Abstract
Several topics are of primary importance to the firm. Growth management for example is crucial for new businesses, starting in the form of start-ups, with the aim of growing in a relatively short time.
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Problems
Problems
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1.
What are the facts that affect the valuation of a young firm?
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2.
What type of assets are the most valuable ones for a start-ups?
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3.
What is the role of stakeholders in the value of a start-up?
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4.
Describe the typical preemptive provisions contained in an IPO.
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5.
Describe the process for rights offering.
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6.
Consider an investor with 10,000 shares of some company for a total investment of 750,000 €. Stock price is therefore 75 € and assume it did not change between date of purchase and date of rights issuance. If rights give a 1 to 1 subscription right, at an offer price of 37.5 €, the investor can buy additional 1000 shares of common stock at that price. What will the average cost of the total portfolio per share will be after exercising the rights?
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7.
Consider the point of view of the company in exercise 1, which has 25,000,000 shares outstanding. Given the current price of 75 €, what is the new capitalization of the firm?
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8.
Describe the stages in the life of the firm.
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9.
Explain how short-term financial planning differs from long-term planning.
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10.
Describe the factors that affect the short-term cash of a firm.
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11.
What are the various types of loan available to finance short-term corporate cash needs?
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12.
Explain the features that good planning and forecasting should have.
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13.
What are the typical factors that affect financial planning?
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Corelli, A. (2016). Financial Planning. In: Analytical Corporate Finance. Springer Texts in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-319-39549-4_12
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DOI: https://doi.org/10.1007/978-3-319-39549-4_12
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