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Stock - Problem 2 1 - 6 Stock versus Cash Offers ( LO 2 ) Sweet Cola Corporation ( SCC ) is bidding to take
Stock Problem Stock versus Cash Offers LO
Sweet Cola Corporation SCC is bidding to take over Salty Dog Pretzels SDP SCC has shares outstanding, selling at $ per share. SDP has shares outstanding, selling at $ a share. SCC estimates the economic gain from the merger to be $ What is the NPV of the merger to SCC when it uses an exchange of stock?
Note: Do not round intermediate calculations. Round your answer to decimal places.
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