QUESTION 28 Martin Manufacturing has earnings per share (EPS) of $3.00, 5 million shares outstanding, and a share price of $32. Martin is considering buying Lother Industries, which has earnings yes sire 5250, 2 is cutting and store praf $20. Martin will pay for Luther by issuing new shares. There are no expected synergies from the transaction Assume that Martin pays no premium to acquire Luther. What is Martin's post-merger price per share? O A. $40 O B. $28.57 O C. $32 O D. $20 Click Save and Submit to save and submit. Click Save All Answers to save all answers. ALRA