Firm B is being acquired by Firm A for $166,000 worth of Firm A stock. The incremental value of the acquisition is $5,200. Firm A has 11,500 shares of stock outstanding at a price of $40 a share. Firm B has 6,500 shares of stock outstanding at a price of $25 a share. What is the value per share of Firm A after the acquisition?

Multiple Choice

• $40.22

• $40.11

• $40.04

• $39.97

• $40.00