Firm A is analyzing the possible acquisition of Firm T.Firm A currently has 5,870 shares outstanding at a market price of $59.78 per share.Firm T has 4,085 shares outstanding at a market price of $49.04 per share.If Firm A has estimated that the present value of the synergistic benefits arising from the acquisition of Firm T is $8,845, what would be the NPV of the merger if Firm A offered 3 of its shares in exchange for 11.5 of Firm T's shares?

Question 6 options:

$120,040

$123,118

$126,196

$129,274

$132,351