as the figure shown below:

In the fall of 2009, Kraft Foods attempted to buy Cadbury plc. Data for each of the two companies are given in the table. Both companies are all equity financed. The CEO of Kraft Foods estimated that merger synergies had a present value of $6 billion. Kraft offered each Cadbury shareholder 0.6807 shares in Kraft. Use the data in the table to answer the questions below. Kraft Value of Firm Cadbury $18B 0 .98B| $18.37) $47B 1.58B| N $29.75 Shares Outstanding Stock Price Part A. How many shares will there be in the merged company? Shares Outstanding Post Merger = 2.2471 B. (Enter your number in billions and round your answer to four decimals.) Part B. What is the value of the merged firm? Value of merged firm = $ 71 B. (Enter your number in billions of dollars and round your answer to two decimals.) Part C. What is the NPV of the offer to Cadbury Shareholders? NPV to Cadbury = $ 1.85 B. (Enter your number in billions of dollars and round your answer to two decimals.)