Financing Proposals
Assumptions/Steps (Note–work file RONDO FINANCING ALTERNATIVES excel attached): 1. Perform the analysis as of 12/31/2019. 2. Ignore the Poly Pipe purchase (use the amount offered without the Poly Pipe purchase for the Mortgage Bond and Preferred Stock alternatives). 3. For the Common Stock alternative, assume that Rondo needs to raise $8 million net proceeds … Read more