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papahomer papahomer
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7 years ago
Assume that an investor owned 5,000 shares of Anheuser-Busch Corporation common stock prior to the acquisition by InBev of Belgium. At the time of the acquisition, the dollar was worth .77 euro. Further assume that the purchase price was equal to 54 euros per share. What was the sales price of Anheuser Busch common stock per share in U.S. dollars?
A) $41.58
B) $54
C) $77
D) $70.13
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
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David_hessDavid_hess
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papahomer Author
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7 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
TAT1238
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Yesterday
Brilliant ツ
amandamraz
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2 hours ago
Helped a lot
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