1. (45 points) Calculate the value of Carborundum (on an aggregate and per share basis) using both the Free Cash Flow to Capital (FCFcap) and Free Cash Flow to Equity (FCFeq) methods. Use the following assumptions: Note: Rf=5.6%; MRP=8.8%‚ Carborundum’s levered beta (prior to deal)=1.16 FCFeq=Net Income + Non Cash Deductions-Capital Expenditures-Change in Net Working Capital-Debt Repayment+ Debt Issuances + Miscellaneous Extras Answer: Value of Kennecott using FCFcap is: $53.8 Value of Kennecott
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American track star runner who lived with his parents and was then chosen a pane fighter during WWII. Mine Okubo was an artistic American Japanese who established in the Internment camps during World War II. Louie Zamperini and Mine Okubo both had to face the fact of being made invisible‚ yet they tried resisting the pain. The camps of tremendous torture were both different‚ but yet Louie and Mine were treated with disrespect‚ making them feel invisible in their suffering moments. Life in the camps
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: The copper cycle IN TRODUCTION The purpose of the experiment is to recognize that change of state‚ change in colour‚ formation of a precipitate‚ or the evolution of heat are associated with a chemical change; to study reactions of copper. Copper is an element that can be found in nature in a variety of different compounds. The most common natural ore is the sulphide‚ known as chalcocite‚ Cu2S. This mineral is an important source of copper metal because it is about 80% copper by weight
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When trying to decide between copper and fiber cabling‚ there are several things to think about for which one best will fit your needs. A few things you will need to take into consideration when making your decision are what do you need your cable to be capable of‚ how far do you need your cable to run from point to point‚ what is your budget‚ and always think about the future with room to expand your business. Both copper and fiber cabling have pros and cons. Copper cabling has been around ever
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Statement: I have been given a three month option on a possible gold mine in Alaska and after spending two and a half months I have been able to discover a gold mine. Now‚ my concern is to identify the best possible strategy to reach the claims office in 2 weeks considering the risks of losing the gold mine and life because of the unfavourable weather conditions. Analysis of Issue and Areas of consideration: Claiming the gold mine within two weeks is my priority. However‚ there are some life threatening
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Copper vs Fiber They are two major types of cables used in networking‚ copper and fiber. Each cable are used in different application regarding to its usage. They also have different strengths cause of the material they are made of. Copper is the most common out of the two cables. Not as powerful as Fiber‚ but are ideal for buildings up to 100m. Fiber is mostly used for longer distances that copper can’t reach. For example‚ Fiber is ideal for high-rise buildings. Both cables do have their weakness
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KENNECOTT COPPER CORPORATION CASE REPORT 1. Analyze the economic rationale of the Carborundum acquisition. Under what conditions an acquisition would be expected to add to shareholder value in general? Do any of these reasons apply to Carborundum acquisition? Prior to the consideration of Carborundum as an acquisition target‚ Kennecott‚ a copper company‚ pursued an acquisition of Peabody‚ a coal company‚ for $285 million in cash in 1968. There are two main rationales behind the acquisition of
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LET’S START WITH COPPER CHEMISTRY REPORT 2012 INTRODUCTION: The law of conservation of mass means that the atoms of an object cannot be created or destroyed‚ but can be moved around and be changed into different particles. This law says that when a chemical reaction makes two different atoms into a new product‚ the mass will be the same. Knowing this the mass of the copper should be the same at the beginning and at the end of the experiment. In this investigation we will see
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all‚ getting an invitation was in itself an exclusive and mysterious affair. So when the invitation had suddenly appeared in her mailbox‚ she was ready. What were the chances after all‚ of being the last one‚ the winner? She had heard too much about the parties to pass them up. And she wondered‚ who had invited her? The sound of Damon shuffling the
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In Reaction 1‚ the mass of the pre-cut copper wire was measured with watch glass on the analytical balance‚ the mass was recorded using as many significant figures as possible on Table 2. The copper wire was bended into a circle and laid flat on the bottom of the 250 mL beaker. Inside the fume hood‚ 4mL 16M of HNO3 was added into the 250mL beaker that contained the copper wire. The copper wire was completely dissolved by swirling the beaker. The observation was recorded in Table 3. For Reaction 2
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