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Figma, Inc. is being acquired by Adobe,Co . Neither firm has any debt outstanding. Adobe has 6 , 2 0 0 shares outstanding at a

Figma, Inc. is being acquired by Adobe,Co. Neither firm has any debt outstanding. Adobe has 6,200 shares outstanding at a price of $49. Figma has 2,100 shares outstanding at a Price of $20. Adobe has estimated that the synergy from merger with Figma would be $9700.
1.What is the NPV of the merger (to Adobe) if Figma management agrees to be acquired for $22 per share in cash?
2.What is the price of the merged firm shares if Adobe pays 22 per share to merge with Figma?
3.What is the merger premium if Adobe pays $22 per share to merge with Figma?
4.Suppose Figma is agreeable to a merger by an exchange of stock. If Adobe offers one of its shares for every two shares of Figma, what will the price per share of the merged firm be?
5. Suppose Figma is aggregable to a merger by an exchange of stock. If Adobe offers one of its shares for every two shares of Figma, what will be the NPV of the merger to Adobe?
(PLEASE SHOW ALL CALCULATIONS NOT JUST SPREADSHEET :)

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