JLM Has 6,000 Shares of Stock Outstanding at a Market

Multiple Choice

JLM has 6,000 shares of stock outstanding at a market price per share of $27.Hi-Tek has 30,000 shares outstanding that sell for $50 a share.By merging,$35,000 of synergy can be created.Hi-Tek is acquiring JLM for $200,000 worth of Hi-Tek stock.What is the post-merger value per share?

A) $50.00
B) $56.57
C) $49.91
D) $51.17
E) $48.83