The NFF Corporation has announced plans to acquire LE Corporation. NFF is trading for $44 per share, and LE is trading for $78 per share, implying a pre-merger value of LE of approximately $5.6 billion. If the projected synergies are $1.35 billion, what is the maximum exchange ratio NFF could offer in a stock swap and still generate a positive NPV? The maximum exchange ratio NFF could offer in a stock swap is . (Round to three decimal places.) The NFF Corporation has announced plans to acquire LE Corporation. NFF is trading for $44 per share, and LE is trading for $78 per share, implying a pre-merger value of LE of approximately $5.6 billion. If the projected synergies are $1.35 billion, what is the maximum exchange ratio NFF could offer in a stock swap and still generate a positive NPV? The maximum exchange ratio NFF could offer in a stock swap is . (Round to three decimal places.)