NO.PZ2023032701000109
问题如下:
Olsen is using the guideline transactions method (GTM) using next year's expected earnings before interest, taxes, depreciation, and amortization (EBITDA) to value FDF and she estimates the following from the company data, market information, and her own assessments.
• FDF's expected EBITDA for 2013 equals $924,000.
• Three recent purchase transactions of similar farms in North Dakota indicate an average MVIC (market value of invested capital) to EBITDA multiple of 9.0.
• FDF commands a 30% control premium.
• FDF does not need to incur any additional capital expenditures or borrowing. (Currently, FDF carries debt in the amount of $750,000 at an interest rate of 8%.).
The value of FDF’s equity as at the end of 2012, according to the approach and estimates by Olsen, is closest to:
选项:
A.
$10,810,800
B.
$7,566,000
C.
$10,060,800
解释:
1GTM不需要调整premium 吗
2请补充一下mvic知识点。谢谢