Question $22(1$ point$)$

$1$ hermen

Suppose the Atlanta Braves decide to go public and sell equity in the team. On their first day of being a publicly traded organization, Red Albritton buys one share of the Braves for $$25.$ The next day, Gamco Investors buys a controlling interest in the team. After the transaction is complete, the stock price for the Braves rises to $$40$ per share. What is the controlling interest premium for the Atlanta Braves?

$160\%$

$137\mathrm{.}50\%$

$37\mathrm{.}50\%$

$60\%$