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Continental Carriers
Essay specific features
Written by:
Elizabeth L
Date added:
October 18, 2013
Level:
University
Grade:
B
No of pages / words:
4 / 902
Was viewed:
6422 times
Rating of current essay:
Essay content:
Lastly, the stock price and earnings per
share will increase to $3.87 in comparison to an equity-financed
acquisition of $2.72 per share. CCI would be taking a somewhat high
risk by issuing additional stock due to the uncertainty about the
offering price. Having a low P/E ratio with respect to the rest of
the market, and the replacement cost of the firm being greater than
its book value (argument 3), there is a good chance that the current
stock price and the proposed offering prices are too low...
displayed 300 characters
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CCI would be taking a somewhat high
risk by issuing additional stock due to the uncertainty about the
offering price. Having a low P/E ratio with respect to the rest of
the market, and the replacement cost of the firm being greater than
its book value (argument 3), there is a good chance that the current
stock price and the proposed offering prices are too low...
displayed 300 characters
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