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Question 2 7 Firm A has agreed to be acquired by Firm B for 6 0 0 shares of Firm B . Firm B currently

Question 27
Firm A has agreed to be acquired by Firm B for 600 shares of Firm B. Firm B currently has
6,400 shares of stock outstanding at a price of $22 per share. Firm A has 1,600 shares
outstanding at a price of $14 per share. The incremental value of the acquisition is $1,800.
What is the value per share of Firm B stock after the acquisition?
$20.50
$21.02
$22.71
$23.57
$28.06

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