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    Exam 28: Mergers and Acquisitions
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    If Rearden Offers an Exchange Ratio Such That,at Current Pre-Announcement
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If Rearden Offers an Exchange Ratio Such That,at Current Pre-Announcement

Question 32

Question 32

Multiple Choice

If Rearden offers an exchange ratio such that,at current pre-announcement share prices for both firms,the offer represents a 20% premium to buy Associated Steel,then actual premium Rearden will pay will be closest to:


A) 14.7%
B) 18.0%
C) 20.0%
D) 22.4%

Correct Answer:

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