Due to MCI’s opportunity for growth, what are MCI’s needs for future external funds likely to be between 1984 and 1988? You may need to use the baseline forecast in Exhibit 9 A to pro forma income statement, balance sheet, and sources and uses of funds.
How has MCI raised external funds in the past? How sensible have these decisions been? Why has MCI only had one straight equity issue since the company’s initial public offering, and why has MCI kept its debt level low?