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The Cookie Shoppe and Sweet Treats are all-equity firms. The Cookie Shoppe has 3.400 shares outstanding at a market price of $31 a share Sweet
The Cookie Shoppe and Sweet Treats are all-equity firms. The Cookie Shoppe has 3.400 shares outstanding at a market price of $31 a share Sweet Treats has 6.100 shares outstanding at a price of $42 a share. Sweet Treats is acquiring the Cookie Shoppe for $107,500 in cash. The incremental value of the acquisition is $2,900. What is the net present value of the acquisition? Multiple Choice $1600 SBOO o $700 O $2100 O 5300 0 O R! E BO be here to search
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