Given the data in the above table, calculate the share exchange ratio:

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 37CE: Stockholder Profitability Ratios The following information pertains to Montague Corporation...
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Target Share Price
Takeover Premium
Acquirer Share Price
Target Shares Outstanding
Acquirer Shares Outstanding
Given the data in the above table, calculate the share exchange ratio:
0.46
1.12
2.62
4.19
$15.50
10%
$6.50
300
700
Transcribed Image Text:Target Share Price Takeover Premium Acquirer Share Price Target Shares Outstanding Acquirer Shares Outstanding Given the data in the above table, calculate the share exchange ratio: 0.46 1.12 2.62 4.19 $15.50 10% $6.50 300 700
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