Data for the next four questions (17-20) Elon Musk decided to take over Twitter. Twitter has 100 million stocks outstanding with a current price of $30 per share. Musk is offering $35 per share. Question 17 1 pts Why is the price Musk is offering to Twitter's shareholders higher than the current market price? Edit View Insert Format Tools Table 12pt v Paragraph > Question 19 9 pts You can upload your solutions to this question Currently, Musk holds 15% of the stocks in Twitter. The board of the company decided to activate a poison pill. According to the poison pill provisions, the company will have a 2:1 rights issue (that is for every old share you can buy two new shares) except for Elon Musk, with a subscription price of $20. Assume Musk decided to buy another 1% of the shares at the price of $35 and triggered the poison pill. Calculate: i. The new price of Twitter after the activation of the poison pill ii. The effect of the poison pill on the voting rights of Elon Musk iii. The effect of the poison pill on the wealth of Elon Musk Data for the next four questions (17-20) Elon Musk decided to take over Twitter. Twitter has 100 million stocks outstanding with a current price of $30 per share. Musk is offering $35 per share. Question 17 1 pts Why is the price Musk is offering to Twitter's shareholders higher than the current market price? Edit View Insert Format Tools Table 12pt v Paragraph > Question 19 9 pts You can upload your solutions to this question Currently, Musk holds 15% of the stocks in Twitter. The board of the company decided to activate a poison pill. According to the poison pill provisions, the company will have a 2:1 rights issue (that is for every old share you can buy two new shares) except for Elon Musk, with a subscription price of $20. Assume Musk decided to buy another 1% of the shares at the price of $35 and triggered the poison pill. Calculate: i. The new price of Twitter after the activation of the poison pill ii. The effect of the poison pill on the voting rights of Elon Musk iii. The effect of the poison pill on the wealth of Elon Musk