How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask Linda_us Your Own Question

Linda_us
Linda_us, Finance, Accounts & Homework Tutor
Category: Homework
Satisfied Customers: 7291
Experience:  Post Graduate Diploma in Management (MBA)
19873544
Type Your Homework Question Here...
Linda_us is online now
A new question is answered every 9 seconds

You are the head of Investment Banking for Goldman Sachs.

Resolved Question:

You are the head of Investment Banking for Goldman Sachs. Comcast comes to you because they want to buy the Disney Corporation today, feeling the stock is undervalued, and want to buy it today, and sell it in 5 years.

a. You need to buy 10 million shares to be majority share holder

b. The stock is currently selling for $38 per share

c. The discount rate is 5%

d. The cash flows for the next 5 years are stated below.



2008 2009 2010 2011 2012
Net Profit 74,000,000 84,000,000 80,000,000 90,000,000 98,000,000
Resale value 170,000,000

What should your maximum offering price be?
Submitted: 7 years ago.
Category: Homework
Expert:  Linda_us replied 7 years ago.
THIS ANSWER IS LOCKED!

You need to spend $3 to view this post. Add Funds to your account and buy credits.
Linda_us and other Homework Specialists are ready to help you