Stock & Cash-for-Stock Offer Reconsider the potential acquisition described in the problem above. Again, Dubon has 4,750,000 shares outstanding that are currently selling for $47.85, and they are considering the purchase of the Wells Co. that has 2,350,000 shares outstanding that are selling at $35.65. Suppose that Dubon has a horde of $35,250,000 in cash that they can use in the acquisition, and they are considering a stock & cash for stock acquisition of Wells. That implies that Dubon can offer each shareholder of Wells $15 in cash and the remainder in Dubon stock. Assuming the share prices will hold at their current levels, what portion of the new firm will the Wells stockholders own after the transaction? (The answer is a percentage, round to two decimal places, e.g. 42.75)