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Calculate the exchange ratio (new shares / old shares) for the following transaction. Assume the equity issuance is performed as a share for share exchange.

Calculate the exchange ratio (new shares / old shares) for the following transaction.

Assume the equity issuance is performed as a share for share exchange.

Calculate the exchange ratio (new shares / old shares) for the following transaction. Assume the equity issuance is performed as a share for share exchange. 20.1075 [ 0.0766 0.0825

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