Andover Bank is planning to purchase Berkley Bank. The current market value of Andover's stock is $$55$ per share while that of Berkley's stock is $$15$ per share. Andover plans to pay Berkley's stockholders a $$5$ bonus per share. Currently, Andover has $100,000$ shares outstanding and earnings per share of $$12,$ while Berkley has $50,000$ shares outstanding and earnings per share of $$5.$ What is the merger premium that Andover will end up paying on Berkley's shares if the merger goes through?

$367$ percent

$100$ percent

$275$ percent

None of the options is correct

$133$ percent