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KKL stock is currently trading at a price of RM55 per share. The company is considering the acquisition of Tarif Central, whose stock is currently
KKL stock is currently trading at a price of RM55 per share. The company is considering the acquisition of Tarif Central, whose stock is currently trading at RM20 per share. The transaction would require KKL to swap its shares for those of Tarif, which would be paid RM60 per share. Calculate the ratio of exchange and the ratio of exchange in market price for this transaction.
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