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Loki will pay a 40 premium over thors premerger price if

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Loki, Inc., and Thor, Inc., have entered into a stock-swap merger agreement whereby Loki will pay a 40% premium over Thor's premerger price. If Thor's premerger price per share was $40 and Loki's was $50, what exchange ratio will Loki need to offer?

Reference no: EM13575562

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