Question: Alpha is acquiring Gamma for $ 2 2 , 5 0 0 in cash. Alpha has 2 , 3 0 0 shares of stock outstanding

Alpha is acquiring Gamma for $22,500 in cash. Alpha has 2,300 shares of stock outstanding at a market value of $26 per share. Gamma has 1,200 shares of stock outstanding at a market price of $17 per share. Neither firm has any debt. The net present value of the acquisition is $1,900. What is the price per share of Alpha after the acquisition? $26.83 $26.00 $26.50 $25.17 $28.25

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