findings. Examine the principles that define ethical research in the field of criminal justice.
Read more