Ask Question
BusinessBusiness
6 December, 17:01

Vision Tech's stock price is currently trading at $17 per share. The consensus among analysts is that the intrinsic value of Vision Tech's stock is $27 per share. Is Vision Tech more or less likely to receive a hostile takeover bid? a. Less likely b. More likely

+3
Answers (1)
  1. 6 December, 20:35
    0
    b. More likely

    Explanation:

    Vision Tech's stock is currently being undertraded and investors will see this as an opportunity to take over the company at a cheaper cost ($17 per share) and make a profit at the higher intrinsic value ($27 per share).

    Gaining $10 per share on Vision Tech is a very high return on prospective investor's funds. So it is more likely that a hostile takeover bid will be received by Vision Tech.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Vision Tech's stock price is currently trading at $17 per share. The consensus among analysts is that the intrinsic value of Vision Tech's ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Define price discrimination
Answers (1)
Amy Lou Young purchased a health insurance policy with a $500 deductible and 40% coinsurance. If Amy Lou incurs $6,500 in covered medical expenses, her policy will pay $3,600$4,600$6,600
Answers (1)
Discount-Mart issued ten thousand $1,000 bonds on January 1, 2018. The bonds have a 10-year term and pay interest semiannually. This is the partial bond amortization schedule for the bonds.
Answers (1)
A firm has annual sales of $10 Million, direct material costs are $3.5 Million, direct labor is $2.5 Million and overhead is $3.5 Million. What is the company's profit?
Answers (1)
Russell Company assembled the following information in completing its March bank reconciliation: Balance per bank, $11,460 Outstanding checks, $2,325 Deposits in transit, $3,750 NSF check, $240 Bank service charge, $75 Cash balance per books,
Answers (1)
New Questions in Business
On July 1, 2021, an interest payment date, $148000 of Coronado Industries bonds were converted into 2980 shares of Coronado Industries common stock each having a par value of $45 and a market value of $56.
Answers (2)
Paul's Landscaping purchased $500 of office supplies on credit. The company's policy is to initially record prepaid and unearned items in balance sheet accounts.
Answers (1)
A product will probably have a relatively high price if
No Answers
Oliver, a widower who does not live in a community property state, sold 50 acres of land he and his wife had paid $10,000 for in 1999. She died in 2009. As of the date of her death, the land was valued at $50,000 for estate tax purposes.
Answers (1)
What groups are especially hard hit by poverty?
Answers (1)
Home » Business » Vision Tech's stock price is currently trading at $17 per share. The consensus among analysts is that the intrinsic value of Vision Tech's stock is $27 per share. Is Vision Tech more or less likely to receive a hostile takeover bid? a. Less likely b.
Sign Up Forgot Password?