Cba corp is worth 15 million as a stand-alone firm abc corp, Finance Basics

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Cba corp is worth 15 million as a stand-alone firm abc corp

CBA Corp. is worth $15 million as a stand-alone firm. ABC Corp. has offered 350,000 shares valued at $50 each to merge with CBA. After the merger, however, ABC's shares are worth only $45 per share. What was the cost of the merger?

Choose one answer.

a. -$1.75 million
b. $0.75 million
c. $1.75 million
d. $3.25 million

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Finance Basics: Cba corp is worth 15 million as a stand-alone firm abc corp

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Finance Basics: Cba corp is worth 15 million as a stand-alone firm abc corp

Reference No:- TGS0630599

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

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Finance Basics: Cba corp is worth 15 million as a stand-alone firm abc corp

Reference No:- TGS0630599

Recent Questions Asked Finance Basics

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