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10. The market value of Firm A and Firm B are $30 million and $10 million respectively. Both firms have 10 million shares outstanding. If

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10. The market value of Firm A and Firm B are $30 million and $10 million respectively. Both firms have 10 million shares outstanding. If Firm A acquired Firm B by exchanging 2 of its shares for 5 shares of Firm B and the merged firm is worth $46.5 million, what is the price per share for the new firm? a. $2.33 b. $3.10 (c.) $3.32 d. $4.65

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