PT. TPI akan melakukan rights issue dengan ketentuan sebagai berikut. Setiap pemilik 2 lembar saham lama berhak membeli 1 lembar saham baru dengan harga Rp3000,- per lembar.

Jumlah lembar saham lama yang beredar sebanyak 100 juta lembar dengan harga di bursa

sebesar Rp3500,- per lembar.

a. Berapa dana yang akan dihimpun dari rights issue tersebut?

b. Diharapkan dana dari rights issue tersebut bisa diinvestasikan dengan menghasilkan NPV

+Rp100 miliar. Berapa harga saham setelah rights issue?

You are chairman of the board of a successful technology firm. there is a nominal federal corporate tax rate of 35 percent, yet the effective tax rate of the typical corporation is about 12.6%. your firm has been clever with use of transfer pricing and keeping money abroad and has barely paid any taxes over the last 5 years; during this same time period, profits were $28 billion. one member of the board feels that it is un-american to use various accounting strategies in order to avoid paying taxes. others feel that these are legal loopholes and corporations have a fiduciary responsibility to minimize taxes. one board member quoted what the ceo of exxon once said: “i’m not a u.s. company and i don’t make decisions based on what’s good for the u.s.” what are the alternatives? what are your recommendations? why do you recommend this course of action?