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Finance (1)
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Lecture

1133 - Finance251 A2 solutions.xlsx

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Department
Finance
Course
FINANCE 251
Professor
Nick
Semester
Spring

Description
Question 1 Tower Rights Offer 2009AnswersKey dates for NZXa No it would not drop because of the announcement Share ownership before the exrights date includes the rights entitlement Price will drop on the exrights dateAnnouncement24Aug09bcExrights3Sep09Endrights21Sep09R 0267Allotment28Sep09V 0083X161Check Towers share price on the 3rd of September 2009 dropped down to 161 during the opening trading session The reduction in share price is consistent with the value of the rightKey variablesC 02Sep09169N 516320S134Question 2 The Warehouses degree of leverageThe WAREHOUSEEBIT Sales 000s000sDSalesDEBITYearEPS20011664749111230020200218620311403870271192622003203491713035502693712004224445411407402010312520052202557967340231915220061882902644060391453342007176167717638503664173920081735030136346029152272009172075511381702508165201016726951223300192875201116677771158150250353201217321681224520293957Ave D0691DOLDFLa14250752012 interest expense WC0125110713DFL2012 EBIT110bDEBIT is0152013 EPS is 03230338c Question 3 Project evaluation
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