Company A has 2 million shares outstanding, and a share price of $15. Company A is thinking of buying Company T, which has 1 million shares outstanding and a price per share of $20. Synergies from the transaction is expected to be 5 million dollars. Company A will pay for company T by issuing new shares. Suppose Company A offers an exchange ratio such that, at current pre-announcement share prices for both firms, the offer represents a 50% premium to buy Company T. The share price of Company A immediately after the announcement is $ 13.75 (Provide your answer with two decimal points or in the format of xx.xx) The actual premium Company A will pay is 25 * (37.5 - 38.0)%. (Provide your answer with one decimal point or in the format of xx.x)