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ABC Corp.has a market value of $ 6 0 0 million and 3 0 million shares outstanding.XYZInc. has a market value of $ 2 0

ABC Corp.has a market value of $600 million and 30 million shares outstanding.XYZInc. has a market value of $200 million and 20 million shares outstanding.ABC is contemplating acquiring XYZ.ABC's CFO concludes that the combined firm with synergy will be worth $1 billion and XYZ can be acquired at a premium of $150 million.
A)If ABC offers 15 million shares to exchange for the 20 million shares ofXYZ, what will the post-acquisition stock price of ABC be?
B)To make the value of stock offer equivalent to a cash offer of $300million, what would be the proper exchange ratio of the two stocks

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