Hi, I want to know the answer to these 2 questions with an explanation for each question. Thank you

Question 7: With a fixed value stock bid, only the bidding companys shareholders face market and operational risk between the deal announcement and completion date. (True/False)

Question 8: Sydney Ltd. is a publicly listed company in Australia that pays corporate tax at rate of 30%. It is conducting an off-market share buyback under tax determination TD 2004/22. On May 15, 2022 the company announced the buyback price to be $25.50 per share with capital component of $10.50 and the remainder treated as a fully franked dividend. The deemed consideration for the buyback has been determined to be $26.80 per share. Henry is an Australian resident shareholder in Sydney Ltd. who bought 100 shares at $10 per share on September 20, 2021. He pays tax at a marginal tax rate of 20%. Henrys after-tax proceeds from selling his 100 shares into the buyback are $2,344.00. (True/False)