what hurdle rate issue arises when evaluating leveraged buyouts? What is the appropriate hurdle rate that the analyst should use? When the acquirer and the target company operate in different industries, what hurdle rate issue arises?
Earnings multiples analysis is based on permanent earnings. Define permanent earnings. Earnings multiples analysis can use trailing multiples or forward multiples. Describe trailing multiples and forward multiples. Describe at least two of the four limitations of earnings multiples analysis.
To what degree would you agree that the Soviet invasion of Czechoslovakia in 1968 ended the possibility of ‘reform communism’ in Central and Eastern Europe?