Question: Chapter 21 Served Help Save Ex question #7 Brite Industries has agreed to merge with Nu-Day, Inc. for $20,000 worth of Nu-Day stock. Brite has

Chapter 21 Served Help Save Ex question #7 Brite Industries has agreed to merge with Nu-Day, Inc. for $20,000 worth of Nu-Day stock. Brite has 1.200 shares of stock outstanding at a price of $15 a share Nu-Day has 2,000 shares outstanding with a market value of $19 a share. The incremental value of the acquisition is $3,500. What is the value of Nu Day after the merger? Multiple Choice 550.500 357.750 550.000 354250

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