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Question 7 1.5 pts Bidding firm (Firm B) has 5580 shares outstanding that are currently...

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Question 7 1.5 pts Bidding firm (Firm B) has 5580 shares outstanding that are currently selling at $47 per share. Target firm (Firm T) has 1283 shares outstanding that are currently selling at $16 per share. Assume that both firms have no debt outstanding. Firm B has estimated that the value of the synergistic benefits from acquiring Firm T is $8326. If firm T is willing to be acquired for $21 per share in cash, what will be the price per share of the merged firm? (Round answer to 2 decimal places. Do not round intermediate calculations) Topic: Cost of Acquisition

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