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Bakery and Coffee Shop are all-equity firms. Bakery has 3,780 shares outstanding at a market price of $29 a share. Coffee Shop has 6,112 shares

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Bakery and Coffee Shop are all-equity firms. Bakery has 3,780 shares outstanding at a market price of $29 a share. Coffee Shop has 6,112 shares outstanding at a price of $43 a share. Coffee Shop is acquiring the Bakery for $110,500 in cash. The incremental value of the acquisition is $2,769. What is the net present value of the acquisition? O A) - $2,100 OB) $700 OC) $800 OD) $1,600 O E) $1,889

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