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Firm X has 7,500 shares of stock outstanding at a market price per share of $13. Firm Y has 22,000 shares outstanding that sell
Firm X has 7,500 shares of stock outstanding at a market price per share of $13. Firm Y has 22,000 shares outstanding that sell for $26 a share. By merging. $12,600 of synergy can be created. What would be the postmerger value of the combined firm if Firm Y pays $100,000 to acquire Firm X? Multiple Choice $569,500 $582,100 $556,100 $669,500 $682,100
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