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Question 2 Not yed answered ICIC Ltd & SBE Ltd are to merge. Revenue of ICIC is 10 lacs while revenue of SBE is Rs. 6 lacs. The companies expect certain benefits on merger mainly in operations with Cost of Goods sold going down from 80% to 70% Marked out of 5.00 Flag question The present growth rate of ICIC is 6%. Post-merger, it expects growth rate to go up by 1%. Cost of capital is 10%. Taxes are 25% Merged entity expects to benefit out of synergy Find out the Benefits of synergy