I need help with this entire assignment. Its practice questions for a test.

Assignment #4 Answer the following TWO questions Q#1: A merger between Minnie Corporation and Mickey Corporation is under consideration. The financial information for these firms is as follows: a) On a share-for-share exchange basis, what will the postmerger earnings per share be? b) If Mickey Corporation pays a 25 percent premium over the market value of Minnie Corporation, how many shares will be issued? c) With the 25 percent premium, what will the postmerger earnings per share be? d) Assume a 100 percent premium will be paid and there is a 25 percent synergistic benefit to total earnings from the merger. Will the postmerger earnings go up or down based on your calculations? Q#2: You are the vice-president of finance for Exploratory Resources, headquartered in Calgary. In January 2012, your firm's American subsidiary obtained a six-month loan of $1 million (U.S.) from a bank in Calgary to finance the acquisition of an oil-producing property in Oklahoma. The loan will also be repaid in U.S. dollars. At the time of the loan, the spot exchange rate was US$1.0125/C$ and the U.S. currency was selling at a premium in the forward market. The June 2012 futures contract (face value = $100,000 per contract) was quoted at US$1.0107. a) Explain how the Calgary bank could lose on this transaction. b) How much is the bank expected to lose/gain due to foreign exchange risk? c) If there is a $100 total brokerage commission per contract, would you still recommend that the bank hedge in the currency futures market