Sweet Cola Corp. (SCC) is bidding to take over Salty Dog Pretzels (SDP). SCC has 4,900 shares outstanding, selling at $40 per share. SDP has 1,000 shares outstanding, selling at $16.50 a share. SCC estimates the economic gain from the merger to be $26,000. a. If SDP can be acquired for $18 a share, what is the NPV of the merger to SCC? b. What will SCC sell for, per-share, when the market learns that it plans to acquire SDP for $18 a share? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. What will SDP sell for? d. What are the percentage gains to the shareholders of each firm? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) e. Now suppose that the merger takes place through an exchange of stock. On the basis of the premerger prices of the firms, SCC sells for $40, so instead of paying $18 cash, SCC issues 0.45 of its shares for every SDP share acquired. What will be the price of the merged firm? (Do not round intermediate calculations. Round your answer to 2 decimal places.) f. What is the NPV of the merger to SCC when it uses an exchange of stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.)