decisions are taken as given” Then why do corporations: Set up independent companies to undertake mega projects and incur substantial transaction costs‚ e.g. Motorola-Iridium. Finance these companies with over 70% debt inspite of the projects typically having substantial risks and minimal tax shields‚ e.g. Iridium: very high technology risk and 15% marginal tax rate. Contents The MM Proposition What is a Project? What is Project Finance? Project Structure Financing choices
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TABLE OF CONTENT Abstract............................................................................................................................2 Introduction......................................................................................................................3 Background......................................................................................................................3 Problem Formulation..............................................................
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University of Bristol’s Department of Earth Sciences‚ UK. Available from: http://palaeo.gly.bris.ac.uk/Palaeofiles/Permian/SiberianTraps.html (Accessed 29th of April). 6. (2011). Discovery earth: Mass Extinctions. [Internet]. Discovery Communications‚ LLC. Available from: http://dsc.discovery.com/earth/wide-angle/mass-extinctions-timeline.html (Accessed 15th of April).
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CASE QUESTIONS Cash Flows and Value. Cost of Capital Case 1: Hop-In Food Stores‚ Inc. 1. Determine the correct price for this particular IPO. Use several methods to do this and compare them. 2. What extra information would you try to acquire in a real life situation? Case 2: Chem-Cal Corporation 1. How do you calculate the WACC for this firm? 2. What is the cost of capital of the debt‚ preferred stock‚ and common stock (assume the equity beta is 1.22)? 3. Calculate the WACC. How can a WACC be used
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Case Analysis Iridium By James Mitchiner Brandman Univeristy BUS 620 I Introduction The purpose of this work is to determine the objective and analyze the business relationship between Motorola and Iridium. Iridium in 1990 partnered with Motorola to build satellite communication. The intent was to provide communication for anyone and anywhere in the world. The lack of attention and financial commitments allowed for Iridium and Motorola to ignore the trends in the industry and continually
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Oil pipelines‚ Weather data‚ Location tracking and Emergency communication etc. What is RockBlock Mk2: RockBlock Mk2 is a satcom (satellite communication) device to communicate over Iridium global satellite network. Rock block manufacturer by UK based rock seven company. Rock seven are manufacturer of Iridium based satellite tracking and communication system. RockBlock Mk2 is a very good module for SATCOM project that’s required SBD (Short Burst Data) like Location tracking‚ Weather balloons
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SATELLITE COMMUNICATIONS SATELLITE COMMUNICATIONS - AN OVERVIEW INTRODUCTION The outer space has always fascinated people on the earth and communication through space evolved as an offshoot of ideas for space travel. The earliest idea of using artificial satellites for communications is found in a science fiction Brick Moon by Edward Evert Hale‚ published in 1869-70. While the early fictional accounts of satellite and space communications bear little resemblance to the technology as it exists
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Eight case-lets on Strategic Alliances Case 1: Telefónica and China Unicom In September 2009‚ Telefónica and China Unicom announced a partnership including cooperation in R&D‚ roaming‚ joint procurement of equipment‚ infrastructural development‚ joint development of mobile services and the provision of services to multinational clients. They also announced the purchase of US$1 billion worth of stock in each other making the Spanish operator the largest single investor in the company with 8% of
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ABSTRACT Several mass extinctions have occurred during the Earth ’s history. The Cretaceous Tertiary Boundary (K-T) Extinction caused the loss of at least three-quarters of all species known at that time including the dinosaurs. The cause of this mass extinction is a controversial subject among scientists but the fossil evidence of it ’s occurrence is abundant. INTRODUCTION The K-T Extinction occurred 65 million years ago. Many species perished in that extinction. Today evidence for this extinction
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Extinction of Dinosaurs Ryan Humphries Biology 6th Period Two-hundred and thirty million years ago the first dinosaur-like creature roamed the earth. Within five million years it could be considered a dinosaur. They were soon at the top of the food chain. They populated every continent. Then 65 million years ago they vanished. The most powerful creatures ever to live on earth had become extinct. Dinosaurs were not the only victims of this "mass extinction." There were many other species
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