OneDot is an internet company that announces plans to acquire one of its competitors, iTech. OneDot stock is trading for $40 per share. iTech has 100 million shares outstanding, trading at $30 each. OneDot expects synergies from the acquisition of $600 million. a) What are likely to be the sources of the synergies that OneDot is expecting from the acquisition? (3 marks) b) What is the maximum exchange ratio that OneDot could offer in a stock swap for the acquisition to be a positive-NPV transaction? (2 marks) c) Show that an exchange ratio of 0.95 OneDot share for 1 iTech share will make the acquisition a negative-NPV transaction for OneDot. (5 marks)