Acquiring Company is considering the acquisition of Target Company in a stock for stock transaction in which Target Company would receive $5i].i] for each share of its common stock. The Acquiring Company does not expect any change in earnings in both rms after the merger, but it expects that this merger will increase its PIE. ratio by 30%. Eaniings available for $35JUIJD $5ti common stock Number of shares of Market price per share $1.30 tit] $40 no Using the information provided above on these two firms and calculate the Acquiring Company postmerger share price. Showing all your work