Consider the following pre-merger information about a bidding firm (Firm B) and a target firm (Firm T). Assume that both firms have no debt outstanding Firm B Firm T Shares Outstanding 25 10 Price Per Share 40 30 Firm B has estimated that the value of the synergistic benefits from acquiring firm T is $200. That is, the post-merger firm value will become $1500 (=B + T + Synergy = 25*40 + 10*30 + 200). 1. If firm B agrees to pay firm T for $400 in a stock offering, how many new shares will be issued? Keep 2 decimal places. 2. What percent of the post-merger firm's ownership is held by firm T shareholders? Keep 2 decimal places. Consider the following pre-merger information about a bidding firm (Firm B) and a target firm (Firm T). Assume that both firms have no debt outstanding Firm B Firm T Shares Outstanding 25 10 Price Per Share 40 30 Firm B has estimated that the value of the synergistic benefits from acquiring firm T is $200. That is, the post-merger firm value will become $1500 (=B + T + Synergy = 25*40 + 10*30 + 200). 1. If firm B agrees to pay firm T for $400 in a stock offering, how many new shares will be issued? Keep 2 decimal places. 2. What percent of the post-merger firm's ownership is held by firm T shareholders? Keep 2 decimal places