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CRO Inc. is worth $425 million and has 112 million shares outstanding. Target Inc. has a market value of $386 million and has 41 million

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CRO Inc. is worth $425 million and has 112 million shares outstanding. Target Inc. has a market value of $386 million and has 41 million shares outstanding. CRO believes the merged entity will be worth $1,001 million. CRO issues 100 million new shares to acquire Target. A. What is the NPV of the acquisition to CRO? B. What is the premium (in %) received by Target's shareholder? C. What is the maximum number of shares CRO would issue to acquire Target? D. What is the minimum number of shares Target would accept

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