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Mound company is considering acquiring ground company the market prices of the common stock of the two companies are $60 and $15 respectively

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Mound company is considering acquiring ground company the market prices of the common stock of the two companies are $60 and $15 respectively. if an exchange of stock is made at these prices, ground stockholders will receive approximately how many shares of Mound for every 100 of their shares?

(a)    4

(b)    25

(c)     240

(d)    400