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Hi There Can you please answer the below question in 1 hour. Very Urgent. Thanks in advance. TargetCorp. shareholders will be receiving 6 shares of

Hi There Can you please answer the below question in 1 hour. Very Urgent. Thanks in advance.

TargetCorp. shareholders will be receiving 6 shares of Acquire Inc. for each 10 shares of TargetCorp. that they own. TargetCorp.s shares are currently priced at $15 per share while the shares of Acquire are (and will remain) worth $30 per share. What is the dollar premium that Acquire is paying for each 100 shares of TargetCorp?

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