Sol Company has announced plans to acquire Luna Corporation. Sol is trading for $210 per share, and has a premerger value of $22 billion, while Luna is trading for $145 per share and has a premerger value of $14 billion. The projected synergies from the merger are $1 billion. If the offer is for $8 billion in cash and the remainder in stock, what is the maximum exchange ratio that Sol could offer in the stock swap portion and still generate a positive NPV? Round to two decimal places. A. 1.69 B. 0.81 C. 1.55 O D. 0.72 E. 0.74