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Buyer Inc has a stock price of $65, and Seller Inc has a stock price of $55. Now, the two companies announce that they will

Buyer Inc has a stock price of $65, and Seller Inc has a stock price of $55. Now, the two companies announce that they will merge. Buyer Inc will pay a 35% premium over Sellers pre-merger announcement stock price using a stock swap. What is the exchange ratio that Buyer will give of its own stock for Sellers stock

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