Question: complete all parts to the question. answer to part a is NOT 47.88 .. of Ostion Help Your company has camins per share of $3

complete all parts to the question.

answer to part a is NOT 47.88 complete all parts to the question. answer to part a is

.. of Ostion Help Your company has camins per share of $3 has 1 milion shares outstanding, each of which has a price of $45. You are thinking of buying Target, which has earnings per shore of $3,1 milion share outstanding and a price per share of $28. You will pay for TargetCo byssung new shares. There are expected synergies from the transaction Suppose you offer an exchange rato such that of current pre-announcement share prices for both firms the offer represents a 223 premium to buy Target Assume that on the announcement the target price will go up and your price will go down to reflect the fact that you are willing to pay premium for TurgetCo. Assume that the takeover will occur with certainty and all market participants know this on the announcement of the tokeover a. What is the price per share of the combined corporation immediately the mergers come? b. What is the price of your company immediately after the announcement? c. What is the price of TargetCommediately after the announcement? d. What is the actual premium your company wilay? a. What is the price per share of the combined corporation immediately her the merger a completed? The share price will be $47.88 (Round to the nearest cent) Enter your answer in the answer box and then to Check Answer parts Perring Clear All Check AW

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