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You own 1,200 shares of Newstar Financial stock, currently trading for $57 per share. You are offered a deal where you can exchange these stocks
You own 1,200 shares of Newstar Financial stock, currently trading for $57 per share. You are offered a deal where you can exchange these stocks for 1,100 shares of Amback Financial Group stock, currently trading at $60 per share. What is the value of this trade, if you choose to make it?
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