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Ratio of exchange Calculate the ratio of exchange (1) of shares and (2) in market price for the case shown in the following table. Acquiring

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Ratio of exchange Calculate the ratio of exchange (1) of shares and (2) in market price for the case shown in the following table. Acquiring company $65 Current market price per share Target Price per company share offered $80 $104.00 (1) The ratio of exchange of shares is (Round to two decimal places.) (2) The ratio of exchange in market price is (Round to two decimal places.)

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