OPTIONS FOR QUESTION :

A) $15.30

B) $3.00

C) $17.00

D) $7.50

PLEASE ANSWER USING :

1 - EXCEL

2 - DISPLAY FUNCTIONS/CELLS USED AND PROVIDE ORGANIZED SOLUTION EXPLAINING ANSWER

I WILL UPVOTE YOUR ANSWER

Firm C is contemplating acquiring Firm D. The estimated value of Firm D including synergy value is $20 million. Firm D's current market value of debt is $4.5 million and current market value of equity is $12.5 million. What is the total value of synergy (in millions) from this merger