The share price for the merged firm is $48.09. Therefore, the correct option is C
<u>Explanation:</u>
(a)-Net Present Value (NPV)
Net Present Value (NPV) = Market Value of the Target Firm + synergistic benefit – Acquisition Value
= [3600 Shares multiply $19] plus $16700 minus [3600 Shares multiply $21]
= $68400 plus 16700 minus 75600
= $9500
“Net Present Value (NPV) = $9500
(b) Share Price
Share price = [Market Value of the Bidding firm + NPV] / Number of shares of the Bidding firm
= [( 8700Shares multiply $47) plus $9500] / 8700 Shares
= [$408900 + 9500] / 8700 Shares
= $48.09 per share
“Share Price = $48.09 per share”
Answer: Low risk taking culture
Explanation:
Organisational culture includes the behaviour, beliefs, value and principles in which an organisation operates on. It's entails the way business are done, decisions are made etc.
Low risk taking is an organisation culture aimed at minimising risks. Recommendations and Decisions are based on facts and genuine data not on abstract and unreal thoughts with decisions fully documented.
A jobless man..............
Answer:
Because it has no direction