Question: What's the answer please? Please do not use any sort of AI as they provide wrong/different answers! Thank you Firm A is analyzing the possible
Firm A is analyzing the possible acquisition of Firm B. Neither firm has debt. Firm A has 280,000 shares outstanding at $30 per share. Firm B has 70,000 shares outstanding at $15 per share. Firm B's value to Firm A is $2,600,000. If the required rate of return is 8%, calculate the value of Synergy from the merger? No rounding required, and the unit is (\$). Your Answer: Answer units
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