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Consider the following premerger information about Firm X and Firm Y: . Firm X Firm Y Total earnings $96,000 $22,500 Shares 53,000 18,000 outstanding Per-share

Consider the following premerger information about Firm X and Firm Y: . Firm X Firm Y Total earnings $96,000 $22,500 Shares 53,000 18,000 outstanding Per-share values: Market 53 $ 18 Book 14 $ 8 Ass...

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