The Jeter Corporation is considering acquiring the A-Rod Corporation. The data for the two companies are as follows: A-Rod Corp. Total earnings $ 528,000 Jeter Corp. $2,800,000 Number of shares of stock outstanding 240,000 1,400,000 Earnings per share $ Price-earnings ratio (P/E) 2.20 20 $ 2.00 22 Market price per share $ 44 $ 44 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.) Price ces 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.)