Assignment “Best Company” Best Co is planning to raise 15 million € of money for financing the major expansion of existing business and is considering a rights issue, a placing or an issue of bonds
finance
Description
3. Introduction
Assignment “Best Company” Best Co is planning to raise 15 million € of money for financing the major expansion of existing business and is considering a rights issue, a placing or an issue of bonds. The corporate objectives of Best Co, as stated in its Annual Report, are to maximise the wealth of its shareholders and to achieve continues growth in earnings per share The par value of the shares of Best Co is 1,00 € per share. The general level of inflation has averaged 4% per year in the period under consideration. The bonds of Best Co are currently trading at their par value of 100 €. The following values for the business sector of Best Co are available (you need these values in order to compare with Best Co results):
Instruction Files
3Assignment-IntroBestCo1.pdf
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