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Lerok [7]
3 years ago
10

In the 1990s, the russian people lost confidence in the value of the ruble, and many were no longer willing to sell goods and se

rvices in exchange for russian currency. which characteristic of money did the russian currency lack?
Business
1 answer:
hodyreva [135]3 years ago
5 0
The answer to this question is <span>acceptability
The </span><span>acceptability characteristic refers to whether the currency is accepted as a medium of exchange for the transaction in the market.
Currency that has high rate of acceptability tend to be less volatile in the foreign exchange market and attract more investment.</span>
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Rudy's, Inc. and Blackstone, Inc. are all-equity firms. Rudy's has 1,500 shares outstanding at a market price of $22 a share. Bl
aleksandr82 [10.1K]

Answer:

Merger premium per share is equal to $2

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Step 1. Given information.

  • 1500 shares outstanding
  • market price of 22
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  • Outstanding price 38
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Step 2. Formulas needed to solve the exercise.

Merger premium per share = (Blackstone acquire Rudy's /shares outstanding) - market price

Step 3. Calculation.

Merger premium per share = ($36,000/1,500) - $22 = $2

Step 4. Solution.

Merger premium per share is equal to $2

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