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Canada Ltd. is considering acquiring Quebec Corp. by offering one share of its common stock for 1.01 ...

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Canada Ltd. is considering acquiring Quebec Corp. by offering one share of its common stock for 1.01 ...

Canada Ltd. is considering acquiring Quebec Corp. by offering one share of its common stock for 1.01 shares of Quebec Corp. Currently, the market price of Quebec Corp. is $98. What is the cash bidding price proposed for this deal (rounded up)?

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$99

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$97

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$90

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$103

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Financial Management: Theory and Practice

Edition: 4^th

Authors: Brigham, Ehrhardt, Gessaroli, Nason

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