Question $28$

Firm A is being acquired by Firm B for $$62,000$ worth of Firm B stock. The incremental

value of the acquisition is $$4,300.$ Firm A has $2,700$ shares of stock outstanding at a price

of $$22$ per share. Firm B has $10,400$ shares of stock outstanding at a price of $$31$ per share.

What is the actual cost of the acquisition using company stock?

$$62,000$

$$62,076$

$$62,274$

$$63,780$

$$62,620$