Consider the following premerger Information about a bidding firm (Firm B) and a target firm (Firm T). Assume that both firms have no debt outstanding Shares outstanding Price per share Fire Fire 5,800 1,700 25 Firm has estimated that the value of the synergistic benefits from acquiring Firm Tis $8,100. Firm T can be acquired for $27 per share in cash or by exchange of stock wherein B offers one of its shares for every two of T's shares. Are the shareholders of Firm T better off with the cash offer or the stock offer? Cath offer is better Share offer is better es At what exchange ratio of shares to shares would the shareholders in T be indifferent between the two offers? (Do not round Intermediate calculations and round your answer to 4 decimal places, e.g. 32.1616.) Exchange ratio 101