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Firm B has 500,000 shares outstanding currently trading at $75 per share. Firm T has 600,000 shares outstanding, and it is currently trading at $25
Firm B has 500,000 shares outstanding currently trading at $75 per share. Firm T has 600,000 shares outstanding, and it is currently trading at $25 per share. If the synergy value of the deal is $2,750,000, what is the maximum exchange ratio that Firm B can offer to Firm Tin a stock deal to still have a positive NPV? O A) 0.473 B) 0.215 C) 2.535 D) 0.434 E) 0.394
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American Public School Finance
Authors: William A. Owings, Leslie S. Kaplan
1st Edition
0495807834, 9780495807834
