问题如下:
5. Using comparable transaction analysis, Logan’s estimate of the fair acquisition value per share for Durtech is closest to:
选项:
A.$35.52.
B.$42.59.
C.$44.00.
解释:
C is correct.
Omegatech’s transaction P/E ratio: 55/1.25 = 44. So estimated fair acquisition value per share is 44 × 1 = $44.00.
Omegatech的被收购溢价是(55-44.4)/44.4=23.87% Durtech如果也是相同的溢价,被收购价就是当前股价24乘以(1+23.87%) =29.73.这个过程的错误思维的点在哪里?谢谢解答