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Firm A has 2,100 shares outstanding at a market price per share of $25.30. Firm B has 3,000 shares outstanding at a market price of
- Firm A has 2,100 shares outstanding at a market price per share of $25.30. Firm B has 3,000 shares outstanding at a market price of $41 a share. Neither firm has any debt. Firm B is acquiring Firm A for $58,000 in cash. What is the gain per share for the Firm A shareholders in the proposed merger?
- $2.81
- $1.88
- $2.04
- $2.32
- $1.62
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Mathematics Of Finance
Authors: Robert Brown, Petr Zima
2nd Edition
0071756051, 9780071756051
