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2) (20 pts) Two ice cream companies A and B have agreed to merge and form a new company C. Both companies are exactly alike

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2) (20 pts) Two ice cream companies A and B have agreed to merge and form a new company C. Both companies are exactly alike except that they operate in two different towns. The end of period value of each firm is determined by weather as shown in the table below. There will be no synergy to the merger.

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