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Firm X is considering acquiring Firm Y by offering one of its common stock for 0.8728 shares of Y. Currently, the market price of Firm X is $48. What is the cash bidding price proposed for this deal?
Compensation
Amount employees are paid in money and benefits.
Salary
Pay calculated on a periodic basis, such as weekly or monthly.
Wage
The monetary compensation paid by an employer to an employee in exchange for work done.
Time Wage
A method of wage payment where employees are paid based on the number of hours they have worked.
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