Format | Price | Quantity | Select |
---|---|---|---|
PDF Download |
$6.95
|
||
Printed Black & White Copy |
$7.25
|
In March 1997, the board chair of this small steel mill is pondering how to finance the growth of his firm: either with an initial public offering of equity or a private placement of 8-year senior notes with warrants. The task for the student is to sort out the comparative advantages and disadvantages of each alternative, including valuing the possible securities, and to recommend a course of action.