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White Inc. will be acquiring Clear Co. which provides a return on equity of 15%,...

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Accounting

White Inc. will be acquiring Clear Co. which provides a return on equity of 15%, growth rate of 3% and P 48 per share as most recent dividends. White sees that the value of the outstanding 150,000 shares can be improved upon acquisition. It foresees to provide 16% return on equity, growth rate of 4% and a dividend of P52 one year from immediate acquisition. What would the value of control over Clear Co. be for White Inc?

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