At the beginning of the year Fair store management is considering making an offer to buy Thrify Corporation. Thrify Corporation projected operating income $($EBIT$)$ for the current year is $$31\mathrm{.}0$ million, but it believes that if the two firms were merged, it could consolidate some operations, reduce Thrify's expenses, and raise its EBIT to $$34\mathrm{.}0$ million. Neither company uses any debt, and they both pay income taxes at a $21\%$ rate. Fair store has a better reputation among investors, who regard it as very well managed and not very risky, so its stock has a P$/$E ratio of $11$ versus a P$/$E of $9$ for Thrify store. Since Fair store's management would be running the entire enterprise after a merger, investors would value the resulting corporation based on Fair stores P$/$E$.$ If Thrify has $10$ million shares outstanding, by how much should the merger increase its share price, assuming all of the synergy will go to its stockholders?

$($Hint: The amount of share price increased by synergy $=$ synergy $/$ number of shares outstanding$)$

A$)$ $$7\mathrm{.}5$

B$)$ $$9\mathrm{.}5$

C$)$ $$7\mathrm{.}0$

D$)$ $$12\mathrm{.}5$