KT corporation has announced plans to acquire MJ corporation. KT is trading for $45 per share...

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 pre-merger 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 share swap and still generate a positive NPV?

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jeff jeffy answered 2 years ago

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