A target firm has 7 million shares outstanding at a price of $20 per share. The acquiring

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A target firm has 7 million shares outstanding at a price of $20 per share. The acquiring firm offers a 10% takeover premium. The market value of the target's fixed assets is $125 million and it has $20 million in current assets. If the firm has $40 million in liabilities, what is its value for goodwill?

A.	35 Million
B.	29 Million
C.	49 Million
D.	55 Million
E.	9 Million

Posted Date: Jun 09, 2024 03:11 PM

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A target firm has 7 million shares outstanding at a price of $20 per share. The acquiring

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