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Company A has agreed to buy Company B for $65.00/share in stock. Company A and Company B's stock prices on the day before announcement were

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Company A has agreed to buy Company B for $65.00/share in stock. Company A and Company B's stock prices on the day before announcement were $112.00 and $55.00 respectively. Company B has 200,000 shares outstanding, 120,000 exercisable options outstanding with an average exercise price of $28.00 per share, $1.2 million in net debt to be assumed by Company A and minority interests of $250,000 to be acquired for cash. Calculate the premium paid. O 27% 25% 31% 18%

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