Apple has earnings per share of $8. It has 30 million shares outstanding and is trading at $60 per share. Apple is thinking of buying Streaming Inc., which has earnings per share of $1, 6 million shares outstanding, and a price per share of $40. Apple will pay for Streaming Inc. by issuing new shares. There are no expected synergies from the transaction. If Apple pays no premium to buy Streaming Inc., then Apples earnings per share after the merger will be closest to: A) $8.00 B) $9.00 C) $7.25 D) $4.25