Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I need answer for first photo. I have provided a second photo containing a second related which shows the exact formula to use for a
I need answer for first photo. I have provided a second photo containing a second related which shows the exact formula to use for a correct answer. Please follow this, and the rounding instructions (in red) to get the correct answer. THanks!
DQuestion 7 1.5 pts Bidding firm (Firm B) has 5645 shares outstanding that are currently selling at $44 per share. Target frm (Firm T) has 1888 shares outstanding that are currently selling at $16 per share. Assume that both firms have no debt outstanding. Firm B has estimated that the value of the synergistic benefits from acquiring Firm T is $8605. If frm T is willing to be acquired for $21 per share in cash, what will be the price per share of the merged firm? (Round answer to 2 decimal places. Do not round intermediate calculations) Topic: Cost of Acquisition 1.5/1.5 pts Question 7 Bidding firm (Firm B) has 5693 shares outstanding that are currently selling at $42 per share. Target firm (Firm T) has 1275 shares outstanding that are currently selling at $16 per share. Assume that both firms have no debt outstanding. Firm B has estimated that the value of the synergistic benefits from acquiring Firm T is $9064. If firm T is willing to be acquired for $21 per share in cash, what will be the price per share of the merged firm? (Round answer to 2 decimal places. Do not round intermediate calculations) Topic: Cost of Acquisition Correct 42.47 Correct Answer 42.47 margin of error +/0.1 (BSHARES BP)+(TSHARES TP)+SYN-(TSHARES 21))/BSHARES
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started