The initial offer price for the target firm is defined as
A: The minimum price
B: The present value of the minimum price plus some fraction of the present value of net synergy
C: The present value of net synergy plus the current market value of the target firm
D: The maximum price less the minimum price
E: The maximum price less the present value of net synergy
A: The minimum price
B: The present value of the minimum price plus some fraction of the present value of net synergy
C: The present value of net synergy plus the current market value of the target firm
D: The maximum price less the minimum price
E: The maximum price less the present value of net synergy
举一反三
- A bond's current market value is equal to the present value of the coupon payments plus the present value of the face amount.
- The interest rate that equates the present value of the cash flow received from a debt instrument with its market price today is the _________
- A—cost price B—factory priceC—net price D—price free on boardE—purchase price F—sale priceG—wholesale price H—purchase priceI—fixed price J—guaranteed priceK—cash price L—market priceM—preferential price N—piece priceO—price control P—maximum priceQ—minimum price （）批发价（）单位价格
- The profitability index is the ratio of the A: future value of cash flows to investment. B: net present value of cash flows to investment. C: net present value of cash flows to IRR. D: present value of cash flows to IRR.
- The market-to-book ratio is measured as: A: total equity divided by total assets. B: net income times market price per share of stock. C: net income divided by market price per share of stock. D: market price per share of stock divided by earnings per share. E: market value of equity per share divided by book value of equity per share.