Global Network Has a Market Value of $713,000

Multiple Choice

Global Network has a market value of $713,000.AG Communications has 46,700 shares of stock outstanding at a price per share of $56.AG is acquiring Global in an exchange for 13,500 shares of AG stock.The merger is expected to create $28,000 of synergy.What will be the postmerger value of the firm?

A) $3,218,100
B) $3,482,800
C) $3,356,200
D) $3,220,000
E) $3,298,000