FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Lok, ine, and Thot, inc, have entered into a stock swap merget agreement whereby Lovl will pay a 20% premum over Thor's premerger price. If

image text in transcribed
Lok, ine, and Thot, inc, have entered into a stock swap merget agreement whereby Lovl will pay a 20% premum over Thor's premerger price. If Thors premerger price per ahare was $35 and Lokis wat 47 , what exchange rabo will Lole need to ofler? The ratio ahould be shares of Loki for every share of Thor. (Round to two decimal places)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Personal Finance

Personal Finance

Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes

8th Edition

007322359X, 9780073223599

More Books

Students also viewed these Finance questions

Question

★★★★★
Use the extended Du Pont equation to provide a summary and overview of Computrons financial condition as projected for 2005. What are the firms major strengths and weaknesses?

Answered: 1 week ago

Question

★★★★★
What the social implications of IoT? Explain clearly.

Answered: 1 week ago

Question

★★★★★
why you want to attend that specific graduate program (e.g., the match between the program and your research/practice interest areas);

Answered: 1 week ago

Question

★★★★★
Whole Foods Markets Compensation Committee determines a portion of executive bonuses qualitatively. For the quantitative portion, the Committee selects from 13 performance metrics. For the fiscal...

Answered: 1 week ago

Question

★★★★★
Suppose that the term structure of interest rates is flat in England and Germany. The GBP interest rate is 5% per annum and the EUR rate is 3% per annum (continuously compounded). In a swap...

Answered: 1 week ago

Question

★★★★★
Assume Joseph and Rita would like to be able to spend $48,000 per year (in today's dollars) when they retire in 7 years. They believe they can earn a 7% annual return on any invested funds and that...

Answered: 1 week ago

Question

★★★★★
If an instance of ANE happens for a client, direct service providers should do the following: Record TV shows that were going to be watched for later viewing Report knowledge or suspicion of ANE to...

Answered: 1 week ago

Question

★★★★★
Learning Source, Inc. has two divisions: Test Preparation and Language Arts. Results (in millions) for the past three years are partially displayed here: (Click the icon to view the results.)...

Answered: 1 week ago

Question

★★★★★
Use DeMoivre's Theorem to find the indicated power of the complex number. Write the answer in rectangular form. [3(cos 80 + i sin 80)] [3(cos 80 + i sin 80) = (Simplify your answer, including any...

Answered: 1 week ago

Question

★★★★★
Question 17 (515108) (Elastic Collisions} = (1 points) On a frictionless surface, a block of mass m 2 kg moves at a velocity of v = +6 m/s (towards the right) headed towards another block of m 1 kg...

Answered: 1 week ago

Question

★★★★★
Grifols is a global healthcare company that since 1909 has enhanced the health and well-being of people around the world. Four divisions - Bioscience, Diagnostic, Hospital and Bio Supplies - develop,...

Answered: 1 week ago

Question

★★★★★
Calculate the cost per hire for each recruitment source.

Answered: 1 week ago

Question

★★★★★
What might be some advantages of using mobile recruiting?

Answered: 1 week ago

Question

★★★★★
What external methods of recruitment are available?

Answered: 1 week ago

Previous Question Next Question