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Firm A is analyzing the possible acquisition of Firm T. Firm A currently has 5,870 shares outstanding at a market price of $59.78 per share.

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Firm A is analyzing the possible acquisition of Firm T. Firm A currently has 5,870 shares outstanding at a market price of $59.78 per share. Firm T has 4,085 shares outstanding at a market price of $49.04 per share. If Firm A has estimated that the present value of the synergistic benefits arising from the acquisition of Firm Tis $8,845, what would be the NPV of the merger if Firm A offered 3 of its shares in exchange for 11.5 of Firm T's shares? $120,040 $123,118 $126,196 $129,274 $132,351 MacBook Pro 888 3 $ 4 5 6 7 8 Zi Zow E R T

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