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Firms XYZ and ABC are both all-equity firms. XYZ has 2,800 shares outstanding at a market price of $15.70 per share. ABC has 3,000 shares

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Firms XYZ and ABC are both all-equity firms. XYZ has 2,800 shares outstanding at a market price of $15.70 per share. ABC has 3,000 shares outstanding at $25.50 per share. Firm ABC is acquiring XYZ for $50.000 in cash. What is the merger premium per share

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