Firm A(cquirer) has 40,000 shares outstanding with a market price of $16 per share. Firm Target) has 12,000 shares outstanding with a market price of $27 per share. Both firms are 100% equity finance firms. T is willing to be taken over by $408,000. The synergy of this takeover is $80,000. (a) What is the merger premium if firm A issues new stocks and pays for this takeover with its newly issued stocks? Blank