老师请问,这个题目之前李老师在课上都是直接相加减的,并没有乘以3之类的倍数,Acquire : Target的股份数 几比几这个条件需要考虑吗?因为我没有按照李老师说的方法(截图)也能算对结果了
下面是我计算的结果:
If Winston's merger arbitrage strategy succeed, the payoff will be 75000 euro dollars (46 x 75,000 - 15 x 225,000=75,000)
If Winston's merger arbitrage strategy failed, the payoff will be 675,000 euro dollars [(49-46) x 75,000 + (15-13) x 225,000 = 675,000]