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Business, 26.05.2021 19:20 JOEREACH

Mercantile Exchange is being acquired by National Sales. The incremental value of the acquisition is $2,500. Mercantile Exchange has 1,200 shares of stock outstanding at a price of $26 a share. National Sales has 6,500 shares of stock outstanding at a price of $54 a share. What is the net present value of the acquisition given that the actual cost of the acquisition using company stock is $32,780

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