Company A has agreed to buy Company B for $$\frac{48\mathrm{.}00}{?}$ share in stock. Company A and Company B$\text{'}$s stock prices on the day before announcement were $$112\mathrm{.}00$ and $$42\mathrm{.}00$ respectively. Company $B$ has $20$ million shares outstanding, $12$ million exercisable options outstanding with an average exercise price of $$28\mathrm{.}00$ per share, $$120$ million in net debt to be assumed by Company A and minority interests of $$25$ million to be acquired for cash.

Company B Income Statement Items

$\backslash$table$[[$LTM Revenue,$$1000$ million$],[$LTM EBITDA,$95$ million$],[$LTM Net Income,$60$ million$]]$

Calculate the premium paid.

$20\mathrm{.}65\%$

$16\mathrm{.}94\%$

$14\mathrm{.}29\%$

$18\mathrm{.}79\%$