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Business, 22.04.2020 02:55 breroyalee2584

Goodday is merging with Baker, Inc. Goodday has debt with a face value of $80 and Baker has debt with a face value of $40. The pre-merger values of the firms given two economic states with equal probabilities of occurrence are as follows: Picture What will be the gain or loss to the current shareholders of Goodday if the merger provides no synergy?

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Goodday is merging with Baker, Inc. Goodday has debt with a face value of $80 and Baker has debt wit...
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