please complete the rest of the question. part B is NOT $2.45

Question Help Your company has earrings per share of $3.75. It has 1,5 million shares outstanding, each of which has a price of $53. You are thinking of buying TorgetCo, which has earings per share of $1.25, 1.6 milion shares outstanding, and a price per share of $29. You will pay for TargetCo by issuing new shares. There are no expected synergies from the transaction a. If you pay no premium to buy Target what will your earings per share be after the merger? D. Suppose you offer an exchange ratio such that, at current pre-announcement share prices for both firms, the offer represents a 15% premium to buy TargetCo. What will your earnings per shuro bear the merger? c. What explains the change in samnings por share in part (a)? Are your shareholders any better or worse of d. What will your price-carnings ratio better the merger if you pay no premium)? How does this compare to your PE ito before the merger? How does this compare to TargetCo's premerger Prato a you pay no premium to buy TargetCo, what will your camings per share be after the merger The EPS after the merger is $ 321. Round to the nearest cent) b. Suppone you offer an exchange ratio such that, at current pre-announcement share prions for both firm, the offer represents a 15% premium to buy TargetCo. What will your earnings per share be atter the merger The EPs after the merger is 245 Round to the nearest cent) Enter your answer in the answer box and then click Check Answer DS remaining Clear All Check Anow