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The Prad Corporation Is Considering a Merger with the Stone

question 52

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The Prad Corporation is considering a merger with the Stone Company which has 400,000 outstanding shares selling for $25. An investment dealer has advised that to succeed in its merger Prad Corp. would have to offer $45 per share for Stones's stock. Prad Corp. stock is selling for $30. How many shares of Prad Corp. stock would have to be exchanged to acquire all of Stones's stock?


Definitions:

Generativity

A concern for establishing and guiding the next generation, often expressed through parenting, teaching, and community involvement, typically occurring during middle adulthood.

Conscientiousness

A personality trait characterized by organization, dependability, and a strong sense of duty.

Big Five

A model describing human personality through five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Personality

The combination of emotional, attitudinal, and behavioral response patterns of an individual that are relatively stable over time.

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