Acquirer purchases 100% of target by issuing additional stock to purchase target shares No premium is offered to the current target share price Acquirer share price at announcement is $30 Target share price at announcement is $50 Acquirer EPS next year is $3.00 Target EPS next year Is $2.00 Acquirer has 4 thousand shares outstanding Target has 2 thousand shares outstanding What is the exchange ratio for the deal? 0.6x 1.5x 1.7x 2.5x