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Company ABC purchased company XYZ with shares. ABC paid 500,000$ or 32$ per share. ABC share costs 152$ per share. 1)Calculate the fraction of ABC
Company ABC purchased company XYZ with shares. ABC paid 500,000$ or 32$ per share. ABC share costs 152$ per share.
1)Calculate the fraction of ABC shares would XYZ shareholders receive
2) New price of the ABC share is 252, calculate new fractional share for XYZ.
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