Assume the knight corporation is considering the acquisition of day inc. the expected earnings per share for the knight corporation will be $7 with or without the merger. however, the standard deviation of the earnings will go from $3.50 to $1.40 with the merger because the two firms are negatively correlated. a. compute the coefficient of variation for the knight corporation before an
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Assume the knight corporation is considering the acquisition of day inc. the expected earnings per s...
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