Firm A is considering a merger with Firm B. Based on the following data, what is the stock exchange ratio if Firm A negotiates a merger with Firm B and if all the synergy gain goes to Firm B's shareholders? Firm A: Market value of debt: $2 million Market value of equity: $4.5 million Number of shares: 0.2 million Estimated total firm value based on value-based management model: 8 million Firm B: Market value of debt: $5 million Market value of equity: $7 million Number of shares: 0.5 million Estimated total firm value based on value-based management model: 13 million Select one: a. 1.1842 that is, 1 A share exchanges for 1.1842 B shares. b. 1.1842, that is, 1 B share exchanges for 1.1842 A shares. c. 2.3112, that is, 1 B share exchanges for 2.3112 A shares. d. 0.5578, that is, 1 B share exchanges for 0.5578 A shares. e. 0.5578, that is, 1 A share exchanges for 0.5578 B shares. f. 2.3112, that is, 1 A share exchanges for 2.3112 B shares.