Suppose that an acquirer makes an offer to buy the shares of the target for $115, the stock price of the target is $85 before the merger announcement is made public, and $90 right after the merger announcement is made public. What is the merger premium (in%)? OA. The merger premium is approximately 5.9% O B. The merger premium is approximately 26.1% OC. The merger premium is approximately 27.8% OD. The merger premium is approximately 35.3%. O E. The merger premium is approximately 21.7%