Question: $14$ of $14$

X Ltd$.$ has decided to acquire Y Ltd$.$ by offering a cash amount of $$150,000.$ This would result in an exchange of $Y$ Ltd$\text{'}$s shares for $x$ Ltd$\text{'}$s shares. The current market price of $Y$ Ltd$\text{'}$s shares is $$20$ with $6,000$ shares autstanding, while $x$ Ltd has $10,000$ shares

Curfent question

Choose the correct option outstanding of value $$20$ each. What will the cost of the merger be$?$

$$30,000$

$$120,000$

$$150,000$

$$80,000$