Stellar Inc $($acquirer$)$ entered into a definitive merger agreement with Eads Inc $($target$)$ today. The deal was structured as a stock swap transaction with a collar agreement. The transaction was expected to close in six months.

The consideration offered by Stellar consisted of $$10\mathrm{.}00$ in cash plus Stellar common stock subject to the following collar agreement:

$($i$)$ The exchange ratio was to be set at $0\mathrm{.}5$ shares of acquirer common stock per target share if Stellar$$s stock price was above $$60\mathrm{.}00$;

$($ii$)$ The exchange ratio was to be set at $0\mathrm{.}75$ shares of acquirer common stock per target share if Stellar$$s stock price was below $$40\mathrm{.}00$;

$($iii$)$ If Stellar$$s closing stock price was between $$40\mathrm{.}00$ and $$60\mathrm{.}00,$ then the exchange ratio was to be adjusted to yield $$30\mathrm{.}00$ per target share.

You collected the following pricing data as of today.

what is the total value of the offer for each of the target shares? Give your answer without the $ sign

Call $(6$ months$)$

Put $(6$ months$)$

exercise $($$$)$

price $($$$)$

exercise $($$$)$

price $($$$)$

$40\mathrm{.}00$

$19\mathrm{.}85$

$40\mathrm{.}00$

$9\mathrm{.}07$

$50\mathrm{.}00$

$13\mathrm{.}65$

$50\mathrm{.}00$

$12\mathrm{.}68$

$60\mathrm{.}00$

$8\mathrm{.}85$

$60\mathrm{.}00$

$17\mathrm{.}68$

Annual Interest Rate

$4\mathrm{.}0\%$

Stellar Stock Price Today

$ $50\mathrm{.}00$

Easds Stock Price Today

$ $30\mathrm{.}00$