Company A has an expected earnings per share of $$3$ for the next year. It has $10$ million shares outstanding and is

trading at $$24$ per share. Company A is thinking of buying Company T$,$ which has an expected earnings per share

of $$1\mathrm{.}5$ for the next year, $2$ million shares outstanding, and a price per share of $$30.$

Company A will pay for Company T by issuing new shares.

There are no expected synergies from the transaction. Assume zero transaction cost and zero integration cost.

Suppose Company A offers an exchange ratio such that, at current pre$-$announcement share prices for both firms,

the offer represents a $20\%{?}_p$remium $to$ buy Company $T.{?}_{(}()).$

Use this information to help answer the questions that follow.

$($a$)$ Company A$\text{'}$s expected earnings per share for the next year after the merger is $

Note: Please provide your answer with two decimal points in the format of $.($for example, if the answer is

$$12\mathrm{.}345,$ type in $12\mathrm{.}35).$

$($b$)$ The share price of Company T immediately after the announcement is $q$

Note: Please provide your answer with two decimal points in the format of $.($for example, if the answer is

$$12\mathrm{.}345,$ type in $12\mathrm{.}35).$

$($c$)$ The actual premium paid by Company A for this acquisition is

$\%.$

Note: Please provide your answer in percent with two decimal points in the format of $.($for example, if the

answer is $12\mathrm{.}345\%,$ type in $12\mathrm{.}35).$