(b) Discuss the limitations of the above estimates. (6 marks)

(b) Discuss the limitations of the above estimates. (6 marks)

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(c) Discuss the factors that might influence whether the initial bid is likely to be accep

(c) Discuss the factors that might influence whether the initial bid is likely to be accep

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(d) Estimate by how much the bid might be increased without the shareholders of Paxis suff

(d) Estimate by how much the bid might be increased without the shareholders of Paxis suff

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(b) Assuming that the cost of equity and cost of debt do not alter, estimate the effect of

(b) Assuming that the cost of equity and cost of debt do not alter, estimate the effect of

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(c) Acting as an external consultant to Semer, discuss the validity of the proposed strate

(c) Acting as an external consultant to Semer, discuss the validity of the proposed strate

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