Part 1 of 4 Points: 0 of 8 Save Your company has earrings per share of $6 It has 1 million shares outstanding, each of which has a price of S24 You are thinking of buying Targetco, which has earnings per share of 53,1 million shares outstanding and a price per share of $18 You will pay for TargetCo by issuing new shares There are no expected synergies from the transaction Complete parts a through d below a If you pay no premium to buy TargetCo, what will your earnings per share be after the merger? Your now earnings per share will be $ (Round to the nearest cent)