Question: Use the spreadsheet model to rework Problem 21-6 and then answer the following question: In problem 21-6 a, b and c parts a. What is

Use the spreadsheet model to rework Problem 21-6 and then answer the following question:
In problem 21-6 a, b and c parts
a. What is the appropriate for valuing the acquisition?
b. What is the terminal value?
c. What is the value of GCC to TransWorld?
d. Suppose GCC has 120,000 shares outstanding. What is the maximum per-share price TransWorld should offer for GCC?

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