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Consider the following premerger information about Firm X and Firm Y Firm X Firmy Total Earnings $92,516 $40,828 Shares outstanding 46,969 27,862 Per share values:

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Consider the following premerger information about Firm X and Firm Y Firm X Firmy Total Earnings $92,516 $40,828 Shares outstanding 46,969 27,862 Per share values: Market $59 $19 Book 521 59 Assume that Firm X acquires Firmy by issuing long-term debt to purchase all the shares outstanding at a merger premium of 5 per share. Assuming that either fm has any debt before the merger, what would be the total assets for the new company XY NOTE: Enter the number rounding to four DECIMALS. If your decimal answer is 0.034576, your answer must be 0.0346. DO NOT USE the sun

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