Question: please help immediately! The King Solomon Mining Company is contemplating a cash tender offer of $1,200,000 for the outstanding shares of Roanoke Coal Corporation Roanoke
please help immediately!
The King Solomon Mining Company is contemplating a cash tender offer of $1,200,000 for the outstanding shares of Roanoke Coal Corporation Roanoke Coalls expected to provide $250,000 in before tax operating cash flow each year for the next 20 years. In addition, Roanoke has a $630,000 tax loss carry forward that King Solomon Mining can use over the next two years ($315,000 per year) If King Solomon Mining's corporate tax rate is 34% and its cost of capital is 12% What is the NPV of this acquisition Shot Answer Toolba bavigation BIS E33 A2
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