The Portable MBA in Finance and Accounting, 3rd Edition

448 Planning and Forecasting size and direction of the cash f lows are determined by an agreed upon formula spelled out in the s ...

Financial Management of Risks 449 grown to be worth $115 million. But Back Bay owns $100 million of S&P stocks, and has a po ...

450 Planning and Forecasting growing computer hardware companies. They borrowed extensively to finance this growth. Currently on ...

Financial Management of Risks 451 duration gap. The swap will grow in value as rates rise, offsetting the equity losses. Again, ...

452 Planning and Forecasting is one in which the firm is hurt if prices move in one direction, but the firm does not benefit app ...

Financial Management of Risks 453 into U.S. dollars would become more expensive. If the Canadian dollar falls, the expenses in t ...

454 Planning and Forecasting A cellular communications firm has sold a six-year variable rate bond, where the interest payments ...

Financial Management of Risks 455 Bodie, Zvi, and Robert C. Merton, Finance(Upper Saddle River, NJ: Prentice-Hall, 2000). Chance ...

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PART THREE MAKING KEY STR ATEGIC DECISIONS ...

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459 14 GOING PUBLIC Stephen M. Honig SETTING THE STAGE It is June 2000, and recent MIT graduate John Dough and his friend, busin ...

460 Making Key Strategic Decisions By June 2002 the company has refined its software into a salable product for which Dough beli ...

Going Public 461 offering (IPO); or merging with a strategic partner (such as Big Deal Corpora- tion), which might pay a high pr ...

462 Making Key Strategic Decisions THE BOARD OF DIRECTORS MEETING The board of directors of Dough.com Inc. meets with its variou ...

Going Public 463 multibillion dollar entity like Big Deal Corporation. Besides, if the key to suc- cess is to hit the market fas ...

464 Making Key Strategic Decisions right off the top, although this is an expense that will not be incurred un- less the offerin ...

Going Public 465 The other kind of under writing is a “best efforts” under writing. This is, literally speaking, not an underwri ...

466 Making Key Strategic Decisions The ability of the under writer to distribute the stock on a broad enough geographical basis ...

Going Public 467 the rights of stockholders to call special stockholder meetings; limit- ing the rights of stockholders to amend ...