The Jeter Corporation is considering acquiring the A$-$Rod Corporation. The data for the two companies are as follows:

A$-$Rod Corp. Jeter Corp.

Total earnings $ $660,000$ $ $3,500,000$

Number of shares of stock outstanding $275,0001,750,000$

Earnings per share $ $2\mathrm{.}40$ $ $2\mathrm{.}00$

Price$-$earnings ratio $($P$/$E$)1518$

Market price per share $ $36$ $ $36$

a$.$ The Jeter Corp. is going to give A$-$Rod Corp. a $50$ percent premium over A$-$Rod$$s current market value. What price will it pay? $($Do not round intermediate calculations and round your answer to the nearest whole number.$)$

b$.$ At the price computed in part a$,$ what is the total market value of A$-$Rod Corp.? $($Use the number of A$-$Rod Corp. shares times price.$)($Do not round intermediate calculations and round your answer to the nearest whole number.$)$

c$.$ At the price computed in part a$,$ what is the P$/$E ratio Jeter Corp. is assigning A$-$Rod Corp? $($Do not round intermediate calculations and round your answer to $2$ decimal places.$)$

d$.$ How many shares must Jeter Corp. issue to buy the A$-$Rod Corp. at the total value computed in part b$?($Do not round intermediate calculations and round your answer to the nearest whole number.$)$

e$.$ Given the answer to part d$,$ how many shares will Jeter Corp. have after the merger? $($Do not round intermediate calculations and round your answer to the nearest whole number.$)$

f$.$ What are the new postmerger earnings per share? $($Do not round intermediate calculations and round your answer to $2$ decimal places.$)$