36. Firm X has a market value of $8,400 with 120 shares outstanding and a price per share of $70. Firm Y has a market value of $2,000 with 100 shares outstanding and a price per share of $20. Firm X is acquiring Firm Y by exchanging 30 of its shares for all 100 of Firm Y's shares. Assume the merger creates $400 of synergy. What will be the value of Firm X's shareholders' stake in the merged firm? oc $8,080 $9,200 $8,820 $8,640