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ABC Firm has 20,000 shares outstanding at market price/share of $16. Dell has 8,000 shares outstanding at a market price of $25 a share. Neither

ABC Firm has 20,000 shares outstanding at market price/share of $16. Dell has 8,000 shares outstanding at a market price of $25 a share. Neither firm has any debt. Dell is acquiring ABC for $350,000 in cash. What is the merger premium per share?

$1.42$1.38$1.50$1.67$1.74

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