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Sprint shareholders may still expect us to pay a premium to market price in that event. What if the deal were for T - Mobile

Sprint shareholders may still expect us to pay a premium to market price in that event.
What if the deal were for T-Mobile to pay $14.64 per share in cash?
What is the NPV at $14.64?(Hint: assume that Jennifer has already discounted the future benefits down to current dollars and that NPV = Benefit + Value of Sprint - Cost of Sprint)
\table[[?bar(x-2+20),,Sprint],[Stock Price,$76.64,$6.82
The correct answer: 16.5(synergistic)+40.2(Sprint market valuation)+86.4(Sprint cost)=-29.7.( I don't understand, where 86.4 came from as spirint cost? )
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