Suppose you have the following information concerning an acquiring firm (A) and a target firm (B). Neither firm has any debt. The incremental value of the acquisition is estimated to be $250,000. Firm B is willing to be acquired for $540,000 worth of Firm A's stock.

	Firm A	Firm B
Number of Shares	50,000	18,000
Price per Share	$50.00	$22.50

What is the price per share of the existing firm after the acquisition is completed?

Question 17 options:

	$55.24
	$51.89
	$50.00
	$54.76
	$52.46