Quarck price	23	$ per share		Quarck Co is planning a merger with Tarp Co. Quarck share price is $, Tarp share price is $ per share.
Tarp price	47	$ per share		Quarck expects the merger synergies to be +21% of Tarp's current value.
Synergy % of Tarp	21 %			Quark has 12,2 million and Tarp 1 million shares outstanding.
Quarck shares outstanding	12,2	million
Tarp shares outstanding	1	million		a. Which cash price per Tarp share should Quarck maximally offer to pay? (in case of cash deal)
				b. Which stock swap ratio (Quark shares per one Tarp share) should Quarck maximally offer? (in case of stock deal)