What role did junk bonds play in the merger wave of the 1980s?
Question:
What role did junk bonds play in the merger wave of the 1980s?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
Junk bonds also known as highyield bonds played a significant role in the merger wave of the 1980s by providing financing for leveraged buyouts LBOs a...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Fundamentals Of Financial Management
ISBN: 9780357517574
16th Edition
Authors: Eugene F. Brigham, Joel F. Houston
Question Posted:
Students also viewed these Business questions
-
What role do investment bankers often play in the merger negotiation process? What is a tender offer? When and how is it used?
-
Who is the largest debtor in the world? The U.S. federal government, of course. As of October 6, 2010, the national debt was more than $13 trillion, more than $1 trillion of which accrued in 2009...
-
In April 1992, EuroDisney SCA opened its doors to European visitors. Located by the river Marne some 20 miles east of Paris, it was designed to be the biggest and most lavish theme park that Walt...
-
=) An alternating emf of peak-to-peak value of 40 V is applied across the series combination of an inductor of inductance 100 mH, capacitor of capacitance 1 F and resistance 10052. Determine maximum...
-
Listed below is information related to three assets reported in the financial statements of Grant Company: Required: For each scenario, indicate whether the asset has been impaired and, if so, the...
-
Write an HDL module for the Gray code counter from Exercise 3.27.? Data from problem 3.27 Gray codes have a useful property in that consecutive numbers differ in only a single bit position. Table...
-
Design a heat exchanger network for MER with at most 18 heat exchangers (including utility heaters) and \(\Delta T_{\text {min }}=10^{\circ} \mathrm{C}\) for the following streams: When MER targets...
-
Victoria Company has the following account balances on December 31, 2016, prior to any adjustments: Additional adjustment information: (a) depreciation on buildings, $1,100; on equipment, $600; (b)...
-
Data for the two departments of Kimble & Pierce Company for June of the current fiscal year are as follows: Work in process, June 1 Completed and transferred to next processing department during June...
-
Explain how researchers can study the effects of mergers on shareholder wealth. Do mergers create value? If so, who profits from this value? Do the research results discussed in this section seem...
-
Assuming the following facts, what is the value of XYZ Corporation to JKL Enterprises? XYZs post-merger cash flows in Years 13 are estimated to be $7 million, $10 million, and $12 million,...
-
Prove that the CMP distribution \(\operatorname{CMP}(\lambda, v)\) converges to (a) a Bernoulli distribution as \(v\) goes to infinite. Find the parameter for the limiting Bernoulli distribution; (b)...
-
Given the circuit below xo 20- OF a) What is the Boolean expression for the circuit? b) What is the truth table for the circuit? c) Prove the minimum boolean expression using a Karnaugh Map.
-
What are the impacts for both employee and employer where the maximum contribution earnings base has not been met? For example, where the maximum contribution earnings base threshold is raised,...
-
How does retargeting work both from the perspective of the customer as well as the marketing professional.
-
A spaceship is moving from the ground to the moon along the line between the centers of the earth and the moon. At what distance from the earth does the gravitational force become zero? Ma = 7 . 3 6...
-
Solve the formula 8 x 3 y = - 1 9 for y .
-
Kent Beech is reviewing his company's investment in a cement plant. The company paid $15,000,000 five years ago to acquire the plant. Now top management is considering an opportunity to sell it. The...
-
According to a New York Times columnist, The estate tax affects a surprisingly small number of people. In 2003, . . . just 1.25 percent of all deaths resulted in taxable estates, with most of them...
-
Why is some trade credit called free while other credit is called costly? If a firm buys on terms of 2/10, net 30, pays at the end of the 30th day, and typically shows $300,000 of accounts payable on...
-
Define each of the following loan terms, and explain how they are related to one another: the prime rate, the rate on commercial paper, the simple interest rate on a bank loan calling for interest to...
-
Define each of the following loan terms, and explain how they are related to one another: the prime rate, the rate on commercial paper, the simple interest rate on a bank loan calling for interest to...
-
On a typical Monday, the AT&T call center receives 4 8 0 phone calls from customers inquiring about phones and data plans during the 2 4 hours it is open. Each caller spends, on average, 1 2 minutes...
-
There are different ways to design appraisal systems ( format and measurement ) . There are category rating methods ( eg . Graphic scale, checklist and force choice ) , comparative methods ( eg ....
-
What are currency swaps used for? What is the interest rate swap? Explain
Study smarter with the SolutionInn App