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Find the ratio of exchange of market prices

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Reference no: EM131107014

Suppose that the market price of Company X is $45 per share and that of Company Y is $30. If X offers three-fourths a share of common stock for each share of Y, the ratio of exchange of market prices would be:

A. .667

B. 1.0

C. 1.125

D. 1.5

Reference no: EM131107014

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