The following data apply to the next six questions: Silver Enterprises is considering making an offer to purchase Gold Enterprises, Silver's Vice President of finance has collected the following information: Silver Enterprises Gold Enterprises $1,050,000 $470,000 Dividends Earnings $4,200,000 $960,000 Price-earnings ratio (P/E) 14.5 10 Shares Outstanding 1,500,000 750,000 Silver Enterprises also knows that securities analysts expect the earnings and dividends of Gold Enterprises to grow at,a constant rate of 4% each year. Silver Enterprises management believes that the acquisition of Gold Enterprises will provide the firm with some economies of scale that will increase this growth rate to 6% per year. If Silver Enterprises were to offer $20 in cash for each share of Gold Enterprises, what would the NPV of the acquisition be? O a. $1,236,409 O b. $1,214,286 O c. $1,314,686 O d. $1,165,856 O e. None of the above