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Heip Save ExitRural Markets and Flo's Flowers are all-equity firms.Rural Markets has2300shares outstanding at a market price of$16.50a share.Flo's Flowers has50o0shares outstanding at a price
Heip Save ExitRural Markets and Flo's Flowers are all-equity firms.Rural Markets has2300shares outstanding at a market price of$16.50a share.Flo's Flowers has50o0shares outstanding at a price of$17a share.Flo's Flowers is acquiring Rural Markets for$39000in cash.The incremental value of the acquisition is$18o0.What is the net present value of acquiring Rural Markets to Flo's Flowers
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