This paper investigates the connection between market valuation anda type of the merger (stock, cash) using real options setup. I solveexplicitly for the timing and terms of cash mergers in two deferent settingsto demonstrate that cash mergers generally occur at low marketvaluations, whereas stock mergers that may be observed at both low andhigh valuations; the result holds with some dierences ...

Abstract: The Coronavirus pandemic has had an extraordinary impact on the economies of countries in world, including Indonesia. This economic condition was reflected collapse stock market index Mutual funds are investment alternative that convenience for investors who want to invest but need more skills and time. Islamic mutual one choices investing because Sharia values guide their management....

In this paper, we study the occurrence of local indeterminacy in two-sector monetary economies. In order to capture the credit market imperfections and the liquidity services of money, we consider a general MIUF model with two alternative timings in monetary payments: the Cash-In-Advance timing, in which the cash available to buy goods is money in the consumers’ hands after they leave the bond ...

Mutual fund is one of the investment instruments widely used as an option. There are two essential things to be considered by Investment Manager a mutual manager: stock selection and market timing ability. The Covid-19 pandemic has caused many investors experience potential losses. Understanding will needed for determining which Managers perform well in managing equity fund, especially while de...

For high-density, high-performance FPGA designs, the ability to iterate rapidly during design and debugging stages is critical to meet time-to-market demands. Today’s FPGA designers are encountering problems traditionally associated with ASIC designs, especially long place-and-route compilation times and difficulties achieving timing closure. To address these issues, FPGA and EDA vendors are be...