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Firm B Is Being Acquired by Firm a for $162,000

Question 62

Multiple Choice

Firm B is being acquired by Firm A for $162,000 worth of Firm A stock.The incremental value of the acquisition is $4,600.Firm A has 8,500 shares of stock outstanding at a price of $36 a share.Firm B has 5,900 shares of stock outstanding at a price of $27 a share.What is the value per share of Firm A after the acquisition?


A) $35.28
B) $35.71
C) $36.00
D) $36.15
E) $37.04

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