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Lucas and Disney are all - equity firms. Lucas has 2 , 4 0 0 shares outstanding at a market price of $ 2 4

Lucas and Disney are all-equity firms. Lucas has 2,400 shares outstanding at a market price of $24 a share. Disney has 4,000 shares outstanding at a price of $17 a share. Disney is acquiring Lucas for $63,000 in cash. The incremental value of the acquisition is $5,500. What is the net present value of acquiring Lucas to Disney?
Group of answer choices
$400
$5,500
$100
$2,400
$1,200

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