Q1 (3 points): Explain how a corporation decided to accept or reject a project? Your explanation should be related to WACC and NPV of the project.
Q2:(7 points): NCB and SAMBA have been recently merged and named SNB,
a- explain what kind of merger is this?
b- How would this merger affect the banking industry in Saudi Arabia and the middle East?
c- How did this merger occur? Did one of the corporations paid to the shareholders of the other? Who is the major shareholder on both?
d- Would you think this merger will affect the shareholders on each bank? How?