Input | Output |
|---|---|
 As financial manager of Corton Inc., you are investigating a possible acquisition of Denham. You have the basic data given in the following table. You estimate that investors expect a steady growth of about 6% in Denham's earnings and dividends. Under new management, this growth rate would be increased to 8% per year without the need for additional capital. <image 1> How would the cost of the share offer change if the expected growth rate was not changed by the merger? (A) the cost of merger through stocks offer is $3,000,000 (B) the cost of merger through stocks offer is $4,000,000 (C) the cost of merger through stocks offer is $4,500,000 (D) the cost of merger through stocks offer is $5,000,000 Answer with the option's letter from the given choices directly. No punctuation. | A Expected Answer: D Difficulty: Easy Subfield: Corporate Finance |
Evaluation
- Evaluation ID
- d1b1028e-be8e-4076-bc8a-69ca47e8f1b0
- Created
- February 21, 2024
{
"id": "gen-z8gsyzo3Ms7mVg5xy1WyuRmYsQjs",
"model": "google/gemini-pro-vision",
"choices": [
{
"message": {
"role": "assistant",
"content": " A"
},
"finish_reason": "STOP"
}
],
"object": "chat.completion",
"created": 1708561893,
"usage": {
"prompt_tokens": 1856,
"completion_tokens": 4,
"total_tokens": 1860
}
}