Common stock per share in us dollars, Finance Basics

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Common stock per share in us dollars

Assume that an investor owned 5,000 shares of Anheuser-Busch Corporation common stock prior to the acquisition by InBev of Belgium. At the time of the acquisition, the dollar was worth .77 euros. Further assume that the purchase price was equal to 54 euros per share. What was the sales price of Anheuser Busch common stock per share in U.S. dollars?

a. $41.58

c. $77

d. $70.13

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Finance Basics: Common stock per share in us dollars

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Recent Questions Asked Finance Basics

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Finance Basics: Common stock per share in us dollars

Reference No:- TGS042477

Recent Questions Asked Finance Basics

Q : How much should hospital report as patient service revenue

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Q : What book value will model-one have after two years

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