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Assume that a Canadian target firm has 500,000 common shares and its total market value of common shares is C$ 12 million. The Canadian stock

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Assume that a Canadian target firm has 500,000 common shares and its total market value of common shares is C$ 12 million. The Canadian stock market level drops by 16%. If the target's stock price drops by this same %, the target's share price will be around at O C$ 1.92 O C$ 3.84 O C$ 20,16 O C$ 10.08

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