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Firm A is being acquired by Firm B for $24,000 worth of Firm B stock. The incremental value of the acquisition is $6,500. Firm A

  1. Firm A is being acquired by Firm B for $24,000 worth of Firm B stock. The incremental value of the acquisition is $6,500. Firm A has 1,500 shares of stock outstanding at a price of $15 a share. Firm B has 1,200 shares of stock outstanding at a price of $30 a share. What is the value per share of Firm B after the acquisition?
  1. $21.50
  2. $35.42
  3. $30.00
  4. $32.50
  5. $22.50

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