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Sue's Bakery is planning on merging with Ted's Deli.Sue's will pay Ted's shareholders the current value of their stock in shares of Sue's Bakery.Sue's currently has 4,500 shares of stock outstanding at a market price of $19 a share.Ted's has 2,300 shares outstanding at a price of $20 a share.What is the value of the merged firm?
M3
A measure of the money supply that includes M2 plus large time deposits, institutional money market funds, and other large liquid assets.
Money Supply
The broad total of financial assets available in an economy at a specified moment.
Gold
A precious metal used as an investment, a currency hedge, and in various industrial applications, valued for its rarity and physical properties.
Silver
A precious metal used for investment, industrial applications, and jewelry, valued both for its monetary and physical properties.
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