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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chemical element copper‚ with Atomic Number 29‚ has been extensively used for thousands of years because of several primary properties that have dictated its use throughout history. Among them we can count durability‚ strength and‚ as a semi-noble metal‚ good resistance to corrosion. With a hardness of 3 on the Mohs scale‚ pure copper is relatively soft and malleable‚ which makes it an easy metal to work with. Analyses of artefacts from lithic civilizations have shown that native copper had not only
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Copper vs Fiber Some advantages of Copper Cabling are Power over Ethernet this gives you the ability to power phones‚ surveillance cameras‚ Wireless Access Points‚ and many other devices right through the networking cable itself. That means that you don’t have to schedule an electrician in to run power to your surveillance cameras to power them. Another advantage is the ability to have an emergency power supply that will continue powering mission critical devices even if your electricity goes
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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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Copper was the first metal that is used by humans as weapons and tools. It is shinny and has a reddish brown color. It’s application toward humans has really changed the way we live. Copper is an excellent conductor of electricity‚ which is often used as electrical wires or cables in generators‚ motors and electric products. In addition‚ it is also an outstanding conductor of heat‚ which is used in radiators and heating systems. Since it does not react with water and corrode easily‚ it is widely
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The Ok Tedi Copper Mine Ethical Issue * Opening the mine without a waste storage. If they would have waited to open the mine for the waste storage to be completely finished they never would have started disposing trailing in the river. * Environmental damage along the Ok Tedi. The environment that is affected is the river‚ the fish‚ the forest area along the river‚ the gardens‚ and hunting resources. The damage is already done to the environment. How long will it take to get
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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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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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Hydrometallurgy 105 (2010) 148–154 Contents lists available at ScienceDirect Hydrometallurgy j o u r n a l h o m e p a g e : w w w. e l s ev i e r. c o m / l o c a t e / h yd r o m e t Treatment of copper flash smelter flue dusts for copper and zinc extraction and arsenic stabilization A. Morales a‚ M. Cruells b‚ A. Roca b‚⁎‚ R. Bergó b a b Universidad Católica del Norte‚ Department of Metallurgical Engineering‚ Antofagasta‚ Chile Universitat de Barcelona‚ Department of Materials Science and Metallurgical
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Problem Does temperature affect the resistivity of different sized copper wires? Hypothesis I think that the resistivity will increase with higher temperatures because with higher temperature‚ resistivity is higher due to the fact the atomic lattice structure increases. Background Electrical resistivity is the measurement of how a material opposes the flow of an electrical current. On the other hand‚ electrical conductivity () is the inverse of resistivity. It is the measurement
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