Suppose that the price of the target firm 43 is after the announcement. The acquirer's share price is 74 after the announcement, and it is 82 on the deal completion date. The acquirer offers to exchange 0.679 shares of the acquirer for each share of the target at the completion of the deal. Compute the return for a merger arbitrageur assuming that the deal is successful. The answer should be given_in decimal form with three decimals. For example, write 0.105 instead of 10.5 or 10.5 % when the correct answer is 10.5 %.

KT corporation has announced plans to acquire MJ corporation.  KT is trading for $45 per share and MJ is trading for $25 per share, with a premerger value for MJ of $3 billion dollars.  If the projected synergies from the merger are $750 million, what is the maximum exchange ratio that KT could offer in a stock swap and still generate a positive NPV? It is closest to: Answer choices: A) 0.75 B) 3.30 C) 2.25 D) 1.30

Company A has a market capitalization of $2410539999 and 22833777 shares outstanding. It plans to distribute $35977773 through an open market repurchase. Assuming perfect capital markets:   What will the price per share of the firm be right after the repurchase?

ABC would like to repurchase 50,000 of its ordinary shares. Investor X offered to sell his 20,000 shares at P20 per share. Investor Y offered to sell his 30,000 shares at P21 per share. Lastly, Investor Z offered to sell his 50,000 shares at P22 per share. ABC eventually paid Investors X and Y P21 per share to complete the repurchase. This is a/an *A. Fixed price tender offerB. Dutch auction self-tender repurchaseC. Open market operationD. Selective buy-back

A share price in a two-period binomial model evolves according to this diagram: S(2) = 250 S(1) = 200 S(2) = 70 $(0) = 100 S(2) = 320 S(1) = 80 S(2) = 50 time 2 Assume that interest is compounded continuously at rate 3%.

Pick two publicly traded stocks within the same sector andcompare their EPS & P/E Ratio. In two paragraphs, explainthe difference between their EPS and P/E Ratios (i.e., is oneP/E significantly higher than the other, why may onecompany may have a lower EPS, etc.). What do these tworatios tell you as a potential investor?

You would like to sell 220 shares of Echo Global Logistics, Inc. (ECHO). The current ask and bid quotes are $15.44 and $15.39, respectively. You place a limit sell order at $15.43.If the trade executes, how much money do you receive from the buyer?