Radio One Hcs

Total value, in today’s dollars, of the existing customer database will be $9,415,807. ( Shown in the Exhibit 4)

In this Period our stock price drastically went down from $35.14 to$ 25.61The BCG Matrix which is an analytical

Estimates of fixed costs are reasonably straightforward and are given in the case (p.280), a total of $250,000 ($160,000+$90,000).

1. Reviewing GM’s financial information in GM Exhibit 1 and its stock price in GM Exhibit

While performing a DCF analysis, a thorough understanding of the business being analyzed is needed to determine the correct assumptions and items used for the analysis. For this reason, Laura believed this was still a good method to value stocks in this industry. This analysis yields a higher company value than current price.

A3: Market makers, including the companies here and others, frequently have used and continue to use an electronic trade system on which to buy and sell, at odd-eighth prices, the same stock that they have quoted and continue to quote only in even-eighth prices The fact that these companies have used and continue to enter orders to buy and sell stocks at prices quoted in odd-eighths on a proprietary trading system that shows that the absence of odd-eighth quotes is not the result of any fundamental attributes of those stocks and is evidence that the quoting convention has operated and continues to operate to keep the inside spread in numerous stocks at 1/4 point or greater.

Used Lower side of EBITDA Multiples: Dillon report does not justify that why they should take lower side of multiples. Even though JP Morgan valuation proposed such low multiples, but failed to indicate how it arrived at this multiple value.

Over the past decade, significant changes in regulations, advances in technology, and shifts in competitive dynamics began transforming the cable industry. Companies within the industry were forced to adapt by acquiring economies of scale and scope. American Cable Communication was seeking to acquire AirThread Connections for three reasons. The two companies could help each other become more competitive in an industry that is moving toward bundled package service offerings. The acquisition would help both companies expand into the business market, and lastly American Cable was in a unique position to add value to AirThread’s operations. They could obtain a significant amount of

Then we noticed that in exhibit 4, the period of historical data is from 1992-1996. However , the stock of Waterhouse Investor Srvcs only last to Sep 1996, in order to compare the data in the same time horizon, we select the period of 5 years, started from Sep 1991 to Sep 1996.

If the market value of a stock is lower than its intrinsic value, this stock is defined as “trades at a discount”. To figure out whether AGI stock is traded at a discount to comparable companies, as its management believed, we can simply apply multiple which comes from the average multiple of its comparable companies. Considering fluctuation of future after-tax earnings caused by the change in capital structure, we prefer to use TEV/EBITDA multiple in this case. Amtelecom Group consists of two lines of business which has to been taken into consideration. We separately calculate the value of both companies and their

The author has experience in dealing with financial data during his day to day job. Therefore he is comfortable with extracting relevant figures and come to a conclusion on his

Due to their international business exposure and experience in brokering between Japanese and overseas clients, IBJ proposed an alternative method in which compromises between AAR and NPV/IRR in calculating the financial projections. As shown on Appendix A, the ACFR is positive at +79.1%, considerably much better than the original AAR of -1%.

International Financial Management Trial Exam Closed Book Examination INCLUDEPICTURE uvafileserverjligter1DataOnderwijsInternational Financeif2008sbriederLocal SettingsTempRarDI04.890ABS-logo.gif MERGEFORMAT Closed Book Examination Answer as brief and concise as possible redundant or superfluous remarks may lead to a lower score. The maximum score per problem is given between parentheses. The maximum score of the whole exam is 100 points. QUESTION 1 - 20 points SHAPE MERGEFORMAT This graph depicts the REAL value of the broad index which is a weighted average of the foreign exchange values of the U.S. dollar against the currencies of a large group of major U.S. trading partners. a) Consider the following table of price levels,

We performed a DCF Analysis for two scenarios: 1) assuming the purchase of the residual equity of LIN Broadcasting; and 2) assuming the sale of the residual equity of LIN Broadcasting (See Exhibits 1 & 2). The most critical assumptions impacting value were: 1) discount rate and 2) terminal growth rate. We relied on discount rates between

2. Since CapExpt is denominated in HKD while the rests of the selected data are denominated in RMB, we can apply the given exchange rate of HKD 1 = RMB 1.1037 to convert the CapExpt into RMB for comparable calculations. We will eventually convert our estimation about SHXS’s equity value back to HKD again by using the same exchange rate.