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Business, 18.08.2020 14:01, loopysoop5035
The Floral Shoppe and Maggie's Flowers are all-equity firms. The Floral Shoppe has 1,800 shares outstanding at a market price of $21 a share. Maggie's Flowers has 2,300 shares outstanding at a price of $32 a share. Maggie's Flowers is acquiring The Floral Shoppe for $37,000 in cash. The incremental value of the acquisition is $2,800. What is the net present value of acquiring The Floral Shoppe to Maggie's Flowers
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Answers: 1
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The Floral Shoppe and Maggie's Flowers are all-equity firms. The Floral Shoppe has 1,800 shares outs...
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