Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. due to a sudden downturn in the california economy

Due to a sudden downturn in the California economy, the State of California decides it...

70.2K

Verified Solution

Question

Finance

Due to a sudden downturn in the California economy, the State of California decides it needs to lighten its load and also raise some cash by selling off some of its assets. It has decided that people just learn through youtube anyway and is considering a secret plan to sell CSUSM. Yep, the whole shebang on sale as a package the school, name & brand, students, buildings, land, team sports, even that cougar mascot (whatever its name is) --- everything.

As a hotshot FIN 302 student, the Governor has hired you to report back on how much is a reasonable price to ask for the sale in terms of financial value, the pros and cons of the financial factors affecting the possible price.

Also, suddenly, Pepperdine Univ has come with a take it or leave it offer to buy CSUSM for $100 million but they want to stretch the payment into equal installment amounts over 7 years (about $14 million per year). The Governor wants to know is that offer worth it? What factors would affect it? If you dont like their offer, Guv want to know what kind of counteroffier price should be propose?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students