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6 ) Loki, Inc., and Thor, Inc., have entered into a stock swap merger agreement whereby Loki will pay a 32 % premium over Thor's
6) Loki, Inc., and Thor, Inc., have entered into a stock swap merger agreement whereby Loki will pay a
32 %
premium over Thor's premerger price. If Thor's premerger price per share was
$ 43 and Loki's was $ 49, what exchange ratio will Loki need to offer?
The ratio should be ________shares of Loki for every share of Thor. (Round to two decimal places.)
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