10 Intro You are considering the aquisition of New Circle Cinema. The company has a share price of $9.72 and reported earnings per share of $1.62. Other firms in the same industry have an average P/E ratio of 12. Part 1 What is an appropriate acquisition premium for the company (in $)? 1+ decimals Submit Attempt 1/10 for 10 pts. Problem 11 Intro Trekflip Corp. is deliberating the acquisition of Orthoshoe Inc. Trekflip has 8,000,000 shares outstanding trading at $70 per share, while Orthoshoe has 1,000,000 shares outstanding trading at $175 per share. The estimated gains from the merger are expected to be $35,000,000. Part 1 Attempt 1/10 for 10 pts. What is the highest price per share that Trekflip should pay to Orthoshoe shareholders? 0+ decimals Submit